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Compliance Advisory - Credit - SVP

Compliance Advisory - Credit - SVP

YES BANKmumbai, maharashtra, in
12 days ago
Job description

ROLE SUMMARY

Role holder should have 12-15 years of post-qualification experience with very good communication skills, hands on with Credit regulations (Wholesale / Retail) and compliances thereunder.

KEY RESPONSIBILITIES / ACCOUNTABILITIES

Strategic / Managerial Responsibilities

Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering Credit regulations.

Core Responsibilities

A. Guidance & Advisory

  • Provides guidance and support to business teams on their queries pertaining to Credit (Wholesale and Retail) regulations / guidelines issued by RBI
  • Liaising with RBI for seeking clarification

B. Product & Process Note Review

  • Review of Product and Process note to ensure that product / process notes are compliant from regulatory perspective.
  • Representing Compliance unit in PPAC Committee Discussion
  • Ensures that compliance comments are communicated and discussed with the product owner post internal discussions.

    • C. Circular Tracker Implementation

  • Ensure that regulatory guidelines are disseminated within prescribed timelines
  • Identification, review of action point and dissemination to stakeholders
  • Follow up with stakeholder to ensure that regulatory guidelines are implemented by the relevant unit(s).
  • Testing of compliance submitted by stakeholder before closure of circular action points

    • D. Training

  • Provide periodic training on RBI guidelines pertaining to Credit Portfolio
  • Devise online training module , periodic updation etc

    • E. Audit Committee / Board Submission

  • Ensure preparation and submission of quarterly compliance agenda notes to CS team
  • Preparation of Monthly Report on Compliance Activities

    • People Management or Self-Management Responsibilities

    § Need to interaction with Business Unit / Product Team / Operation Unit

    § Need to interact with the middle / senior management of Business Unit / Product Team / Operation Unit

    Risk and Internal Control Responsibilities

    KEY INTERACTIONS

    Key Internal Interactions

    Purpose of Interaction

    Business Unit / Product Team and Central Compliance Team

    § For Guidance and support to Business Teams / Product Team / Operation team on their queries pertaining to Credit regulations / guidelines issued by RBI.

    Key External Interactions

    Purpose of Interaction

    § Interaction with RBI for seeking clarification / guidance

    KNOWLEDGE & EXPERIENCE

    KNOWLEDGE

    Minimum Qualifications

    § CA / CS / CMA / LLB

    Professional Certifications

    § CA / CS / CMA / LLB

    Language Skills

    § English

    EXPERIENCE

    Years of Experience

    § 12-15 Years

    Nature of

    Experience

    § Preferably have worked in Credit (Wholesale / Retail) advisory in a Bank (Compliance department or Business Compliance)

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