Posted By


Rajesh Pawar

Executive Director at Career Management Services

Last Login: 10 July 2024

Job Views:  
Applications:  114
Recruiter Actions:  30

Job Code


Head - Compliance - Financial Services

15 - 20 Years.Mumbai
Posted 5 days ago
Posted 5 days ago

Job Profile: Head - Compliance

Key Responsibilities:

1. Regulatory Compliance:

- Ensure the organization's operations comply with all RBI regulations.

- Regularly review and update compliance policies and procedures in line with new RBI guidelines.

- Monitor changes in regulations and assess their impact on the organization.

2. Risk Management:

- Identify and mitigate compliance risks.

- Conduct regular risk assessments and compliance audits.

- Develop and implement risk management strategies.

3. Internal Controls:

- Establish and maintain effective internal controls and compliance monitoring systems.

- Ensure documentation and reporting systems meet regulatory requirements.

4. Training and Awareness:

- Conduct training programs for employees on compliance requirements and ethical standards.

- Promote a culture of compliance and ethical behavior within the organization.

5. Reporting:

- Prepare and submit compliance reports to senior management and regulatory bodies as required.

- Maintain records of compliance activities and investigations.

6. Liaison:

- Act as a liaison between the organization and regulatory bodies, including the RBI.

- Handle communications with regulators and manage regulatory inspections and audits.

7. Investigation and Resolution:

- Investigate any reported breaches of compliance and take appropriate action.

- Implement corrective measures to prevent future non-compliance.

Qualifications and Skills:


- A degree in law, finance, business administration, or a related field.

- Professional certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) are preferred.


- compliance role within the financial services industry.

- In-depth knowledge of RBI regulations and guidelines.


- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.

- Ability to work independently and as part of a team.

- Proficiency in compliance management software and tools.

Key Areas of Focus under RBI Guidelines:

1. KYC/AML Compliance:

- Ensure adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

- Implement robust KYC and AML policies and procedures.

2. Regulatory Reporting:

- Timely and accurate reporting to the RBI, including returns and filings as required by the regulatory framework.

- Maintain up-to-date knowledge of reporting requirements and ensure compliance.

3. Data Privacy and Security:

- Ensure compliance with RBI guidelines on data protection and cybersecurity.

- Implement measures to safeguard customer data and prevent data breaches.

4. Consumer Protection:

- Ensure compliance with RBI guidelines on consumer protection and fair practices.

- Handle customer complaints and grievances effectively.

5. Capital Adequacy and Risk Management:

- Ensure the organization meets the RBI's capital adequacy requirements.

- Implement risk management practices in line with RBI guidelines.

6. Corporate Governance:

- Ensure compliance with RBI's corporate governance standards.

- Maintain transparency and accountability in the organization's operations.

By focusing on these areas, a Compliance Officer ensures that the organization not only complies with RBI guidelines but also fosters a culture of ethical behavior and risk management, thereby protecting the organization from legal and regulatory risks.

Didn’t find the job appropriate? Report this Job

Posted By


Rajesh Pawar

Executive Director at Career Management Services

Last Login: 10 July 2024

Job Views:  
Applications:  114
Recruiter Actions:  30

Job Code



My Learning Centre

Explore CoursesArrow