Compliance Officer Advisory

YES BANK; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A prominent banking institution in Mumbai is looking for a Compliance Advisor with 5-10 years of post-qualification experience. The role involves guiding business units on Credit regulations, liaising with the RBI for clarifications, and ensuring compliance through product reviews and training modules. Candidates should hold a CA/CS/CMA/LLB and demonstrate excellent communication skills as well as an understanding of regulatory frameworks in both Wholesale and Retail sectors.

Qualifications

• 5-10 years of post-qualification experience in compliance.
• Professional certifications in CA/CS/CMA/LLB are required.
• Experience in Credit (Wholesale/Retail) compliance is preferable.

Responsibilities

• Guide business units on regulatory compliance for transactions.
• Provide guidance on queries related to Credit regulations.
• Liaise with RBI to seek clarifications.
• Review Product and Process notes for compliance.
• Ensure timely dissemination of regulatory guidelines.

Skills

Communication skills

Understanding of Credit regulations

Education

CA/CS/CMA/LLB

Job description

Role holder should have 5-10 years of post‑qualification experience with very good communication skills, hands on with Credit regulations (Wholesale/ Retail) and compliances thereunder.

SECTION III: KEY RESPONSIBILITIES/ACCOUNTABILITIES

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 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.

SECTION IV: KEY INTERACTIONS

Key Internal Interactions

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

Interaction with RBI for seeking clarification / guidance.

SECTION V: KNOWLEDGE & EXPERIENCE

KNOWLEDGE Minimum Qualifications

CA/CS/CMA/LLB

Professional Certifications CA/CS/CMA/LLB

Language Skills English

Experience

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)