Sr. Manager / VP - Regulatory Compliance

Job Description

Job opening for Sr. Manager / VP - Regulatory Compliance role in a Leading Private Bank at Navi Mumbai. Role : Sr. Manager / VP - Regulatory Compliance Location : Navi Mumbai Key Responsibilities 1. Regulatory Compliance Management Ensure day-to-day compliance with regulatory requirements from authorities such as RBI, PMLA, UIDAI, NPCI, CKYC, etc. (a) Disseminate regulatory guidelines to relevant stakeholders, maintain compliance trackers, and ensure timely follow-up and closure of open items. (b) Circulate regulatory correspondences to internal teams and coordinate the timely submission of accurate and validated responses to regulators. (c) Regularly update the status of compliance activities to executive and board-level committees. (d) Manage end-to-end compliance testing, including planning, execution, documentation of results, and tracking closure of observations. (e) Oversee the end-to-end execution of the Risk-Based Supervision (RBS) framework for the Bank. 2. Cross-Functional Compliance Support Provide compliance oversight and input across various functions: (a) Review new product proposals from a compliance and regulatory standpoint. (b) Evaluate contracts and agreements with vendors and partners to ensure alignment with compliance standards. (c) Facilitate internal audits of the compliance department. (d) Ensure timely closure of audit reports and associated findings. (e) Coordinate with relevant departments on RBS audits, including dissemination of audit findings and ensuring timely and complete resolution of observations. 3. Dashboard and Reporting Management Maintain comprehensive dashboards and trackers to monitor: (a) Action Taken Reports (ATRs) from Board, Board Committees, and Management Committees. (b) Open compliance items and adherence to regulatory guidelines. (c) Closure timelines related to observations from compliance testing. 4. Committee & Governance Support Prepare and manage documentation for high-level committee interactions: (a) Draft and compile presentations and briefing notes for Board, Board Committees, and Management Committee meetings on behalf of the Compliance Department and Chief Compliance Officer (CCO). (b) Validate that draft and final minutes of committee meetings accurately reflect discussions and decisions made. (c) Coordinate with the Company Secretary’s office to ensure timely submission of meeting materials, finalization of minutes, and any follow-up Action Taken Reports. Interested candidates can share their an updated resume on kiran@thepremierconsultants.com or connect on 9157098873 #RegulatoryCompliance #RBS #RiskBasedSupervision #Tranche1 #Tranche2 #Tranche3 #RBIInspection #RBIRegulations #ComplianceTesting