Sr. Manager / Associate Director - Compliance
Key role related skills :
1) Exposure in Fintech / NBFC set up in core compliance
2) In depth Understanding of RBI guidelines and financial regulations
3) Excellent in stakeholder mgmt.
Role Objective : We are looking for a true techno-commercial individual who will Seamlessly partnering with various stakeholders across units and corporate level to ensure high degree of compliance across pan Moglix
Role Responsibilities:
- Compliance Strategy: Develop and implement a comprehensive compliance strategy aligned with the company's goals and objectives, taking into consideration regulatory changes and industry best practices.
- Regulatory Compliance : Ensure strict adherence to all regulatory requirements, guidelines, and directives issued by the relevant authorities, including the Reserve Bank of India (RBI) and other regulatory bodies.
- Policy Development : Oversee the creation, revision, and implementation of compliance policies and procedures to ensure they are in line with changing regulations and industry standards.
- Risk Assessment : Conduct regular risk assessments to identify potential compliance risks and develop mitigation strategies to prevent violations.
- Training and Awareness : Establish and maintain a compliance training program for employees at all levels, ensuring they are well-informed about compliance requirements and expectations.
- Reporting and Monitoring : Implement robust monitoring and reporting mechanisms to track compliance activities, report violations, and recommend corrective actions.
- Internal Controls : Implement and maintain effective internal control systems to ensure compliance with internal policies and external regulations.
- External Relationships : Serve as the primary point of contact for regulatory agencies and external auditors, facilitating inspections and examinations as required.
- Ethical Conduct : Promote a culture of ethics and integrity throughout the organization, emphasizing the importance of compliance with applicable laws and regulations.
- Incident Response : Develop and maintain an incident response plan to address compliance violations and ensure timely resolution, reporting, and communication to relevant stakeholders.
- Monitoring Industry Trends : Stay informed about emerging trends, best practices, and changes in regulatory requirements within the NBFC and banking industry.
- Senior Management Reporting : Regularly report compliance performance and issues to the senior management , highlighting areas of concern and improvement
- Experience : A minimum of 5 to 8 years of relevant experience in compliance, risk management, or regulatory affairs, with a strong preference for candidates with a background in NBFC or banking.
- In-depth knowledge of Indian financial regulations and compliance requirements, including RBI guidelines.
Knowledge/ Skills:
- Strong leadership skills and the ability to build and manage a high-performing compliance team. Excellent communication, negotiation, and interpersonal skills.
- Analytical and problem-solving abilities with a keen attention to detail.
- High ethical standards and a commitment to promoting a culture of compliance and integrity.
- Proven track record of successfully managing compliance functions in a dynamic and regulated environment
Education: Company Secretary + LLB
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