Oct 2020 – Mar 2022 · 1 yr 5 mos · Mumbai, Maharashtra, India

• Head of Compliance for Citicorp Finance India Limited which is Citi Group's NBFC in India. Additional responsibility to provide oversight to KYC/AML function as well.

Oct 2017 – Oct 2020 · 3 yrs · Mumbai Area, India

• Lead Conduct, Regulatory Compliance and FCC related initiatives for SCILL which is Non Banking Finance Company (NBFC) of Standard Chartered Group.

May 2016 – Oct 2017 · 1 yr 5 mos · Mumbai Metropolitan Region

• Payments Bank Project Team (Vertical Head, Regulatory Compliance & AML)
• Effective and timely engagement with RBI: Clarifications, approval requests, reporting
• Successful onsite inspections/offsite data or information requests, other queries by RBI;Effective implementation of regulatory changes
• Timely advisory on compliance matters to entire team Keep team abreast with media, particularly press coverage, of other institutions’ experiences with regulatory breaches and consumer protests on a fort nightly basis
• Review all the products and process notes from compliance perspective
• To set up & execute framework of compliance as desired by regulator example most critical would be AML/KYC framework
• Identify and participate in external/internal workshops/certifications to enhance effectiveness;Provide Compliance training to all employees

Nov 2011 – May 2016 · 4 yrs 6 mos · Mumbai

• SME Compliance advising,monitoring,training
• Provide pro-active and consultative advisory services to SME business on compliance related issues in a manner consistent with local directives, circulars and also Group directives, policies
• Assist Head compliance – consumer Banking in managing regulatory problems arising from alleged or actual breaches of regulatory requirements or ethical standards, where there is a material risk to the reputation of the Group or its relationship with its regulators, so as to avoid/minimize reputational damage
• Ensure SME products and services offered in India comply with local regulation and cross border requirements if any
• Monitor new/revised regulatory requirements, determine applicability to the business and advice accordingly
• Provide support to Business Heads and OR Managers to ensure that they establish and monitor appropriate arrangements for meeting regulatory obligations and high standards of conduct in their business, in accordance with Group Compliance standards
• Partner with business in advising on rules and regulation for new product launches
• Review and initiate new policies and procedures for compliance with regulatory requirements
• Participate and represent compliance as appropriate in all pertinent Consumer Banking initiatives
• To enhance the Bank’s relationship with its regulators as they affect business in India so as to maximize the benefit to the Group flowing from those relationships
• To be the focal point from CB Compliance for co-ordinating with business and Country Compliance on all regulatory inspections, spot scrutinies etc
• Work with OR team to ensure effective implementation of the CRM framework and process.
• To undertake Compliance Assurance, ongoing monitoring and report risk issues to Senior management

Jun 2008 – Nov 2011 · 3 yrs 5 mos · Mumbai,Indore

• AVP-Reg Control and Compliance-SME

Oct 2006 – May 2008 · 1 yr 7 mos · Mumbai,Cairo,Pune

• Domain Consultant- Retail Banking

May 2000 – Oct 2006 · 6 yrs 5 mos · Goa,Bhopal,Indore,Mumbai

• Retail Liability operations, Retail Branch Banking,SME Compliance and control