AVP - Compliance - NBFC

Job Purpose : To ensure that the Company fully complies with all applicable regulations/guidelines from the RBI, SEBI & IRDA. To have unrestricted authority to review documents and information relative to compliance audit activities, access to employees, contracted professionals, agents and other third parties retained with an objective of protecting the interest of the organization in a pro-active, consultative & solution oriented manner.

Key Accountabilities :

- Managing and Undertaking Compliance Function of the Company- An NBFC-SI regulated by various regulators specifically RBI, IRDAI, MCA etc.

- Represent the company for submissions before the regulators including RBI inspections, audits, NBFC-O meetings, Industry Forums etc.

- Monitor and advise on entire compliance activities of the company executed by other functions and external agencies including for Secretarial, Human Resource, Nodal Office, Risk & Audit

- Custodian of Compliance related policies of Company and contribute in building automation and efficacy in implementing best regulatory practices into policies

- To ensure filing of reports/returns as per extant regulations applicable to the company

- To conduct periodic assessment of the compliance risk and to develop risk oriented activity plan for compliance assessment

- Ensuring Compliances and solutions are in line with the SARFAESI Act

Key Responsibilities :

- Provide practical solution to various business and support function within the Compliance parameters and mitigate regulatory risks

- Periodically give presentation to the management on compliance matters, key activities undertaken and planned and on sensitive areas of concern

- To apprise the management on regulations, rules and standards and any further regulatory development affecting the company / NBFC-SI & provide clarification on any compliance related issues

- To periodically report on the compliance failures / breaches to the function concerned and bridge the gaps, if any