Officer, Regulatory Compliance - North York, Canada - ICICI Bank Ltd

ICICI Bank Ltd

Verified Company

North York, Canada

5 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

The Regulatory Compliance Senior Officer will be accountable for supporting; the ongoing development, implementation and maintenance of a Regulatory Compliance Management ("RCM") program based and consistent with OSFI E-13 guidelines.

As well as, other regulatory guidelines and circulars that are compliance related and similar to OSFI E-13 in nature such as Bank for International Settlement (BIS) - Basel Committee Publication No.

113:
Compliance and the Compliance Function in the Banks issued in April 2005.

Duties:

What you will do

Assist in Identifying legislative, regulatory requirements and best industry standards/practices applicable to the Bank
Assist in developing controls to mitigate Regulatory Compliance risks.
Coordinate the creation, review and implementation of compliance policies, procedures and processes
Assist in creating, reviewing and updating regulatory compliance documentation such as Monthly Compliance reports etc.
Interpret compliance requirements for various departments related to their product/services and processes
Coordinate ongoing review of policies, procedures, training materials and other communication tools to meet compliance requirements
Assist with preparations for certain compliance related activities such as Enterprisewide risk assessment, preattestation etc.
Coordinate the selfassessments, risk assessment and other related activities, as and when necessary
Assist in conducting the Compliance independent monitoring and testing for other departments, as and when required
Assist with auditreadiness and submission of external regulatory examinations requests
Assist with internal audit preparation and submissions as and when required
Interact with external/internal auditors on matters related to audits of the Bank's internal controls as and when required
Oversee and monitor all filings of regulatory returns and other documentation as appropriate
Support the development/maintenance of compliance training and communication
Track Compliance Issues including privacy breaches, regulatory issues etc. and maintain compliance records
Assist with preparing reportable complaints on a quarterly basis as required
Work closely with the CCO and other Compliance team staff
Other duties and projects as assigned