About Compliance The Compliance department assists the Board and Top Management in managing the compliance risk, that is, the risk of legal or regulatory sanctions, financial loss or reputational loss that the Bank may suffer as a result of its failure to comply with the applicable laws, regulations or code of conduct applicable to banking activities. It ensures strict observance of all statutory provisions in various legislations such as Banking Regulation Act,

Foreign Exchange Management Act, Prevention of Money Laundering Act, Reserve Bank of India Act, etc. as well as the regulatory guidelines issued from time to time, the standards and codes prescribed by BCSBI, FEDAI,

FIMMDA, etc. and also the Bank’s internal policies and fair practice code

About the Role

Dissemination of regulatory guidelines, clear instructions to departments with respect to timely action to be taken , vetting of policies of Bank from the regulatory perspective, understand an end to end scope of products /

processes proposed by departments through PMC / CMC and giving compliance related inputs, preparing and placing notes to Audit Committee of the Board / Board on new regulations, etc.

Key Responsibilities

Assisting the Head - BUCG-Control Function in the following :

· Dissemination of regulatory guidelines, clear instructions to departments with respect to timely action to be taken ,



understanding and confirming to the designs / controls proposed by departments for implementation of regulation.

· Vetting of policies of Bank from the regulatory perspective.

· Understand an end to end scope of products / processes proposed by departments through PMC / CMC and giving compliance related inputs,

· Conducting compliance risk assessment of the relevant units, managing the entire compliance related activities pertaining to the units.

· Preparing and placing notes to Audit Committee of the Board / Board on recent regulations, its impact,

status of non-compliance issues, and performance of the units in terms of compliance risk.

Qualifications

Optimal qualification for success on the job is:

· Graduate / Post Graduate with relevant experience of 6+ years

· Should have working / handled corporate credit related areas.

Role Proficiencies

For successful execution of the job, a candidate should possess the following:

· Good communication (both verbal & written) and inter-personal skills

· Strong Excel and database manipulation skills, financial and statistical analysis skills)

· 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

Refer to the

📌 Compliance:CFCG- Control Function Team (Mumbai)
🏢 Axis Bank
📍 Mumbai