International Banking:overseas - Gandhinagar, India - Axis Bank

Axis Bank

Verified Company

Gandhinagar, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About

GIFT City IFSC Banking Unit is an offshore branch of the Bank, located in GIFT IFSC, Gandhinagar and offers FCY products and services to Non Resident Corporates and Individuals.

Product offerings to Resident Corporates and Individuals are as per FEMA guidelines. The IBU is regulated by IFSC Authority, the unified regulator for GIFT City IFSC.

About the Role

The role of CARO at GIFT City IBU is a "Designated Position" and to be held by an "Approved Individual" at all times, as per IFSCA regulations.

As CARO of the IBU, you need to perform your duties objectively and independently of operational and business functions. You shall have ultimate responsibility for all compliance and risk matters pertaining to IBU's activities.

Key Responsibilities

Implementing Regulatory
IFSCA/RBI/FEMA guidelines and Internal policies

Risk Based Supervision

Coordinating off site and Onsite Review by IFSCA and other auditors
Formulation and Periodic review of Policies / Mandated reviews & PMC / CMC Notes, Internal Circulars
Establishing Compliance Monitoring Plan and review of the same
Assisting Walk through and Control testing, Outsourcing review every half year
Operational Risk Identification and Assessment; submission of Key Risk Indicator values and review

Qualifications:

Any Masters Degree with overall experience of 10+ years out of which a minimum experience of 4 years in Compliance/ Risk, preferably related to International business
Relevant Compliance and Risk related certifications such as GRC etc. This would help in passing Fit & Proper evaluation by IFSCA, which is a mandatory assessment for "Approved Individuals"

Role Proficiencies:

Positive and collaborative attitude with good communication skills
Thorough with RBI & FEMA regulations & internal compliance and risk policies, preferably international business
Ability to understand evolving regulatory landscape and formulate / review policies
Proactive in learning & self development.

About Axis

Incorporated in 1994, Axis Bank is one of India's most trusted banks & the third largest in the private sector.

At Axis Bank, customer centricity has always been the foundation of our business.

Our efforts to address the requirements of a diverse customer cross-section are powered by robust infrastructure, advanced technology, a comprehensive monitoring & control framework & a large talent pool.

The Bank has a young & engaged workforce of over 70,000 employees, with an average age of 30 years.

We are an equal opportunity employer & believe in empowering our employees by offering rich roles, learning opportunities & flexibility to chart their career, their way.