Job Description

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 Skills: Credit Compliance
Regulatory Compliance
Location: Mumbai
Required Experience: 12-15 yrs
Positions: 1
Contact Person: Mamta Chauhan
Email ID: mamta.chauhan@v-konnect.com