Compliance Advisory

Reports to: Head, Risk and Banking Supervision

Objective:

The primary responsibility of this role is to coordinate regulatory inspections and ensure the bank's compliance with relevant laws and regulations.

Responsibilities:
• Oversee IT compliance and conduct Information Systems Audits to identify areas for improvement.
• Conduct Information Systems and Security audits, application control reviews, and application functionality reviews to assess the bank's risk management practices.
• Perform IT audits in accordance with the annual audit plan to ensure timely identification and mitigation of potential risks.
• Develop and implement effective audit methodologies to improve the bank's overall compliance posture.
• Collaborate with team members to conduct compliance reviews and ensure that all findings are addressed promptly.
• Assist in preparing monthly, quarterly, and annual submissions to the Board and Audit Compliance Committee to ensure transparency and accountability.

Essential Competencies:
• In-depth knowledge of the regulatory environment in India, particularly RBI and FEMA requirements.
• Excellent coordination skills to manage multiple stakeholders and deadlines.
• Strong research capabilities and analytical skills to interpret complex regulatory guidelines.
• Comprehensive understanding of banking operations, including trade, remittances, and treasury functions.
• Ability to drive results-oriented initiatives and demonstrate effectiveness in a fast-paced environment.
• Excellent interpersonal skills to communicate effectively with colleagues and external partners.

Qualifications and Experience:

1-2 years of post-qualification experience in a financial services environment, with a proven track record of ensuring compliance with regulatory requirements.

Impeccable integrity and a strong commitment to upholding the bank's values and ethics. Read more