RBI Liaisoning & Reporting role (CA/MBA required)

1 - 6 years

8 - 14 Lacs

Posted:3 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Role:

Job Location:

Job Purpose:

The staff shall be responsible for scrutiny of documents in terms of compliance with FEMA Regulations and Internal Policies defined by the bank. The staff will be responsible for timely and accurate reporting of Transaction to RBI through various channels. The staff will communicate with customers and other stake holders for advisory on various FEMA related queries.

Job Responsibilities(JR):

1.

  • Basic knowledge of ODI - Overseas Direct Investment, FDI - Foreign Direct Investment, ECB - External Commercial Borrowings, Branch Office, Liaison office, SNRR Accounts & Off shore (IFSC / SEZ) transactions etc.
  • Handle Audit observations and ensure timely responses.
  • Handle Compliance Testing for the Department.
  • To review all the circulars issued by various regulatory authorities and implements the same by incorporating revised guidelines into existing processes.
  • Ensure that all processing units comply with RBI and ICC rules and regulations.
  • Update the processing units of all changes in the regulations.
  • Ensure that observations of RBI and external FEMA auditors are responded and adequately closed.

2. Represent Bank during meeting with Regulators, FEDAI, etc

  • To meet the regulators on various matter
  • To give opinion on various FEMA related matters.
  • To give suggestions for improvisation of process
  • To write / suggest better processes to RBI on FEMA and other regulations
  • Represent the Bank in AD workshops and other meetings at RBI to provide market feedback to RBI and help the regulator in framing the guidelines.

3. Networking with other Banks Compliance Staffs -

4. Roll out of New Processes -

5. Training Users of all Trade branches and processing centers -

6. Meetings with external customers -

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Hdfc Bank logo
Hdfc Bank

Banking

Mumbai Maharashtra

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