Compliance Advisor - Credit

Yes Bank Ltd.; Mumbai; On-site; INR 1,200,000 - 2,800,000; Full time

Job summary

Yes Bank Ltd. is seeking a Regulatory Compliance Manager to guide business units on RBI credit regulations and ensure adherence across wholesale and retail lending activities.

The role involves advisory support, liaison with the RBI, and reviewing product/process notes to maintain regulatory compliance. You will train teams, track circulars, and prepare compliance reports for senior management.

Qualifications

• CA/CS/CMA/LLB qualification mandatory.
• Prof. Certifications in related compliance areas preferred.
• 5–10 years of relevant experience in bank regulatory compliance.

Responsibilities

• Guidance & Advisory to business units on RBI Credit regulations and guidelines.
• Liaise with RBI for clarifications and guidance on regulatory matters.
• Review of Product and Process notes to ensure regulatory compliance.
• Communicate compliance comments to product owners after internal reviews.
• Ensure dissemination of regulatory guidelines within prescribed timelines.

Education

CA/CS/CMA/LLB

Professional Certifications

Job description

Strategic/ Managerial Responsibilities Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering Credit regulations.

Core Responsibilities:

• 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
• Product & Process Note Review
• Review of Product and Process note to ensure that product/ process notes are compliant from regulatory perspective.
• Ensures that compliance comments are communicated and discussed with the product owner post internal discussions.
• 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
• Training Devise online training module , periodic updation etc
• 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 INTERACTIONS

• Key Internal Interactions Purpose of Interaction
• Business Unit / Product Team and Central Compliance Team For Guidance and support to Business Teams / Product Team / Operation team on their queries pertaining to Credit regulations/guidelines issued by RBI.
• Key External Interactions Purpose of Interaction
• Interaction with RBI for seeking clarification / guidance

KNOWLEDGE & EXPERIENCE

• KNOWLEDGE Minimum Qualifications CA/CS/CMA/LLB
• Professional Certifications CA/CS/CMA/LLB
• Years of Experience 5-10 Years
• Nature of Experience Preferably have worked in Credit (Wholesale/ Retail) advisory in a Bank (Compliance department or Business Compliance)