AddressRole Description:
The person would be responsible for providing advisory support on regulatory requirements affecting the Investment Banking mainly on Fixed Income and Currencies market
Your key responsibilities:
- Advise and support the coverage of Investment Bank (Markets) business in India on applicable laws and regulations, including the provision of impact analyses, and the development of responses to, and implementation of, new regulations.
- Advise on the application of rules and policies to specific transactions/deals and general business activities based on an understanding of business strategies and product portfolios.
- Assess new business initiatives, new product and new transaction approvals and processes for consistency with regulatory requirements and reviewing marketing material against minimum standards.
- Ensure global and local Compliance policies and procedures are reviewed and updated on a timely basis, incorporating regulatory changes and industry best practice.
- Provide support to the Business on cross border transaction and businesses. This will require good interpersonal skills to deal with Compliance officers through Asia and the Business located in India.
- Assist in the execution of ad-hoc and key Compliance project work, and the timely resolution of regulatory or internal investigations and enquiries, communicating the results to our regulators in conjunction with Regulatory Management and Country Compliance, as necessary.
- Conduct regular compliance risk assessments, considering an array of contextual data including regulation, policies, procedures, controls, training and governance structures, escalating and assisting in the remediation of any identified gaps.
- Develop and deliver face-to-face Compliance training (over and above any global computer-based training) to the businesses as requested/required in line with regulatory requirements and annual training objectives. Training ranges from general Compliance inductions to targeted sessions on topics such as cross-border activities, conflicts of interest, and suitability and appropriateness.
- Work with the relevant Business Management to assist in the implementation of agreed remedial actions.
- Maintain a strong compliance culture within the business through regular interaction with the Business, compliance monitoring and conducting face to face compliance training.
- Support the global Compliance Monitoring Programme by providing input on the framework documents and completing verification checks as outlined the in the annual monitoring plan
Your skills and experience:
- Banking professional possessing a strategic as well as granular understanding of regulatory risk, including emerging risk issues.
- Proven ability to work collaboratively and persuasively across the organization including regionally and globally.
- Post Graduate/CA/MBA with at least 10-12 years' experience.
- Deep understanding of RBI & SEBI regulations governing Investment Banking product like derivatives, bonds and other cross-border structured product.
- Prior experience, whether in the capacity of compliance, risk, banking operations function. Compliance Department Experience preferred.
- Strong analytical, writing and communication skills.
