Advisory Manager- Compliance

Team Member- Compliance– Advisory- Overseas Branches & Offices ( DIFC / IFSC Position)

The key responsibilities include the following :

• Support Business Group residing in IFSC or Gift City or DIFC overseas branches of the Bank, in providing compliance oversight and advisory services for effective implementation of the Compliance Risk Management framework.
• Assisting the business and function stakeholders in review of new and existing product and process notes and advising Head Office(HO) compliance seniors on important regulatory changes and requirements
• Drafting and vetting of letters / responses / representation on regulatory matters and follow-up on the same for getting the necessary views and approvals from the regulators.
• Review of regulatory returns and notes prepared for periodic governance meetings held for the overseas branches and representative offices.
• Additionally, acting as back-up for other advisory members in the team relating to Trade, Capital and Current account transactions.
• Where called upon, to carry out testing and monitoring of regulatory risk areas to ensure compliance with extant regulatory guidelines.
• Assisting the team during the time of Regulatory Inspections / Audit by co-ordinating and collaborating with stakeholders to provide information and details requested by the regulators governing bank’s products and activities
• Conducting Compliance Business Review & monitoring related assignments as allocated by the team lead.
• Assist the team lead in preparation of board notes, training materials, department MIS and other related tasks
• Preparing the root cause analysis of critical issues and tracking the actions to remediate the gaps.

Job Requirements : Job Role