This is for UK process   Shift Timings : Day Rotational Shifts (6:30 AM to 2:30 PM, 2:30 PM to 10:30 PM, 09:30 AM to 5:30 PM)  Some of the key skills are :  - Breaches  - Sanctions  - Risk Assessments  - Stakeholder interaction  - Management meetings  - UK Regulatory  - Operational Compliance  - Risk Assessment & Risk register  Skills, Competencies required :  - Good Communication Skills  - Eye for Details  - Logical and personal intelligence  - Good Record of ratings from the previous organizations.  Position : Business Unit Compliance Officer (BUCO) - Mumbai  Business Unit : Office of the General Counsel  Job Family : Compliance  Location : Mumbai   There will also be a requirement to operate from any of the Willis Mumbai offices and probabilities of travel to UK  Reporting to : Senior Service Manager   Job Level : Senior Officer   Job Summary :   - To be responsible for the management and co-ordination of WTW Group Compliance policies and procedures for the business unit aligned to their job role. To ensure that all regulatory requirements are identified, processes are in place to ensure standards can be met, monitoring is undertaken and guidance and training for improvement provided as necessary.  - To assist with the management and co-ordination of the relationship with and requirements of the regulators.  Principal Accountabilities :   Manager or manager of people or individual contributor : Individual contributor   Geographic scope of role : Mumbai  Principal Duties/Responsibilities :   Assist with Willis Compliance policies and procedures :   - Identify and assess the compliance risks applicable to the business.  - Provide support and guidance to the business in understanding its responsibilities and obligations under relevant Willis policies (e.g. Anti-Bribery & Corruption, Conflicts of interest, Financial Crime, Gifts & Entertainment, KYC, Complaints, Sanctions, Third Party Payments, WEM); respond to queries on the interpretation of relevant compliance policies.  - Discuss promptly with the business unit Manager any compliance or regulatory issues arising in the business unit; report the issue in the appropriate log/ database; and agree the corrective action to be taken including responsibility, timelines and review date.  - Develop a compliance plan which reflects the risk profile of that business unit; undertake own sampling and check the checkers reviews, where appropriate; monitor and report progress against the plan.  - Ensure that all complaints are dealt with appropriately.  - Ensure that all breaches are reported by the business within 24 hours of identification. Should be the SPOC for the operational compliance activities for the business.  - Perform file reviews (depending on the business unit responsible for), within a range of 5% to 10%.  - Compare and analyse completed SAFRs, other MI produced by the business, Compliance Monitoring reports andinternal/external audit reportsand discuss findings with Manager as a means of determining potential enterprise-wide systemic risks, weaknesses in internal controls and training.  - Engage completely in business unit meetings and share ideas on improvement and any best practice sharing that would help minimise the risk.   - Monthly meetings with business unit management to discuss the business performance on compliance and regulations aspect.   - Complete awareness of tasks (activity) being transitioned to Mumbai. Assess risk and controls in the process, viability for performance of the activity in Mumbai.   - Engagement with Operational Excellence to review any improvements recommended / worked upon by them do not miss any key controls in the process.   - Represent their respective business for Compliance activities to reflect the business- progress / performance on operational compliance activities. As well engage in the root cause analysis of errors identified, controls / processes that need to be introduced in the process to reduce the errors / complaints etc.   Assist with regulatory issues :   - Identify all laws/regulations that are applicable to their business unit (this would include adhering to all regulatory policies like AML, AB&C, Sanctions etc)  Assist with Compliance training :   - Check that all applicable Willis compliance policies and local regulations are covered in compliancetraining. (includes the current three awareness sessions)  - With Manager, identify compliance training needs within the business units and develop training plan for the year and delivering specific training materials for business units  Report outcomes :   - Provide regular updates on relevant compliance metrics and commentary to Manager prior to submission for reporting to Senior Management.   Updates to cover :  - Actions taken to manage the compliance risks  - Serious or persistent compliance issues  - Results of monitoring activity, including self-assessment file reviews  - Results of internal or external audits and other compliance inspections  - Regulatory developments and issues  Other relevant matters :   - Discuss all legal and regulatory issues with Manager and report in the appropriate database/log.   - Attend business unit Executive meetings, which would have discussion on transitions, process improvements, way forward etc.   - Liaise with and assist the Compliance Monitoring team members in carrying out their monitoring reviews and other work, as required.  Manage performance :   - Create own quarterly action plans to deliver the annual goals and objectives agreed with the Manager and report on own progress.   Manage internal relationships :   - Maintain positive relationships with business unitheads and associates to assist the interface between compliance and the business.  - Foster close relationships with other business support areas, including Group Legal, Group Risk and Internal Audit.  - Co-ordinate with Internal Audit and External Audit on those activities that cover compliance obligations only (during a review and in an ongoing way).  Communications and Relationships :   Internal :  - With their BUCO (currently London for other regions contact to be established), Manager and othermembers of GroupCompliance, (Group Legal& Group Risk if required) and Group Internal Audit.  - With business unit leadership and Senior Management  External :  - With external auditors and regulators as required  Competencies :   Action Oriented, Approachability, Comfort Around Higher Management, Conflict Management, Timely Decision Making; Ethics and Values, Learning on the Fly, Presentation Skills; Priority Setting, Standing alone; Time Management; Written Communications; Listening  Required Qualifications, Skills, Knowledge, Experience :   Qualifications :  - Degree level. It is possible likely that the job holder may also have a relevant professional qualification - legal, accountancy or business.  Skills :  - Proactive rather than reactive.  - Team player with good interpersonal and influencing skills.  - Ability to work under pressure to tight timelines and without direct supervision.   - Organised and methodical.  - Excellent analytical problem-solving skills.  - Strong communication skills, both orally and in writing.  - Commercial awareness - a commercial and pragmatic approach to managing compliance.   - Fluent business English essential.   IT literate - knowledge of Microsoft office packages needed.  Knowledge/Experience :  - Prior compliance experience required (understand the compliances within their existing processes)  - Good regulatory and corporate governance knowledge/understanding required.  Regulatory Requirements :   UK - Acceptable to the FCA. (this would as well extend as we now service more geographies)  Development Levels : As per hierarchy  Salary Offered : 7 LPA to 8 LPA

Mumbai

Willis Towers Watson - Business Unit Compliance Officer 

Willis Towers Watson - Business Unit Compliance Officer  ,Job Description for Willis Towers Watson - Business Unit Compliance Officer  in Willis Towers Watson in  Mumbai for (2-4) years of experience. Apply Now!

Job Description for Willis Towers Watson - Business Unit Compliance Officer  in Willis Towers Watson in  Mumbai for (2-4) years of experience. Apply Now!