Manager Compliance

ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. .

Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$6.5 billion as at December 31, 2019, and it is a member of the Canada Deposit Insurance Corporation. The Bank offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirements.

The primary responsibilities include the following:

• Identify legislative and regulatory requirements applicable to the Bank including but not limited to the requirements under the Bank Act, Proceed of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and Personal Information Protection and Electronic Documents Act (PIPEDA);
• Conduct independent Compliance monitoring and testing to test the effectiveness of RCM controls. Identify control weaknesses and track remediation and action plans, communicate to management.
• Provide assistance in developing appropriate controls including policies, procedures and processes, etc. based on applicable requirements and best industry practices;
• Provide advice to staff on Compliance matters; and
• Provide assistance in developing and delivery of Compliance training programs.

Area of Responsibilities

1. Identify legislative and regulatory requirements applicable to the Bank.

2. Implement OSFI E-13 RCM program

3. Manage the RCM system used by the Bank.

4. Conduct independent Compliance monitoring reviews and testing to test effectiveness of controls. Identify control weaknesses and track remediation and action plans, communicate to management.

5. Provide assistance in developing RCM program policies, procedures and processes to ensure compliance with the regulatory requirements applicable to the Bank.

6. Provide assistance in developing Compliance training and maintain up to date records.

7. Provide support to business functions in conducting self-assessments. Work with business functions in developing and taking corrective action in a timely manner.

8. Provide assistance in preparing internal and external Compliance reports.

9. Provide assistance in implementation of new/changing regulatory requirements and in implementation of approved policy and procedures.

10. Provide assistance with regulatory interactions and providing responses in timely manner.

11. Other duties or projects as assigned.

If you require accommodation measures during any phase of the hiring process, please notify us as soon as possible. All information received in relation to accommodation requests will be kept confidential

Job Type: Full-time

Flexible Language Requirement:

• French not required

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Toronto, ON: reliably commute or plan to relocate before starting work (required)

Education:

• Bachelor's Degree (required)

Work Location: In person