Responsibilities
Strategy & Planning
- Compliance Officer has the responsibility for all compliance matters pertaining to IBU’s activities and provide strategic guidance based on the specialized regulatory framework as above explained and based on requirements by various regulators (incl. IFSCA, RBI, FEMA, FIU-IND).
- It also involves supporting internal teams in vetting of proposed asset / credit transactions, products, processes in line with internal guidelines & extant regulatory guidelines of IFSC / RBI / FEMA and other regulatory guidelines.
- Represent YBL IBU & liaise with IFSCA officials at regular intervals, attend the required regulator led meetings and make adequate representations to the authorities for various aspects related to IFSC Banking Unit.

Further, as a Principal Officer responsible for KYC-AML-CFT policy and ML/ TF compliance for IBU (as IBU has separate KYC policy than YBL India) and provide strategic guidance as required.

Policies, Processes & Procedures
- Review recent products and policies and further,



to undertake periodic review of existing product/policies and recommend/oversee implementation of changes in line with the regulatory guidelines issued from time to time. Frame /recommend/amend appropriate policies for IBU in line with the regulatory recommendations /adoption & modification of Bank policy/ies.

As required, obtaining clarification on regulatory matters from IFSCA specially towards product / policy matters.

Risk and Internal Control
- Regularly review all the regulatory requirements / updates / circulars and track their implementation with respective stakeholders and ensure compliance of same. This is required to be driven internally across various departments depending on circular requirement.
- Role further involves co-ordination with various auditors and review of audit reports & compliance of the recommendations / closures of the open audit points. This role further involves carrying out ML / TF risk assessment for the uni

📌 Compliance Officer and Principal Officer (Gandhinagar)
🏢 Yes Bank
📍 Gandhinagar