Associate Vice President - Compliance - BFSI - LLB

Designation : Associate VP - Compliance

Department/Group: Risk

Location: Parel (Corporate Office)

Grade : Associate VP

Reporting Head: CEO

Qualifications : Company Secretary with an LLB Degree

Experience : 6-8 Years experience in Risk profile

Role and Responsibilities :

- Drafting and review of all policies and agreements as per applicable compliance framework

- Conducting internal compliance review and monitoring activities, including periodic review of the Department.

- Play key role in ensuring compliance under regulations issued by SEBI for Alternative Investment Funds (AIF) and by RBI for non-banking financial companies.

- Identify compliances applicable to the Company, identify implications and implement compliance requirements.

- Keep abreast of amendments in laws, regulations, directions, and guidelines applicable to the Company and ensure steps are taken as and when any new implications arise.

- Sensitize all departments for compliances to be ensured in their respective areas.

- Assist in creating organization-wide policies and create compliance framework for the Company.

- Ensure implementation of internal policies and procedures and creating awareness of the same.

- Drive the compliance monitoring program for the group.

- Ensuring periodic and even based filings with RBI and SEBI.

- Collaborate with the other functions / departments to ensure timely and accurate submission of returns and information to regulators.

- Assist in automating reporting and controls.

- Assist in dealing with queries raised by RBI, SEBI and or any other statutory bodies.

- Maintaining and updating compliance related MIS(s).

- Assist all departments in preparing and providing Compliance reports on a regular basis.

- Obtaining data from various departments, review of the same before submission to RBI during inspection.

- Assist in advising management of the legal, regulatory implication of proposed new initiatives of the Company.

- Liaising with various regulatory and government bodies for approval updates and ad hoc requests/query

- Dealing with queries raised by RBI or any other statutory bodies

- Highlight alleged violations of RBI laws, rules and regulations applicable to NBFCs and recommend procedures for corrective action.

- Liaise and build relations with the Registrar of Companies, Reserve Bank of India Depositories, and other statutory authorities; Periodically provide returns/forms required by them.

- To provide advice to management on good governance practices and compliance of Corporate Governance norms as prescribed under various Corporate and Other Business Laws and regulations and guidelines

- Preparing and providing Compliance report on a regular basis