SBI - Senior Special Executive - Compliance

RECRUITMENT OF SPECIALIST CADRE OFFICERS ON REGULAR/CONTRACT BASIS

ADVERTISEMENT NO: CRPD/ SCO / 2021-22/01

Online Registration of Application & Payment of Fees: From 13.04.2021 TO 03.05.2021

State Bank of India invites Online application from Indian citizen for appointment to the following Specialist Cadre Officers posts.

Candidates are requested to apply Online through the link given on Bank's website https://bank.sbi/careers or https://www.sbi.co.in/careers

Candidates are advised to check Bank's website https://bank.sbi/careers or https://www.sbi.co.in/careers regularly for details and updates (including the list of shortlisted/ selected candidates). The Call letter/ advise, where required, will be sent by e-mail only (No hard copy will be sent).

Nature of engagement - Contractual

Selection Process : Shortlisting & Interview

Age (as on 01.12.2020) : Min - 28, Max - 35

Likely place of posting# Mumbai ( The place of posting is only indicative. The selected candidate may be posted anywhere in India. )

Post Manager : Senior Special Executive (Compliance)

Educational Qualification :

Basic Qualification: (As on 01.12.2015)

Graduation in any discipline as full time course from a recognized university/institution.

Other Professional Qualification (Compulsory) : (as on 01.12.2020): Certified Anti Money Laundering Specialist (CAMS) / Certified Financial Crime Specialist (CFCS) (Professional)

Work experience :

Minimum 5 years of post-qualification essential work experience (as on 01.12.2020) in any Banking institution with overseas presence in any of the undernoted areas in Supervisory capacity.

- Compliance with AML/CFT Regulations & Transaction Monitoring.

- Sanction Compliance (EU, UN &OFAC)

Specific skill required:

a)The candidate should possess sound knowledge of banking operations.

b)Sound understanding of the KYC - AML principles.

c)Should be well versed in AML - CFT requirements at US, EU and Asia Pacific.

d)Understanding of the various sanctions- regimes.

e)The candidate should be a team player having strong inter-personal skills.

f)The candidate should possess innovative analytical skills.

The candidate should be proficient in spreadsheet, share-point, presentation skills.

Job Profile:

- To provide specialist support and advise to other business units in IBG for improving compliance risk management framework across the organisation.

- To regularly review the Bank's capability to identify and manage new types of compliance risks.

- Tracking the compliance related developments across the globe and periodic reporting to management with suggested actions required, if any.

- Monitoring and analysing compliance related IT applications in FOs like Transaction Monitoring Application, Negative Media Tracking Solution, Sanctions Screening Software periodically and informing the updates to the country coordinators and controllers

- Scrutinising the KYC/AML Policy, Compliance Policy, Anti-Bribery Policy submitted by the FOs, suggesting changes required, if any & recommending for approval by the appropriate authority in Bank.

- Collection of various quarterly reports from foreign offices, their consolidation and putting up analytical reports to top management

- Collection of Quarterly report on Compliance Key Risk Indicators (KRIs) from foreign offices, scrutinising for deviation, if any, and putting up consolidated report to management

- Scrutinising the transactions escalated by domestic branches from sanctions compliance perspective as per Bank's policy and recommending to the department head

- Providing inputs for Bank's Presentation for the Supervisory College, organised by RBI, and collecting related background/ feedback papers from various departments for Top Management

- Preparation of ATR on action points for Annual conference of Foreign Offices held each year for Compliance & Risk Department.

- Providing inputs for Bank's presentations for events like IBO/JIBO training, Conclaves/ Annual Conference/workshops, etc. for compliance department

- Working in collaboration with IT-FO for creation/enhancement of various IT platforms such as Compliance Dashboard/ other reporting platforms for Foreign Offices

- Attending workshops/Video Conferences with Foreign Offices on Compliance, Risk & Audit issues and preparing minutes of the deliberations

KRAs:

Providing Specialist Support:

- To provide specialist support and advise to other business units in IBG for improving compliance risk management framework across the organisation.

- To regularly review the Bank's capability to identify and manage new types of compliance risks.

- Tracking the compliance related developments across the globe and periodic reporting to management with suggested actions required, if any.

Monitoring and Reporting:

- Monitoring and analysing compliance related IT applications in FOs like

- Transaction Monitoring Application, Negative Media Tracking Solution, Sanctions Screening Software periodically and informing the updates to the country coordinators and controllers

- Scrutinising the KYC/AML Policy, Compliance Policy, Anti-Bribery Policy submitted by the FOs, suggesting changes required, if any & recommending for approval by the appropriate authority in Bank.

- Collection of various quarterly reports from foreign offices, their consolidation and putting up analytical reports to top management

- Collection of Quarterly report on Compliance Key Risk Indicators (KRIs) from foreign offices, scrutinising for deviation, if any, and putting up consolidated report to management.

- Scrutinising the transactions escalated by domestic branches from sanctions compliance perspective as per Bank's policy and recommending to the department head.

Presentation and Organising:

- Providing inputs for Bank's presentation for the Supervisory College, organised by RBI, and collecting related background/ feedback papers from various departments for Top Management

- Preparation of ATR on action points for Annual conference of Foreign Offices held each year for Compliance & Risk Department

- Providing inputs for Bank's presentations for events like IBO/JIBO training, Conclaves/ Annual Conference/workshops, etc. for compliance department.

Miscellaneous:

- Working in collaboration with IT-FO for creation/enhancement of various IT platforms such as Compliance Dashboard/ other reporting platforms for Foreign Offices.

- Attending workshops / Video Conferences with Foreign Offices on Compliance, Risk & Audit issues and preparing minutes of the deliberations

The apply button will redirect you to an external URL, please apply there.