Compliance Officer Trade advisory

Role Summary

The role holder is responsible for providing regulatory guidance on various products, processes and transaction structures pertaining to the treasury function of the Bank. The role also ensures regular interaction with the regulators for queries as well as during on-site and off-site inspections. Further, the role also ensures preparation of certain Management Information SystemsSECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIESStrategic/ Managerial Responsibilities N/ACore Responsibilities Regulatory GuidanceProviding regulatory guidance on various business structures and transactions pertaining to the treasury and PD operations.Review of Product and Process NotesReviewing various product and process notes pertaining to the treasury and PD operations of the Bank from a regulatory point of view.Interacting with the RegulatorsRegularly interacting with the regulators to seek clarifications on guidelines or representing various business proposals for their approval.Implementation of latest regulationsEnsuring that the action points from the latest regulations are shared with the concerned stakeholders and the same are implemented within regulatory prescribed deadlines or within suitable time in absence of any regulatory prescribed deadlines.Management Information System (MIS)Ensuring that accurate MIS are prepared and circulated to the Top Management on a timely basis.Submission of Notes to the Board / Board level CommitteesEnsuring that various compliance related notes are prepared and submitted to the Board / Board Level Committees on a timely basis either through placing it in the meeting or through circulation.People Management or Self-Management Responsibilities Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.Risk and Internal Control Responsibilities Implements the risk policies and processes (operational, regulatory, financial, informational, reputational and audit risks), ensuring that that these meet regulatory and internal requirements.Implements the internal control systems in the department and participates in the departmental audits.Implements practices to bridge gaps identified during departmental audits.