Assistant Manager (Compliance)

State Bank of India, Antwerp Branch is established in Belgium since more than 40 years. It is a branch of the largest financial institution in India with operations in more than 35 countries. The bank is one of the largest 50 global banks and a fortune 500 company. The Antwerp branch is active in corporate banking segment. It is supervised by Belgian financial sector supervisors namely National Bank of Belgium and Financial services & Market Authority. Branch is located at Hoveniersstraat 29, 2018 Antwerp, right next to Antwerp Central train station.

Job description Role :  Assistant Manager (Compliance)

Job Description :

The day-to-day job responsibilities with reporting line to Compliance Head is as under :

• Monitoring and ensuring compliance with applicable laws, regulations, licensing, and company policies.
• Conducting regular compliance check as per the Compliance Monitoring plan and assessments to identify potential           compliance issues.
• Developing and implement compliance programs, policies, and procedures considering the Risk profile of the operations.
• Monitoring of transactions in connection with Online Transaction Monitoring Tool and other AML related software products in use.
• Providing guidance and training to employees regarding compliance requirements.
• Investigating and resolving compliance-related complaints and issues.
• Collaborating with internal departments to ensure compliance in all business operations.
• Staying updated on changes in regulations and industry best practices.
• Preparing and submitting reports to regulatory bodies, local authorities & SBI group.
• To perform compliance reviews related to business products, processes and standard operating procedures in a structural and analytical way to detect gaps and suggest improvements for compliance with local Regulatory requirements.
• To monitor new / existing European Union / Belgian regulations having impact on the branch, gap assessment and drawing up an action plan.
• To test, monitor and support the optimization of various IT applications such as transaction monitoring and screening tools.
• Additionally, assessing AMLOCK and other AML software-specific settings on a regular basis.
• Conducting risk assessments to identify potential compliance risks.
• Coordinating and assisting with internal and external compliance audits.
• Maintaining accurate records and documentation related to compliance activities.
• Serving as a point of contact for regulatory agencies and external stakeholders.
• Recommending and implementing corrective actions to address compliance deficiencies.
• Fostering a culture of compliance and ethical behaviour within the organisation.
• Act as relief of Manager (Compliance).

Last date for submission of application : 31st July 2025

Profile Requirements :

Offer From € 2.500 to € 4.500 per month Offer