CA Fresher Compliance Testing || Mumbai || YES Bank

Generic JD for the CA Fresher - Compliance Testing || YES BANK || Mumbai

Position

Compliance Testing

Objective

The incumbent would be primarily responsible for conducting Compliance reviews of Banks functions and new products to give reasonable assurance to the Management regarding compliance with regulatory norms.

Responsibilities

• Preparation and updating of Compliance review checklists in line with the regulatory guidelines/internal policies.
• Undertaking field work and ensuring that the review is completed within the prescribed timelines.
• Preparation of Draft Compliance Review report and discuss the same with the relevant stakeholders.
• Obtain the responses from the stakeholders and preparation of Final Compliance Review Report.
• Ensure proper documentation and working papers are maintained for all the compliance reviews conducted.
• Preparation of Open Issue tracker for Compliance Review Reports issued.
• Follow up with the management towards closure of compliance review open issues.

Essential competencies

• In depth knowledge of the regulatory environment for the banks in India particularly RBI.
• Good research capabilities and intelligent interpretation of regulatory guidelines.
• Good knowledge of all the elements (commercial, operational) of banking areas like Trade, Remittances, Treasury, Loans & Advances e.t.c.
• Good interpersonal skills.
• Demonstrated ability to drive results and be very effective