Compliance - Banking Backoffice EXL

About EXL

Job Description

As an Assistant Manager in Line Compliance within the Banking Backoffice, you will play a crucial role in ensuring that all operations strictly adhere to contractual and regulatory requirements pertaining to financial transactions. This includes overseeing that procedures, processes, and operations are compliant with relevant laws, internal policies, and industry best practices. Your primary responsibilities will revolve around managing risk and compliance related to Operational and Process Controls, Service Delivery, Fraud Risk Assessment, Client Contracts, and Organizational Policies and Procedures within your designated client area. You will be expected to provide essential support and guidance to operations teams during both internal and external audits. In this role, you will act as an independent reviewer and evaluator, ensuring that any compliance issues or concerns within the client area are promptly identified, thoroughly investigated, and effectively resolved. You will also be tasked with identifying potential areas of compliance vulnerability and risk, devising and implementing corrective action plans, and providing guidance on preventing or addressing similar situations in the future. Regular reporting on compliance efforts and operational progress to senior management will be a key aspect of your responsibilities. Additionally, you will be involved in educating and training employees on compliance guidelines to enhance overall compliance awareness and adherence within the organization. This position requires a Bachelor's degree in Commerce (B.com) or a Master's degree in Commerce (M.com), along with 3-5 years of relevant experience in the banking sector. The location of this role is in Gurgaon, with a flexible shift schedule and a notice period ranging from immediate to 60 days. The working mode is primarily from the office for 5 days a week.,