WBO:CCMO-Compliance & MIS-HeadINTERNAL USAGE:No. of Vacancies: Reports to:Head CCM)Is a Team leader?YTeam Size:3 Grade:Assistant Vice PresidentBusiness:Corporate CentreDepartment:�Wholesale Banking OperationsSub-Department:CCMOLocation: NPC I, Airoli, Navi MumbaiAbout Explain:
� The function of the department � The department handles operations and compliance relating to Bank as a SEBI registered Depository Participant of CDSL and NSDL.
� Importance and contribution towards the organization � All operations are centralized and handled by the Department. Department official is the designated Compliance Officer for SEBI/NSDL/CDSL.
About the Role
Why does the role exist?
To handle Compliance related to Depository Services (SEBI/NSDL/CDSL) which includes regulatory filing, regulatory correspondence, internal compliance, circular issuance, etc. Act as a Nodal Compliance Officer for the department.
What is its contribution towards the organization?
Ensure that the Bank is compliant with all SEBI/CDSL/NSDL compliance requirements and other internal compliance requirements.
What is the size of the operation the position manages and supports?�����������������������������������������������������������������������������������������
3 staff
Key Responsibilities� To act as Nodal Compliance Officer for the Depository Services department
� Ensure compliance of all regulatory / internal guidelines including regulatory periodic filing, reply to regulatory letters / circulars within the deadline time specified by the regulator.
� Handle directives received from statutory authorities
� Prepare circulars for issuance to Branches
� Handle inspection of SEBI / NSDL / CDSL, ensure compliance of observations made by the SEBI / NSDL / CDSL inspection team, draft compliance notes / letters regarding submission of inspection observation compliance to SEBI / NSDL / CDSL before the deadline time specified by them.
� Coordinate with Branches for regulatory inspections (NSDL / CDSL)
� Co-ordinate with concurrent / internal auditors for completion of audit and ensure that any adverse findings are communicated to Branches and follow-up with branches / other department sections is done for concurrent audit compliance. Incorporate Management Comments in the report.
� Prepare Agenda for Audit Committee Meetings
� Ensure prompt resolution of investor queries / grievances and maintenance of database / records as per the regulatory requirements.
� Guide other Sections of the Department on operational compliance like Account Opening Section, Account Maintenance Section, etc.
� Suggest and implement new initiatives
QualificationsOptimal qualification for success on the job is:
� Qualification - B.Com., PGDBM (Finance) (Equivalent to MBA)
� Experience � 21 years
Role Proficiencies:For successful execution of the job, a candidate should possess the following:
� Knowledge
(Knowledge of operations of CDSL and NSDL
������� Knowledge of SEBI, CDSL and NSDL compliance requirements
������� Knowledge of Depository Act, 1996, The SEBI (Depositories and Participants) Regulations, 1996, The Bye Laws and Business Rules of NSDL & CDSL, Directives / Circulars / Guidelines issued by SEBI, NSDL/CDSL from time to time
� Skills
(Valuable communication (both verbal & written) and inter-personal skills
� Good skills of liaisoning with regulators and various various statutory authorities
� Abilities
(Ability to work effectively across functions and demonstrated ability to coach and mentor others
������ 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
������ Ability to work as a part of team and contribute towards team goals
������ Ability to manage multiple tasks/projects and deadlines simultaneously
������ Ability to conceptualize and implement compliance culture with a view to ensure Bank is compliant with all SEBI/CDSL/NSDL regulations)