Associate Director

Some high level things you would own but not limited to:

• Managing the compliance risk and providing support to the Senior Management to ensure compliance

• Assessing the compliance risks faced by the business and to ensure that the co., appropriately manages those risks.

• Disseminating regulations to business and support function and provide ongoing advisory services to ensure that the co.operates in accordance with all regulatory and legal requirements.

• Overseeing and monitoring the implementation of the compliance program

• Correspondence with the regulators RBI, AML regulator etc.

• Provide compliance opinions to the users on applicability of regulatory laws in relation to activities of the co.

• 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.

What you would possess already:

• Extensive experience (typically 10 – 12 years) in compliance, regulatory affairs, or a related field, with a proven track record of managing compliance programs within a similar industry.

• Regulatory Knowledge: Thorough understanding of relevant laws, regulations (e.g. RBI, IRDAI, FIU-IND, DPDPA, IT etc),, and industry standards (e.g., GDPR, SOX, FCPA) applicable to the company’s operations.

• Analytical Skills: Strong analytical and problem-solving skills to assess risks, develop strategies, and implement solutions effectively.

• Communication and Leadership: Excellent communication, leadership, and interpersonal skills to effectively collaborate with various stakeholders, influence change, and lead a compliance team.

• Ethical Integrity: High ethical standards and integrity, critical for maintaining compliance and fostering a culture of ethical behavior within the organization.

This role is crucial in safeguarding the company’s reputation and ensuring ethical practices throughout the organization.