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25/04 Priyanka
Recruiter at RGF Select Pvt. Ltd

Views:655 Applications:135 Rec. Actions:Recruiter Actions:54

Head - Regulatory Compliance - Payments Firm (10-20 yrs)

Mumbai Job Code: 818645

Location : Mumbai

Exp: 10 - 20 Years

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 8-12 years post-qualification in regulatory and compliance function with direct engagement with financial sector regulators like RBI, SEBI, IRDAI, PFRDAI.- In-house regulatory or compliance portfolio of financial services company handling inspection and audit by regulators would be preferred especially if related to payments industry Expectations other than qualification & technical experience.

- 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

- Ability to anticipate legal issues or risks and to - see around the corner-

- Strong communication and influencing skills.

Women-friendly workplace:

Maternity and Paternity Benefits

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