Compliance Manager

The key responsibilities of the Compliance Manager are:

AML Compliance Function

Primary responsibility of the AML related frameworks of the Branch

Authorisation to accord requisite and relevant approvals for customer on-boarding, ongoing due diligence and transaction level approvals as material risk personnel (MRP) by delegation, as required

Performance of Compliance reviews and testing on various AML/ CFT activities

Reviewing of Policy, Manual, Product And Process notes relevant to AML/ CFT

Follow-up with business and/or operations group on outstanding Audit/Compliance testing issues

Involve the AML relevant systems UAT, enhancements and annual review

Prepare EWRA exercise and methodology review

Oversight on compliance related outsourced activities to Head Office, Compliance team

Conduct periodic AML/ CFT training within Branch

Regulatory Compliance (Non AML)

Conduct gap and impact analysis and assistance to implementation of new regulations and regulatory requirements

Submission of the above review to head office and for internal update is to be done in a timely manner

Handle follow up on the implementation of recommendations by various departments from Regulatory Inspection or reviews, Statutory audits, Independent Audit, Internal Audit

Review of credit proposals from compliance perspective for all new and existing credit relationship of corporate banking Group

Pre-trade clearance and submission of statement under the Personal Account Dealing framework of the Bank and carrying out periodic compliance review and testing. Review of Personal Account Dealing framework from time to time.

Performance of compliance reviews and testing on various activities as per approved testing plan in BA, SFA and FAA

Performing branch-wide Compliance Risk assessment

Reviewing of Policy, Manual, Product and Process notes from regulatory compliance respective.

Communication with the regulator under the delegation as MRP

To undertake projects and assignments from time to time as directed by the HOD (e.g. CRAFT yearly audit, Independent audit, external audit, supervisory visits.)

Organize and conduct periodic compliance trainings (e.g. fair dealing with customers, personal account dealing, SFA/FAA, individual accountability etc.)

Regulatory/ Internal Audits & Inspections

Handling regulatory and internal audits and on-site inspections, including but not limited to RBI, MAS.

Ensuring timely and accurate reporting of required information during the audits

Liaising with different departments within the Branch to ensure smooth progress during the audits

Reporting

Preparing reports (e.g.: monthly compliance report, Singapore Compliance and Audit Committee report/presentation and quarterly compliance certification) for onward submission to HO.

Preparation and submission regular regulatory reports/survey under compliance team to the regulators

Data Protection

Primary/ back-up responsibility of Data Protection Officer of the Branch

Contribution to the development and implementation of data protection policies and procedures in compliance with the applicable laws and regulations to keep them updated.

To advise business groups and other support/control groups for compliance of the data protection policy and conduct required trainings

Identification and mitigation of data protection risks in relation to technology, outsourcing, marketing programmes.

Be the nominated data protection officer of the Bank, coordination with the governmental and regulatory authorities in relation to the activities under the data protection laws and regulations as well as handling and leading on the resolution of complaints from the public and staff in relation to the data protection.

Provide data protection training within the Branch

Others

Leading a team of Compliance Managers, if required

Driving automation and other projects, as required

Acting as a bridge between Head Office and Singapore Branch for seamless collaboration

Any other relevant task or responsibility as assigned by the Reporting Manager

Job Requirements

Strong understanding and acumen of banking with 10+ years of relevant banking compliance experience in one or more of the above mentioned areas

Strong understanding of banking regulations (RBI and MAS) and guidelines

Prior experience handling regulatory submissions, audits and on-site inspections

ICICI Bank is a leading Private Sector Bank in India. The Bank’s Standalone Total Assets stood at INR 15,842.07 Billion as on March 31, 2023. ICICI Bank has a network of 5,900 Business Centres (Branches) and 16,650 ATMs across India, as on March 31, 2023.

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

The Bank currently has subsidiaries in the United Kingdom and Canada, branches in the United States of America, Singapore, Bahrain, Hong Kong, China and Dubai International Finance Centre and representative offices in United Arab Emirates, Nepal, Bangladesh, Sri Lanka, Malaysia and Indonesia. Our UK subsidiary has established a branch in Germany.

ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).