Compliance Analyst

The incumbent's responsibilities include managing day to day Compliance related activities including regulatory stakeholder management, open issue management, preparing deliverables for governance meetings and regulators, Compliance Testing etc. You'll have a strong desire to co-ordinate and partner with the Business and help to drive a focus on compliance.

What you will be doing

• Coordination with respective Business Units during Regulatory Inspections, Audits, examinations etc. for obtaining and sharing data requirements.
• · Assist in interpreting and providing regulatory advice and oversight on compliance matters to Business Units
• Stay current on regulatory environment and expectations. Assist in identifying requirements from various regulatory directions and disseminating the same to the concerned Business Unit for awareness and implementation.
• Assisting in handling periodic and ad-hoc queries and data requests from the regulator through continuous co-ordination and follow-up with Business Units. Carrying out sanity checks of the data before sharing the same with the regulator.
• Support in performing Compliance Testing of Business Units to check adherence to regulatory guidelines. This will include defining scope, conducting walkthrough, obtaining data, sample testing, highlighting gaps and drafting observations for the report.
• Collaborate with Risk, Legal and other key groups to assess risk and recommend mitigating controls for new products and processes
• Support in creating a healthy compliance culture through the organisation through an effective Compliance Training
• Obtaining in-depth understanding of business line, operating processes & products and services.
• Develop and manage strong working relationships with Business Units

Department: Legal & Compliance
Function: Information Technology
Experience Level: Not Applicable