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04/05 Priyanka
Recruiter at RGF Select Pvt. Ltd

Views:426 Applications:86 Rec. Actions:Recruiter Actions:28

Head - Regulatory Compliance - Insurance (12-20 yrs)

Mumbai Job Code: 820293

The Role :

- To be ahead of the curve in establishing a sound regulatory compliance, regulatory engagement & policy advocacy program.

- To draw a detailed yet efficient process of mapping various applicable regulations especially in multi financial product company regulated by RBI, SEBI and IRDAI and building this into SOP / first line KRAs and or into IT set up of the organisation for compliance assurance and audit readiness at all times.

- Create regulatory knowledge for new licenses and related registrations thereby significantly reducing external support.

Description of work areas :

- Compliances pertaining financial services including Insurance, Mutual Fund, Payments, Lending & Wallets

- Set up regulatory framework & policies & internal governance policies

- Liaison with Regulators & Industry bodies

- Evaluate and weigh multiple inputs and impacts of any new regulation, decision, ability to anticipate issues and proactively solve for open gaps and risks.

- Evaluate applicability of law, help build process around compliance requirements.

- Deal with complex matters that cut across legal and compliance especially external compliance (regulatory compliances)

- Study legislative changes and impact on organisation /business processes

- New product approvals, research on applicability of law like data protection, new license regulations and structure/reporting.

- Set up complete monitoring and tracking program, checklist rollout, Action trackers and reports

Ideal Candidate :

- Company Secretary, MBA finance, CA; (LLB/LLM will be added advantage)

- Minimum 12 years post-qualification in regulatory and compliance function with direct engagement with financial sector regulators like RBI, SEBI, IRDAI, PFRDAI.

- Committed and ready to work under constraints/ pressure.

- Liaison skills and ability to participate in industry associations, fintech committees and place the company's view point on regulatory enablement's and issues.

- Demonstrated ability to handle inspections and audits

- High degree of professional ethics and integrity, Excellent judgement and analytical skills, good interpersonal skills

- Strong communication and influencing skills.

Women-friendly workplace:

Maternity and Paternity Benefits

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