Key roles and responsibilities :

This position would include the mentioned set of responsibilities but not limited to

- To ensure efficient execution of the compliance program and policy and monitor its implementation as per compliance framework.

- Increase effectiveness & efficiency in HDFC Credila compliance program, including implementing/roll out of policies & procedures, other compliance initiatives including identifying key critical compliance parameters and partnering with relevant stakeholders to administer the program.

- Support different functions in driving Compliance and provide oversight by maintaining regular reporting and monitoring processes.

- Monitor industry regulatory activities and other trends (external and internal) through appropriate early warning systems in order to take pre-emptive actions

- Dashboards/report outs to management on compliance status including Compliance test checks.

- Advising management on issues relating to interpretation of relevant regulatory circulars/directions.

- Supporting business functions in review of applicable policies and regulations

- Liaising with regulators for matters relating to interpretation of regulations/ resolving business queries/filings, etc.

- Leading Compliance audits/testing for the Company

- Monitor implementation of audit recommendations by regulators, with various functions and ensure its timely and effective closure.

- Develop and implement a process for timely identification, escalation and resolution of compliance issues.

- Filing/monitoring filing of periodical reports with the regulator and Parent.

- Working towards implementing AML/KYC policy and procedures and implementation of AML tool, filing of various reports to FIU-IND and all the aspects pertaining to Financial Crime Compliance

- Any other activity assigned from time to time

Require Skills :

- Meeting with and advising business, operations and functional teams on impact of regulatory matters.

- Ability to identify potential issues and proactively plan action to mitigate legal, business and financial risks.

- Requires expert-level working knowledge of compliances applicable to a credit card issuer and Systemically Important NBFCs.

- Ability to partner with Business Function (s) to address their needs and drive organization wide compliances across functions.

- Understanding the applicability and interpretation of corporate and banking laws, legislation, rules, circulars, directions and practices.

- Ability to implement compliances, policies, initiatives, and programs.

- Keep abreast of latest developments in judicial review and applicable law (s).

- Possess strong verbal and written communication, research, organizational and analytical skills.

- Be a self-starter and self-motivated individual and display high ownership and enthusiasm at work.

- Detail-oriented and results-driven team player.

- Knowledge of basic computer applications.

Qualifications & Experience :

- Bachelors/management degree including professional qualification preferable to have Compliance and/or Legal background.

- 8 - 10 years of relevant work experience in compliance/audit function from Banking, non-banking financial (including secured and unsecured lending) companies of repute