Business Unit Compliance Officer WB
YES BANK
We do not know your resume yet
Upload your resume to unlock your actual match score and identify important JD keywords before applying.
Recruiters may search these ATS Keywords in your resume
Keywords
Job Description
Importance of WB BUCO role
- Strengthens Compliance Culture - Reinforces the Bank’s “Zero Tolerance” to compliance and operational risks.
- Mitigates Risks - Helps identify assess and address compliance risks proactively.
- Ensures Business Stability - Protects the Bank from legal, financial and reputational harm.
- Effective management of Operational risk - Enhances monitoring and accountability within each unit in Wholesale Banking by proactive identification, assessment and mitigation of risks arising from internal and external events.
- Ideal candidate should possess sound Business acumen and Business understanding of All client segments and product units within Wholesale Banking domain (Large & Mid-Corporates, Financial Institutions, Government Institutions, and Multinational Corporates, Transaction Banking, Project Finance, and Loan Syndication) and must have a flair for governance and control.
- Be a one point contact to provide on ground support to business/ product/operations teams on their queries pertaining to RBI regulations.
- Works as a bridge between Business and Central compliance team for effective implementation of regulatory guidelines.
- Ensure timely submission of Business data sought for regulatory compliances.
- Review of the response to regulatory correspondence and ensure timely submission of responses.
- Ensure timely closure of pending open issues and verification of evidences to ensure that the open points are closed adequately.
- Ensure timely submission of product and process notes for approval of Product and Process Approval Committee.
- Ensure timely reporting and booking of losses due to operational risk events.
- Ensure timely reporting of frauds/notices from Law Enforcement Agencies.
- Conduct Root Cause Analysis (RCA) and implementation of risk mitigation measures for High and Significant operational risk events.
- Ensure timely review and comprehensive submission of Business Continuity Plan and conducting Business Continuity testing as per the scheduled plans.
About The Company
YES BANK
YES BANK is a leading Indian private sector bank committed to transforming the financial landscape of India. With over 1200 branches nationwide and a dedicated team of YES BANKers, we strive to deliver exceptional banking solutions and empower individuals, businesses and communities to thrive. At YES BANK, we believe in the power of innovation and transparency. Operating in Retail, MSME and Corporate banking sectors, we are a full service bank and offer an extensive range of financial services. We leverage cutting-edge technology & industry insights to meet the evolving needs of our diverse clientele. One in three UPI transactions in the country are processed by YES BANK. Driven by our core values, we aim to build long lasting relationships with our customers and stakeholders. Our robust risk management framework ensures the safety and security of your finances, while our unwavering commitment to sustainability drives us to create a positive impact on society and the environment. We recognize the potential within each person and strive to unlock it through opportunities for growth, learning and innovation. Joining our ranks means joining a vibrant ecosystem of individuals who are passionate about making an impact and shaping the future of banking. Together, let’s create a future where your dreams can flourish and make a lasting impact. Note: YES BANK will NEVER ask you to reveal your User ID or Password. Therefore, never disclose your credentials (User ID, Password, OTP, PIN etc.) to anyone either through mail or over phone. If you receive any mail asking you to update or authenticate your User ID or Password, please DO NOT fall into the trap of putting in your Password or OTP or PIN.
How to Apply Better for This Job
This section explains the correct next step without forcing sign-in immediately.
Check ATS score before applying
Scan your resume for ATS readability, formatting issues, missing sections, weak keywords, and content gaps.
Customize your resume for this JD
Match your resume with the job description and add banking , reporting , compliance , governance , mitigation , keywords where they fit naturally.
Find similar jobs too
Do not depend on one opening. Use your resume to find similar frontend jobs across relevant job platforms.
Ready with your customized resume?
Once your resume includes the right skills and is ATS-friendly, you can apply directly on the source platform.
Market Insights:Best Business Intelligence Jobs in India
Find the latest Business Intelligence jobs across top Indian cities. Compare job counts by location and apply where hiring demand is higher.