Compliance Manager-Regulatory Relationship

IDFC FIRST Bank; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

IDFC FIRST Bank in Mumbai is seeking a Manager, Compliance (Band F) to support the Senior Compliance Manager in ensuring regulatory compliance and ethics across processes. You will drive checklists, manuals, and RBI submissions, while coordinating with various departments to review policies and inspections.

Ideal candidates have 1–5+ years in Compliance or related functions, with a strong grasp of regulatory changes and the ability to work with cross-functional teams.

Qualifications

• Graduate or Post Graduate in any field.
• 1-5+ years in Compliance, Audit, Risk or related functions.

Responsibilities

• Support Senior Manager Compliance for checklists, manuals and regulatory documentation.
• Coordinate with department leads to review RBI submissions and compliance policies.
• Collaborate with internal stakeholders to leverage in-house synergies.
• Stay updated on regulatory developments and best practices in compliance controls.
• Foster collaborative learning and ownership of responsibilities.
• Ensure timely submission of regulatory returns including DAKSH submissions.
• Provide inputs for MIS for Senior Management.
• Back-up for other team activities as required.

Skills

Regulatory compliance

Stakeholder coordination

Education

Graduate or Post Graduate

Job description

Job Title – Manager, Compliance (Band F)

Place of work: Mumbai

Function: Compliance

Job Purpose

The role entails the responsibility to support Senior Compliance Senior Manager in ensuring bank's submissions, to ensure policies and procedures comply with regulatory and ethical standards. It also includes evaluating all current and new compliance regulations, reviewing bank's processes.

Roles & Responsibilities

• Support Senior Manager Compliance for checklists, manuals and other regulatory documentation.
• Coordinate with different department leads to review RBI Inspection related submissions, departmental compliance policies and Inspection related submissions.
• Leverage in-house synergies through collaboration with internal stakeholders.
• Keep abreast of regulatory developments within or outside of the bank as well as evolving best practices in compliance controls.
• Create an environment that promotes collaborative learning and collective ownership of responsibilities
• Timely submission of assigned Regulatory Returns including DAKSH related submissions.
• Provide necessary inputs for MIS for the Senior Management
• Support in the other activities of the team as a back-up as and when required.

Managerial & Leadership Responsibilities

• Attract and retain best-in-class talent for key roles in their reporting structure

Educational Qualifications

• Graduate or Post Graduate - Any

Experience

• Minimum of 1 - 5+ years preferably in Compliance, Audit, Risk or other Support functions.