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Compliance Testing Officer

YES BANK

MumbaiFull time5-10 yearsNot Disclosed

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Job Description

Position

Compliance Testing Manager

Reporting to

Lead – Compliance Testing

Objective

The incumbent would be primarily responsible for conducting Compliance reviews of Bank’s functions and new products to give reasonable assurance to the Management regarding compliance with regulatory norms.

Responsibilities

Assistance in preparation of Compliance Review plan to be put up to the Board.

Preparation and updating of Compliance review checklists in line with the regulatory guidelines/internal policies.

Undertaking field work and ensuring that the review is completed within the prescribed timelines.

Preparation of Draft Compliance Review report and discuss the same with the relevant stakeholders.

Obtain the responses from the stakeholders and preparation of Final Compliance Review Report.

Ensure proper documentation and working papers are maintained for all the compliance reviews conducted.

Preparation of Open Issue tracker for Compliance Review Reports issued.

Follow up with the management towards closure of compliance review open issues.

Essential Competencies

  • In depth knowledge of the regulatory environment for the banks in India particularly RBI.
  • Good research capabilities and intelligent interpretation of regulatory guidelines.
  • Minimum experience of 5 years in Banking Industry
  • Good knowledge of all the elements (commercial, operational) of banking areas like Remittances, Loans & Advances (Retail and Corporate), etc.
  • Good interpersonal skills.

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.

Company Size10000+
HeadquartersMumbai, Maharashtra
IndustryBanking
TypePublic Company
SpecialitiesBanking, Finance, Wealth Management, Corporate Banking, Business Banking, Retail Loans, and FinTech

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