Compliance Advisory Role | Trade Foreign Exchange | Bank

Regulatory Guidance- Providing regulatory guidance on various business structures and transactions pertaining to Trade/FEMA.- Review of Product and Process Notes- Reviewing various product and process notes pertaining to Trade/FEMA from a regulatory point of view.- Interacting with the Regulators- Regularly interacting with the regulators to seek clarifications on guidelines or representing various business proposals for their approval.- Implementation of latest regulations- Ensuring that the action points from the latest regulations are shared with the concerned stakeholders and the same are implemented within regulatory prescribed deadlines or within suitable time in absence of any regulatory prescribed deadlines.Management Information System (MIS)- Ensuring that accurate MIS are prepared and circulated to the Top Management on a timely basis.- Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.- Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.- Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.- Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.- Implements the risk policies and processes (operational, regulatory, financial, informational, reputational and audit risks), ensuring that that these meet regulatory and internal requirements.- Implements the internal control systems in the department and participates in the departmental audits. (ref:iimjobs.com