Website:
yes.bank.in
Job details:
SECTION II: 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.
SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic/ Managerial Responsibilities
Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering Credit regulations.
Core Responsibilities
- 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
- 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.
- 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
- Training
- Provide periodic training on RBI guidelines pertaining to Credit Portfolio
- Devise online training module , periodic updation etc
- 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
SECTION IV: 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
SECTION V: KNOWLEDGE & EXPERIENCE
KNOWLEDGE
Minimum Qualifications
Professional Certifications
Language Skills
Experience
Years of Experience
Nature of
Experience
- Preferably have worked in Credit (Wholesale/ Retail) advisory in a Bank (Compliance department or Business Compliance)
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