Job Description:
– Managing the compliance and regulatory risk and providing support to the Senior Management in connection thereto
– Assessing the compliance risks faced by the business and to ensure that the company appropriately manages those risks.
– Disseminating regulations to business and support function and provide ongoing advisory services to ensure that the company operates in accordance with all regulatory and legal requirements.
– Overseeing and monitoring the implementation of the compliance program
– Correspondence with the regulators RBI, IRDA etc.
– Provide compliance opinions to the users on applicability of regulatory laws in relation to activities of the company
– Preparing and presenting clear and concise compliance reports to the management
– Promoting a compliance culture.
– Providing guidance, advice, and/or training and educational programs, to improve business’ understanding of related laws and regulatory requirements.
– Perform regular and comprehensive compliance reviews
– Review and regular update of policies and procedures in view of new regulations including compliance manuals
– Ability and willingness to single-handedly conduct all compliance related functions.
– To obtain approvals / licenses / certifications from regulatory bodies such as RBI’s approval for new product offering wherever needed.
– To ensure legal / compliance diligence for new customers/ vendors on boarding: KYC, Intelligence checks and AML verifications; insurance related compliances etc.
Requirements:
– Experience Required: 10-15+ years of related experience out of which a minimum of 7 years in similar position/ responsibility in a Bank or Financial Institution.
– Education: MBA Finance/CA
– Strong analytical and quantitative background
– Devised plans & contributed in the development of overall compliance
– Digital Lending Experience is preferred – exposure to customer application journey /rule engines/scorecards
Key Competencies:
– Person with an eye for details and controls.
– Good Interpersonal skills, with strong written and oral communication.
– Possess an entrepreneurial mind-set with the ability to achieve results in a fast pace, rapid growth environment characterized by dynamism and ambiguity.
– Energy to work in a high growth and dynamic environment.
– Have a commitment to excellence and strong achievement orientation
– Strong Decision Making Skills
