Job Description

Job Title \xe2\x80\x93

Senior Compliance Manager

Place of work

• Mumbai

Business Unit

• Retail Banking

Function

\xe2\x80\x93 Compliance

Job Purpose:
The role entails the responsibility to ensure bank\'s policies and procedures comply with regulatory and ethical standards. It includes evaluating all current and new compliance regulations, reviewing bank\'s processes, and leading training sessions.

Roles & Responsibilities:
Oversee all business operations relating to compliance including policies, investments, and procedures

Design and monitor control systems to deal with violations of legal rules and internal policies

Regularly assess the efficiency of control systems and recommend effective improvements

Review and evaluate bank\'s procedures and reports to identify hidden risks or common issues

Perform periodic audits on company procedures and processes, maintain and organize compliance records

Draft compliance checklists, manuals and other regulatory documentation

Coordinate with different department leads to review all departmental compliance policies

Liaise with the senior management to ensure proper implementation of compliance policies

Act as a confidential point of contact for employees to seek clarification on compliance issues, or report irregularities.

Initiates investigations when possible non-compliance takes place within the bank

Facilitate employee training sessions on legal and compliance issues

Supervise compliance officers and team, share best practices

Leverage in-house synergies through collaboration with internal stakeholders

Keep abreast of regulatory developments within or outside of the bank as well as evolving best practices in compliance control

Create an environment that promotes collaborative learning and collective ownership of responsibilities

Managerial & Leadership Responsibilities:
Attract and retain best-in-class talent for key roles in their reporting structure

Educational Qualifications:
Graduate \xe2\x80\x93 Any

Experience:
Minimum of 10+ years in Compliance