Compliance Advisor - Trade/ FEMA

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

Job summary

Yes Bank Ltd. is seeking a Compliance professional with 5+ years of post-qualification experience to advise on Retail FEMA transactions, LRS, NRE/NRO, and related RBI regulations in Mumbai. You will review product notes, monitor regulatory compliance, and train stakeholders.

Strong knowledge of AML, OFAC and international payments, plus experience in regulatory liaison and CMS tooling, will help drive risk controls and client relationship management within the bank's compliance framework.

Qualifications

• 5+ years post qualification experience in Compliance function.
• Certifications such as CDCS, CTFP etc. will be of added advantage.
• Strong knowledge of FEMA/Trade regulations and AML controls.

Responsibilities

• Advisory on Retail FEMA transactions including remittances and LRS.
• Liaison with RBI for regulatory matters and circular implementations.
• Critically review product/process notes from Compliance perspective.
• Develop training content and impart training to stakeholder units.
• Monitor compliance with trade-related regulatory requirements and KPIs.
• Build and maintain strong relationships with clients and stakeholders.
• Ensure timely dissemination of circulars and actions within defined TAT via CMS tool.

Skills

Regulatory compliance

AML

OFAC

International payments

Risk management

Liaison with regulators

Training & capacity building

Tools

CMS tool

Job description

Role & responsibilities:

• Advisory on Retail FEMA transactions Retail Trade Remittances, Current Account remittances (Individuals)/ LRS, Non-Resident Accounts (NRE/NRO/ FCNR (B) and Investments, Trade Credit
• Loans, Card Products
• Liasoning with Regulator (RBI) for the above-said matters.
• Circular Implementation
• Critically review various Product/ Process Notes from Compliance perspective and offer constructive comments.
• Broad understanding of AML, OFAC and International Payments and settlement Process.
• Developing training content and imparting training to stakeholder units
• Understanding of FEMA/Tade regulations
• Product and Process Knowledge in the Domain
• Monitor compliance with trade-related regulatory requirements, policies, and procedures.
• Track and evaluate compliance performance through key risk and performance indicators.
• Build and maintain strong, long-term relationships with clients and stakeholders.
• Understand customer needs and deliver appropriate solutions and services.
• Build and maintain strong relationships with existing and prospective customers.
• Enhance customer satisfaction, loyalty, and retention.
• Identify, assess, and monitor key business risks.
• Evaluate the design and effectiveness of internal controls.
• Ensure timely dissemination of circulars and action points within defined TAT as per the Compliance Operational Manual through CMS tool.
• Advisory on Retail FEMA transactions Retail Trade Remittances, Current Account remittances (Individuals)/ LRS, Non-Resident Accounts (NRE/NRO/ FCNR (B) and Investments, Trade Credit
• Loans, Card Products
• Liasoning with Regulator (RBI) for the above-said matters.
• Circular Implementation
• Critically review various Product/ Process Notes from Compliance perspective and offer constructive comments.
• Broad understanding of AML, OFAC and International Payments and settlement Process.
• Developing training content and imparting training to stakeholder units
• Understanding of FEMA/Tade regulations
• Product and Process Knowledge in the Domain
• Monitor compliance with trade-related regulatory requirements, policies, and procedures.
• Track and evaluate compliance performance through key risk and performance indicators.
• Build and maintain strong, long-term relationships with clients and stakeholders.
• Understand customer needs and deliver appropriate solutions and services.
• Build and maintain strong relationships with existing and prospective customers.
• Enhance customer satisfaction, loyalty, and retention.
• Identify, assess, and monitor key business risks.
• Evaluate the design and effectiveness of internal controls.
• Ensure timely dissemination of circulars and action points within defined TAT as per the Compliance Operational Manual through CMS tool.

Preferred candidate profile:

Essential:5+ years post qualification experience in Compliance function

Preferred: 7-8 years experience in compliance in Indian Bank , Certifications such as CDCS, CTFP etc. will be of added advantage