Role & Responsibilities:

Job Purpose

Support CCO in ensuring compliance to regulatory, statutory and all such bodies including internal compliance in the company.

Key Responsibilities

v  Assist CCO in overseeing the implementation of Compliance Policy as per Manuals, internal codes of conduct, etc.

v  Assist in carrying out an exercise to identify and assess the major compliance risk faced by the Company and formulate plans to manage it.

v  Assist in developing the yearly compliance controls monitoring plan in line with the organisation goals.

v  Preparing clear and concise compliance MIS.

v  Coordinating internal compliance review and monitoring activities, including periodical reviews.

v  Assist in preparing monthly, quarterly, and half-yearly detailed annual reviews of Compliance and its risk in such a manner as to assist Board members to make an informed judgment on whether the Company is managing its compliance risk effectively.

v  Carry out the implementation/adherence of regulatory/supervisory directions given by RBI and other regulatory statutory bodies in both letter and spirit in a time-bound and sustainable manner.

v  Assist in examining staff accountability in major compliance failures and Provide timely suggestions and findings based on analysis of such incidents.

v  Submit reports on Progress in the rectification of significant deficiencies and implementation of recommendations pointed out in various audits and RBI inspection reports.

v  Ensuring timely submission of various regulatory returns, disclosures and periodic queries of RBI and monitoring of statutory filings done by different process owners.

v  Support in assessing risks/regulatory aspects in new product/process launches and suggesting way forward.

v  Arranging workshops and relevant external training as per requirements.

v  Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported function/business/product.

v  Assist CCO in developing Compliance framework and Compliance culture in the organisation.

Job Requirement

CA/CS/CMA/MBA Finance/LLB with 10+ years’ experience in RBI Compliance in Banks/NBFC’s/Financial Institutions. Preferable CA/CMA with CS/LLB.

Competencies

v  Strong understanding of regulatory requirements & risks entailed in running of a financial institution / NBFC.

v  Proficient with Regulatory risk assessment and compliance monitoring procedures.

v  Experience in developing, implementing and managing compliance framework.

v  Strong negotiation & influencing skills.

v  Strong communication and interpersonal skills.

v  High level of maturity in dealing with Senior Management team, regulators and other stakeholders.

v  Problem solving and decision-making skills.

v  Ability to analyse large datasets & reports.

v  Proactive in detecting compliance issues and provide suitable advice.

Reporting to : CCO