Unit Manager - Compliance/Senior Unit Ma...

Job Description

Job Purpose Perform LHS-RHS activity with respective stakeholders including COEs, Business Compliance and horizontal support functions. Closely work with CDI and CMT teams within compliance. Validate and confirm closure of LHS-RHS response in compliance system. Duties and Responsibilities Major Activities carried out by the role 1.Major Activity 1 Perform LHS-RHS activity closed for all required circulars and guidelines issued by regulators. 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. 2.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) 3.Major Activity 3 Publishing reports on ICF activities Track and moderate closure of No items with respective stakeholders Key Decisions / Dimensions Prioritization of work and tasks as per situations and requirements -Co-ordination with stakeholders and submitting on various tool requirement. Major Challenges Complexity due to 99 PPG and compliance requirement -Maintaining timeline of LHS-RHS for multiple guidelines by multiple regulators (Majorly RBI along with IRDA, NPCI and UDAI. -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 a)Qualifications CA / CS with 4-5 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 b)Work Experience 4 to 5 years of experience in Banking and finance industry in Compliance / operations / audit functions. Expertise in understanding of regulatory requirements specifically from RBI. Strong domain knowledge of RBI requirements related to retail assets, payments, etc in BFSI sector is required Relevant experience in content creation c)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