Senior Compliance Manager-Retail Liabilities & Wealth

5 - 10 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Senior Compliance Manager in the Retail Liabilities & Wealth department at the Bank, your role will be crucial in managing overall compliance risk and ensuring regulatory requirements are met. You will collaborate with various business units and support functions to implement and oversee compliance activities effectively. Key Responsibilities: - Provide compliance oversight and advisory support to businesses - Ensure regulatory compliance and manage overall compliance risk - Review and update policies, procedures, manuals, and internal process documents in alignment with RBI guidelines - Review and provide feedback on new products, campaigns, and variants before launch - Disseminate relevant circulars from RBI, PFRDA, and IRDA to business teams - Respond to regulatory queries promptly and ensure timely submission of certifications, reports, and communications - Train personnel on compliance responsibilities - Identify and escalate compliance issues - Collaborate with stakeholders during regulatory inspections - Conduct compliance monitoring exercises - Prepare regulatory checklists and submit necessary notes to the Board periodically Qualifications Required: - Minimum of 5-10 years of experience in compliance functions within a Bank or NBFC - Solid educational background with any graduation and post-graduation qualification - Proactive approach to compliance activities - Strong communication skills Note: Omitting any additional details of the company as it is not present in the provided job description.,

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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