Alpha Orion
Website:
alphaorion.in
Job details:
We are seeking a highly skilled and experienced banking professional to join the Bank’s Compliance Department, with a focus on Regulatory Compliance for Retail Assets (Loans and Advances).
Key Responsibilities -
- Vet new retail asset products, processes, and initiatives from a regulatory-compliance perspective.
- Review policies, standard operating procedures, and manuals to ensure alignment with applicable regulatory requirements.
- Conduct compliance risk assessments and thematic reviews of retail asset activities.
- Provide regulatory guidance on RBI requirements relating to credit, loans and advances, interest rates, IRAC norms, and related areas.
- Conduct compliance testing across branches and relevant head-office functions.
- Coordinate with internal stakeholders to develop, implement, and monitor the Compliance Testing Framework.
- Track remediation plans, management responses, process improvements, and closure of action points arising from compliance testing.
- Support the Head of Compliance in reporting key regulatory-inspection matters to the Board and the Audit Committee of the Board.
- Coordinate the collation and timely submission of responses to RBI observations and inspection requirements.
- Liaise with RBI, where required, to obtain clarification on regulatory matters.
- Ensure regulatory circulars and guidelines are disseminated internally within prescribed timelines.
- Identify action points from regulatory communications and follow up with relevant business units to ensure implementation.
- Advise retail and wholesale credit teams on RBI regulations and guidelines.
- Support business teams with regulatory queries related to retail asset products, including MSME loans, mortgages/home loans, and personal loans.
- 7–8+ years of banking experience in a Compliance role, with significant exposure to Retail Assets.
- Strong working knowledge of RBI regulations governing loans and advances, interest rates, IRAC norms, and retail lending.
- Practical familiarity with MSME, mortgage/home loan, and personal-loan products.
- Experience in compliance testing, regulatory inspections, policy review, and stakeholder management.
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