Chief Compliance Officer (Guwahati, Assam)

Career Carnival

1. lead the Formulation of the Compliance and Risk Departments Strategy and Strategic Objectives Ensuring Alignment to the Corporate Strategy; Monitor the Implementation of the Strategy

2. develop and Oversee the Implementation of Policies, Procedures and Controls Covering all Areas of Compliance and Risk Division Activity Ensuring that all Relevant Procedural/regulatory Requirements are Fulfilled and also Promoting Leading Practices

3. oversee the Consolidation and Recommend the Compliance and Risk Division Budget and Monitor the Budget to Ensure Adherence

4. assist the Board and Senior Management in Monitoring and Managing the Compliance Function

5. maintain a Relationship with the Regulators and Act as Nodal Point of Contact Between the Bank and the Regulators

6. report to the Regulator On Cash and Suspicious Transactions in the Capacity of Principal Officer

7. promptly Report Instances of all Material Compliance Failures and Audit Findings of the Regulator Which May Attract a Significant Risk of Legal or Regulatory Sanctions, Financial Loss or Loss of Reputation to the Senior Management and the Board / Acb

8. participate in the Product Approval Committee Which Approves all New Products / Processes or Changes in the Existing Products/ Processes and Participate Various Inter-departmental Committees of the Bank

9. update the Regulator On the Status of Implementation of Audit Findings

10. develop, Maintain and Implement the Compliance Policy and Compliance Framework Within the Bank

11. monitor Activities of the Compliance Department, Develop and Implement Risk Mitigating Measures Including Clear Standards, Procedures and Guidelines to Prevent, Mitigate or Minimize Compliance Risks

12. provide the Staff with Sufficient Resources, Management Support and the Access Required to Prevent / Detect Compliance Issues / Breaches

13. react Promptly with Compliance Issues/ Breaches and Involve the Appropriate Staff Member Whenever a Compliance Issue is Detected/ Suspected

Experience : 14 - 20 Years

No. of Openings : 2

Education : Professional Degree, B.Com, M.Com, CA

Role : Chief Compliance Officer

Industry Type : Banking / Financial Services / Stock Broking

Gender : [ Male / Female ]

Job Country : India