Arun Mohanty

• To provide general counsel to the senior management of the Bank in matters of compliance that would continue to be a guiding source for the Bank and the Conglomerate to follow.
• Advising the Bank in formulating group-wide Compliance structure / framework across the HDFC Bank group.
• Advising the Compliance Function on Group wide Policy and Oversight Framework.
• To advise on successful completion of audit recommendations and regulatory action and assist in their implementation.

• Responsible for the designing and maintenance of compliance framework, ensuring the effectiveness and integrity of the compliance process with appropriate and detailed monitoring of the adherence to the Compliance Policy, its minimum standards and applicable legal and regulatory standards in the Bank.
• Responsible to ensure that the Compliance framework encompasses compliance risk management processes and tools that shall be used by HDFC Bank’s Businesses, Management and Compliance functionaries, for managing its compliance risks emanating from their respective business / product / operations and to give adequate assurance on Compliance Risk management to the Audit Committee / the Board and the MD & CEO of the Bank.
• Cultivated Bank-wide culture of innovation and collaboration and effective liaison with Regulators.

• Provided expert guidance on complex regulatory matters to senior management, ensuring informed decision making.
• Implemented improvement initiatives and developed compliance testing program to monitor and identify gaps in new and existing practices.
• Collaborated with Compliance unit heads and teams to review and maintain compliance with various regulations from Reserve Bank of India, Securities and Exchange Board of India, and other regulators.
• Identified, investigated and documented compliance violations and recommended corrective measures.

• Responsible for promoting compliance at the Centurion Bank of Punjab and setting up the Compliance function with best industry standards.
• Compliance with establishing effective supervision and control of the Bank's activities to ensure it complies with applicable Regulatory laws and regulations by Reserve Bank of India.

Foreign Exchange Department, Department of Supervision and Administration & Personnel Department