Cluster Manager - Compliance

Location Name:

Job Purpose

Duties And Responsibilities

•  Major Activity 1
•  Lead and perform LHS-RHS activity closed for all required circulars and guidelines issued by regulators (Mainly IRDA).
•  Create and execute annual LHS-RHS activity plan for all master circulars and guidelines.
•  Work closely Businesses, COEs, Horizontal support functions for closure of LHS-RHS activity and become compliant for all guidelines issued by various regulators.
•  Major Activity 2
•  Engage and work closely with Businesses, COEs, Horizontal support functions to become compliant on all LHS points for various guidelines issued by regulators.
•  Engage and work closely with sub functions within compliance unit (eg. CMT, CDI, advisory team etc)
•  Engage with seniors and key stakeholders
•  Major Activity 3
•  Publishing reports on ICF activities
•  Track and moderate closure of ‘No’ items with respective stakeholders
  

Key Decisions / Dimensions

•  Co-ordination with stakeholders and submitting on various tool requirement.
  

Major Challenges

•  Initial challenges with Compliance tool, as it is new and yet to be completely developed and maintained.
•  Very high expectation from the role.
•  New and big team
  

Required Qualifications And Experience

•  Qualifications
•  CA with 6-7 years’ experience in banking industry
•  Additional certifications in banking and Compliance like CIA / CISA / CAIIB are preferred
•  Strong domain knowledge of RBI requirements related to retail assets, liabilities, payments, etc in BFSI sector is required
•  Work Experience
•  6 to 7 years of experience in Banking and finance industry in Compliance / operations / audit functions.
•  Expertise in understanding of regulatory requirements specifically from IRDA.
•  Strong domain knowledge of RBI requirements related to retail assets, payments, etc in BFSI sector is required Relevant experience in content creation
•  Skills Keywords
•  Excellent communication skills and presentability
•  Demonstrate leadership, negotiation, communication and audit/ compliance management skills in order to handle CDI team activities and engage with Senior Management
•  Develop rapport with Business teams for adding value through compliance recommendations.
•  Bring new knowledge on board and keep updated with rapidly changing business environment.
•  Constantly challenge status quo for bringing value addition