Compliance Operations Specialist

4 weeks ago


Mumbai, Maharashtra, India Axis Bank Full time
Compliance Operations Team Job Description

The Compliance Operations Team plays a vital role in ensuring that Axis Bank adheres to all regulatory requirements and processes operational requirements efficiently. The team is responsible for disseminating regulatory guidelines, providing clear instructions to departments, and ensuring timely action is taken.

Key Responsibilities:
  • Disseminate regulatory guidelines and provide clear instructions to departments.
  • Follow up and ensure implementation of agreed actions.
  • Understand the end-to-end scope of products/processes proposed by departments and provide compliance-related inputs.
  • Conduct compliance risk assessments of relevant units.
  • Prepare notes for various committees/top management within the Bank.
  • Analyze new regulations and their impact, and follow up for compliance.
  • Maintain a complete repository of all relevant items of breaches and create a breach universe.
Qualifications:

The ideal candidate should possess:

  • An MBA from a recognized institute.
  • A law background is preferable.
  • Preference will be given to those having completed CAIIB or other professional banking courses.
  • Reasonable exposure to branch banking and experience in Compliance Operations.
Role Proficiencies:

The candidate should possess the following skills:

  • Good communication (both verbal and written) and interpersonal skills.
  • Strong Excel and database manipulation skills, financial and statistical analysis skills.
  • Ability to work on large databases in Excel, analyze data, and prepare reports for senior management.
  • Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment.
  • Ability to prioritize and make decisions in a fast-paced environment.


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