Compliance Manager
4 days ago
As a Compliance Manager at IDFC First Bank, you will be responsible for ensuring the bank's operations comply with regulatory requirements and industry best practices. The ideal candidate will have a strong background in regulatory compliance and excellent leadership skills.
Job Purpose:
This role involves developing and implementing compliance strategies to mitigate risks, managing the Regulatory Relationship team, and collaborating with regulators to obtain necessary approvals and clarifications.
Key Responsibilities:
- Develop and implement compliance strategies to mitigate risks.
- Manage the Regulatory Relationship team, comprising Compliance Manager and Associate Compliance.
- Collaborate with regulators to obtain necessary approvals and clarifications.
- Ensure timely submission of regulatory returns using a tracker.
- Prepare reports on Regulatory Compliance for senior management, including updates on important circulars, correspondences, inspections, regulatory interactions, penalties, breaches, etc.
- Review and update Compliance Policy and Regulatory Compliance SOPs.
- Coordinate regulatory inspections/scrutiny processes.
Requirements:
- MBA or Graduation in a related field.
- Professional Qualification/Certification (Any Professional Degree).
- 10-18 years of experience in Regulatory Compliance/Compliance function.
Estimated Salary: ₹25 Lakhs - ₹40 Lakhs per annum.
IDFC First Bank offers a competitive salary package, benefits, and opportunities for growth and development.
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