Role holder should have 5-10 years of post-qualification experience with very good communication skills, hands on with Credit regulations (Wholesale/ Retail) and compliances thereunder.

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

Strategic/ Managerial Responsibilities Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering Credit regulations.

Core Responsibilities

Guidance & Advisory

Provides guidance and support to business teams on their queries pertaining to Credit (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.

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 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 

People Management or Self-Management Responsibilities 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  

Risk and Internal Control Responsibilities

 

SECTION IV: KEY INTERACTIONS

Key Internal Interactions Purpose of Interaction

Business Unit / Product Team and Central Compliance Team For Guidance and support to Business Teams / Product Team / Operation team on their queries pertaining to Credit regulations/guidelines issued by RBI.

 

Key External Interactions Purpose of Interaction

Interaction with RBI for seeking clarification / guidance 

 

SECTION V: KNOWLEDGE & EXPERIENCE

KNOWLEDGE Minimum Qualifications CA/CS/CMA/LLB

Professional Certifications CA/CS/CMA/LLB

Language Skills English

EXPERIENCE

Years of Experience 5-10 Years

Nature of Experience Preferably have worked in Credit (Wholesale/ Retail) advisory in a Bank (Compliance department or Business Compliance)