Job Description

• • Maintenance of compliance framework in line with the Regulatory Requirements
  • Ensuring compliance on an ongoing basis with the various Regulatory Guidelines, Acts, etc
  • To introduce and sustain good practices relating to the Compliance framework.
  • Ensuring that the regulatory requirements are complied with while reviewing various policies, programs and various products & business processes
  • To facilitate preventive measures for mitigating compliance risk resulting in material financial loss or loss to reputation, for the Company.
  • To introduce a healthy compliance culture within the Company so that governing laws, rules, and regulations are effectively complied with.
  • Oversee, co-ordinate and monitor the day-to-day compliance activities of the organization
  • Ensuring timely dissemination of Regulatory guidelines highlighting the aspects of the guidelines together with the action points emanating from the guidelines
  • Help Senior Management and the Audit Committee of Board (ACB) in recognizing and mitigating the compliance risks in the Company.
  • Keeping the senior management and concerned stakeholders updated on the new circulars, amendments to existing circulars etc.
  • Advising and assisting on compliance related aspects during new product launches / changes in existing product lines.
  • Timely resolution of queries raised by Internal stakeholders on compliance related aspects wherever require
  • Ensuring compliance with the company’s internal policies and procedures
  • Testing of compliances as per periodicity mentioned in the Compliance Testing Plan
  • Conducting and facilitating AML Committee meeting and ensuring necessary reporting requirements.
  • Liasoning with Inspection team and co-ordinating with various stakeholders across the Company during the Regulatory inspection for smooth conduct of the inspection.
  • Assisting various team / stakeholders in rectifying deficiency / implementing recommendations of the regulator pointed in inspection.
  • Attending to Internal Audit queries or requirements and defining IFC and ensuring compliance to their observations thereof.
  • Development of training modules on various compliance related aspects. and conduct training sessions on compliance related aspects at appropriate forums

  Qualifications & Experience:

  • CA/CS/MBA finance
  • 4-5 years of related experience in the compliance function with an NBFC or a Bank