State Bank of India invites online applications from qualified and experienced candidate for the post of Senior Executive (Compliance) on contractual basis at its Corporate Centre, Mumbai. Candidates meeting the eligibility may apply online between 08th October 2014 to 22nd October 2014.
Important DatesOnline Registration: 08th October 2014 to 22nd October 2014
Last Date: 05th November 2014
Job Description
The Senior Executive (Compliance) will be responsible for achieving the Compliance Function targets of the Bank and setting up compliance protocol & process / methodology of compliance assessment, reviews etc.
• He shall assist with managing all aspects of Regulatory compliance need of the Bank. To play the role of a high level expert in performing banking compliance functions and compliance audit.
• Sr Executive will develop appropriate technical requirements of Regulatory Laws, strategies & interpret data.
The Senior Executive (Compliance) will be responsible for achieving the Compliance Function targets of the Bank and setting up compliance protocol & process / methodology of compliance assessment, reviews etc.
• He shall assist with managing all aspects of Regulatory compliance need of the Bank. To play the role of a high level expert in performing banking compliance functions and compliance audit.
• Sr Executive will develop appropriate technical requirements of Regulatory Laws, strategies & interpret data.
• He / She will help in identification & prioritization of compliance issues and also development and implementation of compliance plans.
• Assess compliance risk reviews and provide guidance for risk assessment in various business areas and evaluate effectiveness of internal control system.
• Provide guidance and assist with the oversight in maintenance of responsible banking compliance – policies, procedures, processes, checklists, controls and inputs for training programmes. This would include review of new / modifications of products and processes.
• Assist in responding to inquiries and investigation by Regulatory agencies in general and with specific reference to – Regulatory risk assessments, KYC/AML/CFTreviews, Management and Corporate governance reviews.
• Maintain liaison with the concerned Regulator on behalf of the Bank.
• Train personnel to ensure that they understand their responsibilities in complying with regulations.
Type of Job: Contractual
Age Criteria: Minimum 40 years and Maximum 55 years
Educational Qualification: Chartered Accountant (CA) / Post Graduate Diploma in Company Secretary (CS) / Post Graduate in any other discipline from a recognized university or a reputed institute.
Experience: Candidate must have minimum 15 years experience in the Banking Sector with in-depth exposure to Compliance Functions in Banking Sector.
Age Criteria: Minimum 40 years and Maximum 55 years
Educational Qualification: Chartered Accountant (CA) / Post Graduate Diploma in Company Secretary (CS) / Post Graduate in any other discipline from a recognized university or a reputed institute.
Experience: Candidate must have minimum 15 years experience in the Banking Sector with in-depth exposure to Compliance Functions in Banking Sector.
Job Responsibilities
– Responsible for identification, management, monitoring and reporting of all aspects of Regulatory compliance need of the Bank and implementation of Automated Compliance Management Solutions (ACMS).
– Maintaining liaison with the Regulators on behalf of the Bank.
– Remuneration Total compensation package (CTC) shall be about 25.00 lacs per annum but will not be a limiting factor for suitable candidate.
– Period of Contract The term of office of the holder of the post shall be for 3 years initially, extendable at the discretion of the Bank.
– The contract can be terminated at 3 months notice on either side on payment / surrender of three months emoluments in lieu thereof.
– Outstation official duties Travelling expenses / Halting allowance and eligibility for stay in hotel while on official duty, outside the Head Quarters, will be as applicable to the Deputy General Manager of the Bank.
– Responsible for identification, management, monitoring and reporting of all aspects of Regulatory compliance need of the Bank and implementation of Automated Compliance Management Solutions (ACMS).
– Maintaining liaison with the Regulators on behalf of the Bank.
– Remuneration Total compensation package (CTC) shall be about 25.00 lacs per annum but will not be a limiting factor for suitable candidate.
– Period of Contract The term of office of the holder of the post shall be for 3 years initially, extendable at the discretion of the Bank.
– The contract can be terminated at 3 months notice on either side on payment / surrender of three months emoluments in lieu thereof.
– Outstation official duties Travelling expenses / Halting allowance and eligibility for stay in hotel while on official duty, outside the Head Quarters, will be as applicable to the Deputy General Manager of the Bank.
Selection Procedure
i) Selection will be based on Short Listing and Personal Interview depending on their qualification and experience.
i) Selection will be based on Short Listing and Personal Interview depending on their qualification and experience.
How to Apply
1) Candidates to visit State Bank of India website and open appropriate Online Application Format, available in the ‘Careers with Us’ section.
2) After completing the registration, candidate should take print out of the online application form & fee payment receipt and keep it for future purpose.
1) Candidates to visit State Bank of India website and open appropriate Online Application Format, available in the ‘Careers with Us’ section.
2) After completing the registration, candidate should take print out of the online application form & fee payment receipt and keep it for future purpose.
Please Note -
Complete advt of SBIndia Recruitment 2014 – Sr Executive Compliance can be downloaded in pdf format.
PDF Format
All required information & details are available and we request candidates to read it thoroughly before applying.
Apply Online
Complete advt of SBIndia Recruitment 2014 – Sr Executive Compliance can be downloaded in pdf format.
PDF Format
All required information & details are available and we request candidates to read it thoroughly before applying.
Apply Online
