Compliance : BUCG - Retail Liabilities Team

About Compliance

The Compliance department assists the Board and Top Management in managing the compliance risk, that is, the

risk of legal or regulatory sanctions, financial loss or reputational loss that the Bank may suffer as a result of its

failure to comply with the applicable laws, regulations or code of conduct applicable to banking activities. It

ensures strict observance of all statutory provisions in various legislations such as Banking Regulation Act,

Foreign Exchange Management Act, Prevention of Money Laundering Act, Reserve Bank of India Act, etc. as well

as the regulatory guidelines issued from time to time, the standards and codes prescribed by BCSBI, FEDAI,

FIMMDA, etc. and also the Bank's internal policies and fair practice code

About the Role

The BUCG - Retail Liabilities team is responsible for managing the compliance risk management activities of retail

Liabilities / operations and cards covering dissemination of regulatory guidelines, annual compliance risk

assessment, product / policy reviews, evaluating the existing processes / controls, carrying out root cause

analysis, devising remedial action plan and reporting to the board.

Key Responsibilities

• . Supervising dissemination of actionables emanating from new guidelines and ensuring implementation

by the respective Business units of the Bank

been complied.

/ MD Dashboard etc.

Guidelines.

requirements

KYC.

Qualifications

Optimal qualification for success on the job is : MBA / Postgraduate with Banking background

Role Proficiencies :

For successful execution of the job, a candidate should possess the following :

Skills Required

Refer to the Job Description