Manager/Senior Manager - Compliance - BFS

Job Responsibilities Involves :

The Compliance Manager will be responsible for implementing the compliance framework based on RBI regulations with co-ordination with CCO and Management. He/she will be responsible to liaise with the internal managers to ensure that the Bank activities are operated within the acceptable standards under statutory requirements. Work closely with the Management and take an active leadership role on strategic decisions of the organization.

1.Managing and maintaining the list of Regulatory returns to ensure the timely and accurate submission of returns as per their periodicity.

2.Preparing compliance reports for the branch for reporting to HO and RBI

3.Following up on compliance issues with departments, assisting for resolution and advising wherever required.

4.Report promptly to the Chief Compliance Officer, any major change/observation relating to the compliance risk, AML/KYC violations, regulatory issues, new circular / guidelines etc.

5.Collaborate with internal departments to monitor regulations impacting the business

6.To report non-compliance instances of the branch with various committees e.g. Management Committee, ALCO, Risk Management Committee etc. for on time identification and mitigation

7.To provide guideline / draft framework / create matrix etc. on various regulatory prescriptions

8.Support CCO to manage the Compliance Department and role of Compliance in the Bank

9.Provide efficient and up to date compliance advisories to the departments, Management etc.

10.Undertake daily/monthly/Annual Compliance monitoring and preparation of report.

11.Manage RBI audit, RBS data flow and other RBI requirements from time to time.

Desired Candidate Profile :

- 5-12 years of work experience in banking sector .

- Should have good understanding of Banking industry and Compliance framework, knowledge of - regulations, legal framework etc.