Deputy Chief Manager/Chief Manager - Regulatory Compliance - Insurance

Job Role Details :

- To Establish the Corporate Compliance framework, defining, developing and directing business policies and procedures to ensure Regulatory compliance within the organization.

- To establish anti money laundering framework as per the PMLA guidelines issued by FIU. To develop policy, system, procedures, rules to identify & evaluate and report transactions as per the PMLA requirements.

Accountability :

- Develop the compliance framework based on the position taken by co. on all regulatory norms.

- Interpret the regulatory guidelines & work with the function to ensure total compliance with them.

- Vet business models, internal policies & procedures developed by all functions to ensure that they are in strict adherence to Zero tolerance policy with regards to Regulatory compliance.

- Plan and develop procedures to ensuring the management is appraised with the regulatory changes & their implication.

- Prepare and appraise the Management including the Board and Audit Committee to ensure that instances of regulatory non-compliances are dealt with swiftly and firmly

- Develop framework to review & check adherence with the regulatory norms

- Review exception/ deviation, provide procedural exception to functions relation to regulatory norms.

- Coordinate with the IRDA on regulatory audits

- Establish Anti Money Laundering framework at co.