Compliance Advisory

Reports to: Head - Risk and Business Strategies
Objective:

The incumbent is responsible for coordinating regulatory inspections, ensuring compliance with relevant regulations.
Key Responsibilities:
• IT Compliance: Ensure that all IT systems comply with regulatory requirements and industry standards.
• Information Systems Audit: Conduct regular audits of the Bank's information systems to identify vulnerabilities and areas for improvement.
• Security Audits: Perform security audits to ensure that the Bank's data and systems are secure from unauthorized access.
• Application Control Reviews: Review application functionality to ensure that it meets regulatory requirements.
• Compliance Reviews: Assist the team in conducting compliance reviews to ensure that the Bank is meeting regulatory requirements.
• Reporting: Prepare and submit regular reports to the Board and Audit Compliance Committee.
Essential Competencies:
• Regulatory Environment: In-depth knowledge of Indian banking regulations, particularly RBI and FEMA requirements.
• Coordination: Good coordination skills to manage multiple stakeholders and tasks.
• Research and Analysis: Ability to conduct research and analyze regulatory guidelines to inform decision-making.
• Banking Knowledge: Good understanding of commercial, operational, and financial aspects of banking, including Trade, Remittances, and Treasury.
• Results-Driven: Proven ability to drive results and be effective in a fast-paced environment.
• Interpersonal Skills: Good interpersonal skills to communicate effectively with stakeholders.
Qualifications and Experience:

Chartered Accountant (CA) with 1-2 years of post-qualification experience in Financial Services, preferably handling RBI Inspection. A degree in Law or Company Secretary will be an added benefit.

Impeccable integrity and compliance consciousness are essential for this role. Read more