SR VP Retail Lending

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Key Responsibilities:

Regulatory adherence / monitoring implementation: ï‚· Responsible for discharge of compliance function with respect to the issues pertaining to the assigned business & support units ï‚· Comprehensive Assessment incl. impact analysis of applicable regulatory guidelines and advising senior management about the compliance risk ï‚· Supervising the dissemination of actions emerging from the changes in applicable regulatory guidelines or new regulatory guidelines, and, Partnering with business in
Being trusted & learned advisor â€“ Partnering with business units on processes / controls from compliance standpoint to ensure continued adherence to applicable regulatory guidelines and working with them for solutions to mitigate the compliance issues ï‚· Engaging with regulatory authorities to facilitate discussions and/or seek specific guidance on critical matters incl. interpretation of regulatory guidelines and/or to seek regulatory approvals as needed
Approving post comprehensive review of new products / changes in product features, as part of PMC/CMC, to be in alignment with the regulatory guidelines ï‚· Approving post comprehensive review of policies / internal guidelines or internal circulars from compliance perspective, and Challenge constructively & provide guidance to business and/or product teams
Driving Compliance Culture & Conduct through various measures incl. through assistance in development and administration of compliance training to business & support units ï‚· Partnering with Business in compliance of supervisory observations (RAR / RMP) in both letter and spirit, in timebound and sustainable manner
Assisting RBI Compliance team and business teams with regulatory enquiries / examinations
Driving an effective compliance risk management program through formulation of policies, review of relevant MIS and timely escalation of issues ï‚· Supervising the identification of non-compliance / regulatory breaches through various sources like RBI Inspection, Internal Audit, Operational Risk Reports, Compliance Testing etc., and partnering with business in carrying out root cause analysis and on remedial action plan
Supervising the annual compliance risk assessment and driving the mitigation of compliance risk ï‚· Leading meetings with the business unit heads to discuss compliance matters / open issues
Leading the periodic testing or review of regulationsâ€™ compliance / processes / controls ï‚· Be a learned leader in supporting compliance testing team and RBS compliance team for driving compliance agenda

Role Proficiencies:

Chartered Accountant, Company Secretary, MBA / Postgraduate with banking background with job experience of 13-16 years, particularly in credit risk / credit compliance / credit underwriting roles across retail and/or corporate banking
Advanced level understanding on credit compliance / credit risk management / credit underwriting / credit monitoring, with advanced level understanding on regulatory matters related to retail and/or corporate lending
Strong analytical skills and having eye for detail, with efficient and quick decision making ï‚· Excellent written and verbal communication skill
Excellent inter-personal skills to work collaboratively with people across all levels of organisation ï‚· Excellent project management and organizational skills and capability to handle multiple tasks simultaneously
Leadership, Talent development and People Management ï‚· Networking with the Industry players and adopt best practices and understanding.

Experience:
13 - 18 Years
Salary:
60 LPA - 70 LPA
Diversity Candidate:
No
Location:
Worli
Address:
..
Primary Skills:
credit compliance , credit risk management ,credit underwriting , credit monitoring, Compliance ,
Secondary Skills:
Communication Skills , Presentation skills
Industry:
Banking/Mortgage
Job Type:
Full time
Degree:
Graduate, CA , MBA