Job Description
Serves as a function/business/product compliance risk officer for Independent Compliance Risk Management (ICRM)/ Anti-Money Laundering Compliance Risk Management (ACRM) functions, responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. In addition, engages with the ICRM/ ACRM Product and Function coverage teams, in order to partner to develop and apply CRM program solutions that meet the function/business/product and customer needs in a manner consistent with the Citi program framework.
Regulatory position for CBNA IFSC Branch (GIFT City) and appointment as AML Principal Officer with details confirmed to the Financial Intelligence Unit – India as per LRR.
Primary responsibility include monitoring compliance risk behaviors and providing day-to-day Compliance advice relating to the supported function/business/product and guidance on function/business/product rules/laws and interpretation on internal policies and procedures.
Provides ICRM/ACRM advisory to and oversight over businesses carried out in the International Banking Unit in the IFSC
Responsibilities:
Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM/ ACRM
Providing guidance on rules and regulations relating to function/business/product operational issues, as well as, provide transactional approvals and interpretation of internal compliance policies.
Assisting with regulatory inquiries and/or examinations. This may include coordination with regulators and other parties.
Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported function/business/product.
Supporting the function/business/product in performing timely compliance reviews of new products.
Assisting in the development and administration of Compliance training for the supported function/business/product.
Researching any new reform rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
Regulatory position for CBNA IFSC Branch (GIFT City) and appointment as AML Principal Officer with details confirmed to the Financial Intelligence Unit – India as per LRR.
Primary responsibility include monitoring compliance risk behaviors and providing day-to-day Compliance advice relating to the supported function/business/product and guidance on function/business/product rules/laws and interpretation on internal policies and procedures.
Provides ICRM/ACRM advisory to and oversight over businesses carried out in the International Banking Unit in the IFSC
Responsibilities:
Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM/ ACRM
Providing guidance on rules and regulations relating to function/business/product operational issues, as well as, provide transactional approvals and interpretation of internal compliance policies.
Assisting with regulatory inquiries and/or examinations. This may include coordination with regulators and other parties.
Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported function/business/product.
Supporting the function/business/product in performing timely compliance reviews of new products.
Assisting in the development and administration of Compliance training for the supported function/business/product.
Researching any new reform rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
💡 Quick Summary
Seeking a career-building opportunity? The Compliance Product Officer| Vice President| Gandhinagar position is now open for candidates interested in the Bank Jobs sector. This role in Ahmedabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.