Team Member - Compliance - Mumbai

Job Description:

1.     Ability to understand intricacies of new RBI circulars and ensure their implementation by hand holding stakeholders i.e. business / operations / IT in implementation all new guidelines

2.     Track the progress in circular implementation and report to Board as to pending items including status / progress & tentative timelines for closure.

3.     Post implantation of new guidelines, undertake testing of controls to see if they are gaps in implementation. In case of gaps, coordinate with stakeholders to plug the gaps       

4.     Undertake testing of Risk Based Supervision Tranche:

·       Act as Key Person for coordinating and conducting RBS Tranche 3 testing

·       Also undertake testing of various controls under RBS Tranche 3 and also additional aspects decided by senior management

·       Ensure completion of exercise within RBI stipulated timelines

·       Track compliance failures under RBS Tranche 3 and do Root Cause Analysis for all failures.

·       Undertake remedial steps to ensure rectification

·       To report to Senior Management  as to action taken details