Lead - Credit Compliance Advisory - Bank (5-15 yrs)

Hiring for Leading private sector bank!

Role : Lead Credit Compliance Advisory

Qualification : Any Post Graduate

Location : Mumbai

Job Description : Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering.

Guidance & Advisory:

- Provides guidance and support to business teams on their queries pertaining to (Wholesale and Retail) regulations/guidelines issued by RBI

- Liaising with RBI for seeking clarification

Product & Process Note Review:

- Review of Product and Process note to ensure that product/ process notes are compliant from regulatory perspective.

- Representing Compliance unit in PPAC Committee Discussion

- Ensures that compliance comments are communicated and discussed with the product owner post internal discussions.

Circular Tracker Implementation:

- Ensure that regulatory guidelines are disseminated within prescribed timelines

- Identification, review of action point and dissemination to stakeholders

- Follow up with stakeholder to ensure that regulatory guidelines are implemented by the relevant unit(s).

- Testing of compliance submitted by stakeholder before closure of circular action points

Training:

- Provide periodic training on RBI guidelines pertaining to Credit Portfolio

- Devise online training module , periodic updation etc

Audit Committee / Board Submission:

- Ensure preparation and submission of quarterly compliance agenda notes to CS team

- Preparation of Monthly Report on Compliance Activities

- Need to interaction with Business Unit / Product Team / Operation Unit

- Need to interact with the middle/senior management of Business Unit/ Product Team/ Operation Unit