Compliance Advisory (Credit & Treasury)

Skillventory is seeking an experienced Compliance Advisory professional with a focus on Credit & Treasury for a leading bank in Mumbai. This pivotal role involves providing expert guidance on regulatory compliance, ensuring the bank's operations adhere to the highest standards set by the Reserve Bank of India (RBI). The ideal candidate will possess a deep understanding of banking regulations and a proactive approach to identifying and mitigating compliance risks.

Key Responsibilities

• Interpret and apply Reserve Bank of India (RBI) regulations, offering critical compliance advisory services to various business units.
• Act as a primary liaison with regulatory bodies to seek clarifications and manage regulatory matters effectively.
• Prepare and review all regulatory correspondence, including detailed responses to RBI observations and inquiries.
• Thoroughly examine and provide feedback on banking policies, product notes, Standard Operating Procedures (SOPs), and internal compliance controls.
• Analyze new RBI circulars and promptly communicate regulatory updates and their implications to relevant stakeholders across the organization.
• Proactively identify emerging compliance risks and spearhead the successful implementation of new regulatory requirements.
• Develop and deliver comprehensive compliance training and awareness programs to foster a culture of regulatory adherence within the bank.

Requirements

• Minimum of 7 years of progressive experience in regulatory compliance or compliance advisory within the banking sector.
• Demonstrated strong expertise in regulatory compliance, particularly with exposure to Wholesale Banking, Credit, and Treasury functions.
• In-depth knowledge of RBI regulations and guidelines is essential.
• Proven ability to interpret complex regulatory texts and apply them to business operations.
• Excellent communication and interpersonal skills for effective liaison with regulators and internal teams.
• Strong analytical skills with an ability to identify and address compliance risks.

What We Offer

• An opportunity to work with a leading bank in a challenging and rewarding compliance advisory role.
• A dynamic work environment focused on regulatory excellence and risk management.
• Professional growth and development opportunities in the financial compliance domain.