Job Title: Sr. Manager/AVP Compliance - Mumbai

Job Responsibility:

- Design and implement a comprehensive compliance testing program to assess adherence to regulatory requirements.

- Performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps.

- Perform independent testing and review of internal controls to ensure compliance with applicable RBI regulations and prepare reports, and communicate results to the Senior Management and the Board.

- KYC-AML management including undertaking periodic risk assessment of clients and AML monitoring (CTR, STR filings)

- Filing of returns related to Fraud Risk Management and ongoing monitoring of frauds cases

- Drafting and review of key policies and procedures related to RBI regulations and other applicable laws

- Regularly assess the adequacy of compliance risk mitigating controls designed and recommend enhancements where necessary

- Tracking of whistle blower complaints

- Should be able to independently develop and maintain a compliance checklists, manuals, and other regulatory documentation for continuous monitoring

- Drafting Compliance Training material content

- Identify, assess and monitor compliance, bribery and fraud risks across all functions and departments in the organization. Maintain and update the Compliance Risk register annually.

- Reviewing documentation related to Vendor Risk Assessment

- Preparation of Compliance Status file comprising of circulars issued by RBI/SEBI/MCA/HR/Finance and Labor laws for presenting the same before the Board.

- Preparation of SOPs for RBI and IRDAI returns

- Monitor implementation of Daksh advisories and obtaining a status on the implementation from various depts.

- Regularly monitor changes in regulatory guidelines from RBI, IRDAI and update compliance processes accordingly.

- Conduct regular reviews to ensure compliance with all applicable RBI regulations.

- Undertaking regulatory reporting and coordinating with cross functional teams

- Providing support in RBI inspections and observations arising out of RBI inspections

- Collaborate with cross-functional teams to facilitate the implementation of compliance requirements.

Key Skills:

- Excellent analytical skills, attention to detail, and problem-solving abilities.

- Strong communication, report-writing, and presentation skills.

- Ability to work independently, manage multiple tasks, and meet deadlines.

Target Industry: BFSI

Mandatory:

Looking for people from NBFC RBI regulatory compliance background

Gender: Open

Target Industry: NBFC only

Experience: Minimum 8 years of experience in Compliance roles within financial services industry, preferably NBFC

Job Location: Andheri East, Mumbai

Working Days: 5 days

Qualification: CA, CS or Full time MBA

Reporting To: Chief Compliance Officer

Notice Period: Immediate to 60 days

Relocation candidates: No