
Compliance Advisory
4 weeks ago
ROLE SUMMARY
The role holder will be responsible for handling Regulatory Compliance in respect of third-party products (insurance, mutual fund etc.) distribution business of the Bank.
KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic/ Managerial Responsibilities Handling Regulatory Compliance for the Bank covering various regulations of SEBI, IRDA, AMFI etc.
Core Responsibilities
- Handling Compliance with above mentioned regulations pertaining to Mutual Fund & Insurance Distribution Business of the Bank.
- Circulating action points arising out of regulatory circulars/notifications/communications and pro-active follow up with the stakeholders ensuring timely implementation of the same.
- Reviewing existing and new processes and handling correspondences with the regulators on Compliance related matters.
- Handling Onsite Regulatory Inspections of SEBI, IRDA
- Providing clarifications on queries raised by stakeholders within the Bank and from Group entities on Compliance related matters.
- Drafting and vetting of various submissions to be made to the ACB/Board.
- Submission of various regulatory reports from time to time.
- People Management or Self-Management Responsibilities Need to interaction with various regulatory authorities viz. SEBI, IRDA.
- Need to interact with the middle management and senior management of the Bank.
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