Job Title Team Member Grade AVP Department Compliance No. of Positions 1 Location GIFT City, Gandhi Nagar Reporting Authority Job Name SVP-1 No. of Direct Reports NA Team Size NA Job Description · Handling Compliance aspects related to GIFT City branch · Analyzing impact of Acts/Rules/Regulations/Guidelines/Circulars and appraising the Senior Management about the Compliance Risks emanating from the regulations. · Supervising dissemination of actionables emanating from new regulations and ensuring implementation by the respective Business units of the Bank. · Partnering with Business Departments on various aspects of Regulations applicable to their Business and providing them solutions on matters referred by them in new and existing products and processes. · Approval of any new/review of existing Policy/ Internal circulars/processes after ensuring all regulatory/internal guidelines have been complied. · Review of major business proposals, credit proposals etc and providing inputs from regulatory compliance perspective. · Compliance testing as per compliance monitoring plan, submission of the report to HO and tracking closure of observations. · Meeting and communicating with the regulators for clarification on regulations and approvals for products/services. · Submission of speaking points/Action taken report etc. for various committees like Audit Committee of Board /MD Dashboard etc. · Handling of Compliance related queries and approvals. · Providing relevant inputs for preparation of presentations /Dashboards · Monitoring and tracking of closure of regulatory observations emanating from IAD, Compliance Testing and Regulatory Inspection reports · Approval and testing of new/change product and process notes in line with relevant applicable regulations /internal policies and giving sign off to PMC/CMC notes Competencies Required · Understanding of IFSCA and RBI regulations and guidelines · Good Interpersonal and communication skills · Excellent spoken & written (Drafting) English skills · Proficiency & command in Excel, Word & PPT etc. Academic Qualifications Required CA/ MBA/ Professional qualification Nature of Relevant Work Experience Required 8-10 years of experience in banking No. of Years of Relevant Work Experience 5 years’ experience in related functions