Compliance Operations

Job description

**About the Role:** The Compliance Operations Team is responsible for ensuring the proper adherence to all compliance requirements and to process any operational requirements for the same. The Team must ensure Dissemination of regulatory guidelines, clear instructions to departments with respect to timely action to be taken.  The Role involves taking due cognizance of all regulatory requirements and to drive and ensure compliance across the Banks functions. Proper Due diligence must be conducted before precipitating any Business Transaction for matters of Compliance Adherence. **Key Responsibilities** - Dissemination of regulatory guidelines and providing clear instructions to departments with respect to timely action to be taken. - Follow up and ensuring implementation of the agreed actionable. - Understand an end-to-end scope of products / processes proposed by departments, and giving compliance related inputs, - Conducting compliance risk assessment of the relevant units, - Preparing notes to be placed to various committees / Top Management within the Bank. - Analyzing new regulations and its impact and following-up for compliance of the same. - Maintaining complete repository of all relevant items of breaches and creating breach universe **Qualifications:** Optimal qualification for success on the job is: - MBA from a recognized institute - Law Background preferable - Preference to be given to those having completed CAIIB or other professional banking courses. - Reasonable exposure to branch banking and Experience in Compliance Operations **Role Proficiencies:** For successful execution of the job, the candidate should possess the following: - Good communication (both verbal and written) and inter-personal skills - Strong Excel and database manipulation skills, financial and statistical analysis skills) - Ability to work on large database in Excel; Analyzing data; Report preparation for information to Senior Management - Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment - Ability to prioritize and make decisions in a fast-paced environment