Sr Analyst-Regulatory Compliance

Sumitomo Mitsui Banking Corporation (SMBC); Mumbai; Presencial; INR 1 200 000 - 1 800 000; Tempo integral

Resumo da oferta

Sumitomo Mitsui Banking Corporation (SMBC) India Branch in Mumbai seeks a Compliance professional to manage all regulatory compliance functions, coordinate with RBI, and ensure timely submissions.

The role includes preparing risk assessments and action plans, conducting self reviews, training staff, and maintaining compliance MIS and reports, with 4+ years of regulatory experience.

Qualificações

• Bachelor or Master in a related field.
• 4+ years of experience in compliance/related field.
• Sound knowledge of compliance applicable to foreign banks in India.
• Strong written and spoken communication skills.
• Proficient in MS Word, Excel, and PowerPoint.

Responsabilidades

• Issue Branch circulars for staff highlighting regulatory requirements, actions, and timelines.
• Track and monitor communications with regulators and ensure timely responses.
• Handle inspections by local regulatory authorities and coordinate with other departments.
• Liaise with internal stakeholders and submit bank responses within deadlines.
• Prepare Annual Compliance Risk assessment and Compliance Action Plan and submit for approvals to HO/CPDAP/CCO/CPLD/ICPG.
• Carry out Compliance Self Review and Testing per the approved plan and report findings to management.
• Conduct training (classroom/online) to educate staff on compliance issues with tests.
• Arrange In Office Compliance Committee meetings bi-monthly and discuss significant matters per HO guidelines.
• Arrange meetings (Customer Service Committee, etc.), coordinate, prepare agendas and minutes.
• Maintain MIS and periodic reports; manage approved documents for quick retrieval.
• Execute tasks assigned by department Head, corporate office, and Regulators in a timely manner.

Conhecimentos

Regulatory compliance

Stakeholder management

Communication skills

Documentation & reporting

Training delivery

Formação académica

Bachelor or Master in related field

Ferramentas

MS Word

MS Excel

PowerPoint

Descrição da oferta de emprego

Purpose of the position

1. Responsible for handling all the compliance related function of the bank

2. Receive and manage the correspondences from RBI in Mumbai office

3. Coordination with internal and external stakeholders. Arrange various committee meetings, project meetings, others etc.

Job Responsibilities

1. Issue Branch circulars for all the staff members of the India Branches highlighting the regulatory requirements, actionable, timelines etc.

2. Keep a track and strict monitoring of all correspondences with the Regulators and ensure that responses to regulatory authorities are properly submitted within the stipulated period of time.

3. Handle Inspection by Local Regulatory Authorities and coordinate with other departments for smooth completion of the inspection.

4. Liaise with various internal stakeholders and ensure to submit the bank response to local regulatory authorities within the prescribed stipulated period of time.

5. Preparation of Annual Compliance Risk assessment & Compliance Action Plan and put up the same to Management. Post approval by branch management, submit the same to HO, CPDAP, CCO, CPLD and ICPG.

6. Carry out Compliance Self Review and compliance Testing in line with the approved Compliance Risk Assessment and Action Plan and put up the report with findings to the management in a timely manner.

7. Conduct various Training (classroom training, Online training etc) to educate the branch staff on compliance issues followed with test assignments and track until completion.

8. To arrange for In Office Compliance Committee Meeting on bimonthly basis to discuss significant compliance matters in line with the HO guidelines

9. Arrange different meetings including Customer Service Committee Meeting etc. coordinate, prepare agenda and minutes.

10. Maintain various MIS and prepare periodic reports in a timely manner. Monitor and manage various approved documents for quick retrieval.

11. Execution and completion of tasks assigned by department Head, controlling office, Regulator etc. in a timely manner.

Key Competencies:

1. Should have sound knowledge of Compliances applicable on foreign banks in India.

2. Should have good oratory and written skills.

3. Should be able to keep track with the external compliance updates and implementation to take care of.

4. Strong in Microsoft Word/ Excel/ PowerPoint presentations

Education & Qualification:

Bachelor/ Masters in related field.

Working Experience:

Should have 4+ years of experience in related field