Credit Compliance - Senior Manager / DVP / VP

Job Description

Job Title: Credit Compliance - Senior Manager / DVP / VP

Industry: Banking (Leading Private Bank)

Location: Mumbai

Job Description:

We are hiring for a leadership role in Credit Compliance for a Leading Private Sector Bank. The role involves ensuring adherence to RBI regulations, internal policies, and maintaining a robust compliance framework across lending businesses.

Key Responsibilities:

• Review and examine credit proposals presented to the Credit Committee and highlight regulatory gaps or discrepancies
• Evaluate credit policies, procedures, and internal notes to ensure alignment with regulatory requirements
• Lead and manage a team supporting Business Groups in maintaining an effective compliance and control framework
• Provide advisory support on lending and credit-related matters from a compliance perspective
• Guide credit monitoring teams on EWS parameters, CRILC reporting, LDS, and regulatory submissions
• Support Fraud Monitoring Group on fraud reporting and RFA-related matters
• Stay updated with latest RBI regulations and ensure timely implementation
• Coordinate with stakeholders for RBI audits and provide required data/information
• Address observations from RBI inspection reports and identify root causes of non-compliance
• Liaise with regulators for clarifications when required
• Collaborate with Risk and Internal Audit teams on regulatory matters
• Conduct testing and monitoring of high-risk credit areas to ensure compliance
• Drive implementation of new RBI circulars related tolending and credit

Eligibility Criteria:

• Qualification: CA / MBA
• Experience: Relevant experience in Credit Compliance / Risk / Regulatory functions in Banking
• Strong understanding of RBI regulations and banking compliance frameworks
• Leadership experience preferred

How to Apply:

Interested candidates can share their CV at: esha@thepremierconsultants.com

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