Analyst- Compliance

• Relationship Management with RBI: Build strong relationships with various RBI departments to understand RBI expectations of AEBC India and provide guidance to internal stakeholders
• Participate in and representing the views of AEBC India in regulatory and industry forums, councils and associations
• Leverage industry knowledge to provide guidance to AEBC India regarding its proposals, communications to be sent to the regulators
• Coordinate RBI audits / exams to ensure the exam is well managed and any regulatory findings are closed to the RBI’s satisfaction
• Regulatory Change Management: Analyze impacts of proposed regulation to AEBC based on knowledge of RBI’s regulatory expectations. Provide input to AEBC’s responses in the form of proposals or position papers
• Provide guidance to internal stakeholders on interpretation of regulations and guidelines issued by various regulators
• Provide guidance and support to business team in development of controls for new product/service projects
• Governance: Participating in governance and risk committee meetings to inform them of the Compliance Risks facing AEBC
• Provide compliance perspective on AEBCs policies and procedures
• Contribute to Compliance Assessment of quarterly and annual Control & Compliance Rating of AEBC
• Purpose of the role: Develop and maintain an effective compliance program consistent with local market's requirements
• Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market
• Promote and disseminate compliance information, encourage behaviors that integrate compliance values into business practices and continually reinforce personal responsibility for compliance to all staff
• Implement policies and procedures to achieve compliance at levels consistent with company standards
• Develop and revise local business procedures in line with relevant company policies and local requirements
• Develop compliance training program for the market and ensure training program is executed
• Critical Factors to success: Develop relevant compliance training materials and assist management in promoting staff awareness of compliance requirements, in partnership with the designated compliance champions and training department as appropriate and ensure available resources to support execution
• Review and monitor local market's blue box business activities to assess adherence to compliance standards and report deficiencies to management for corrective actions
• Maintain central repository of all legal entity line of business compliance manuals, policies, local legal inventory, and central list of all governing status, regulation, policies and other material related to respective compliance program
• Performing other duties as assigned

• Post Graduate degree from a recognized university
• CAIIB/CA/CS/LLB/LLM/Doctorate or any combination of relevant education and experience and/or related professional designations/certifications in this field are highly desirable
• 6+ years’ work experience as a subject matter expert in Regulatory Compliance within large banks or payment operators
• Experience in working with regulatory bodies will be an added advantage
• Strong knowledge of Banking Regulations Act, Credit cards, Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators
• Ability to work in a self -directed and remote environment
• Demonstrated ability to draft clear and professional correspondence and other documents of a legal, compliance and business nature
• Excellent analysis and problem-solving skills
• Demonstrated ability to appropriately work with confidential information
• Ability to articulate and convey complex, conceptual information to various audiences verbally and in writing
• Proven ability to employ tact and to appropriately adjust communications when interacting with individuals at varying levels
• Experience in communicating with regulators and law enforcement agencies
• Must be a self -starter and be able to act independently
• Demonstrated ability to handle multiple priorities in a dynamic environment
• Demonstrated ability to prepare reports / updates for the senior management

Experience in working with regulatory bodies will be an added advantage

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities