Compliance Manager - Wholesale Banking

Job Description:

Role/ Job Title: Senior Compliance Manager

Function/ Department: Compliance

Job Purpose:

The role entails the responsibility to ensure the bank’s policies and procedures comply with regulatory and ethical standards. It includes evaluating all current and new compliance regulations, reviewing bank's processes, and leading training sessions, especially for Retail Liabilities business as well as Treasury business of Wholesale Banking

Roles & Responsibilities:

· To work closely with business units and support / control functions to effectively implement compliance requirements related to Wholesale Banking (Lending).

· To ensure that all required policies, procedures, manuals, etc. is in place to conduct business in compliance with the regulatory framework in Wholesale Banking (Lending) business of the Bank.

· To review required Policies, Product notes / Manuals, SOPs & other Internal process documents for Wholesale Banking lending business in line with Regulator guidelines and instructions issued.

· Assist in providing compliance support to the Treasury function

· Ensure implementation and tracking of regulatory guidelines issued by RBI, SEBI, NSDL, etch from time to time and filing of various related regulatory returns. Also provide advisory support for queries raised by the stakeholders.

· Ensure the collation, review and timely submission of the various ad hoc & day-to-day requirements shared by RBI.

· Ensure closure of inspection observation within the committed timelines.

· Vet and draft along with business teams’ request/approval/clarification letters to RBI, SEBI, NSDL.

· Disseminate and ensure implementation of RBI circulars issued pertaining to Wholesale Banking Lending business. Also, from time to time engage with relevant stakeholders and assist them with the closure of the circular in the internal system & quarterly self-certification on regulatory guidelines.

· Preparation / Updating of regulatory checklist and FAQs based on applicable RBI guidelines for the allotted work areas.