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27/07 Pooja Pawar
Consultant at Skillventory

Views:51 Applications:6 Rec. Actions:Recruiter Actions:1

Senior Associate/Lead - Surveillance Enforcement/Compliance & Auditing (5-7 yrs)

Mumbai Job Code: 1131407

1. JOB PURPOSE

The general purpose of the position is as follows :

- To maintain an oversight on compliance to the circulars and guidelines issued by NPCI to its members/participants in the ecosystem

- Undertake enforcement action on non-compliant members through notices, penalty, temporary suspension of services and other action as per policy guidelines

- To ensure that the frontline units act as the first line of defense towards implementation of the circulars/ guidelines and escalate pending matters to Surveillance & Enforcement (S&E) unit

- Continuously monitor the status of corrective action taken by members/participants

- To work with technology / project teams to automate existing processes to improve efficiency

- Review and improve the standards of surveillance and enforcement process based on inputs from management and ecosystem players

- Engagement of vendors with technical expertise to track adherence to various directives by participants.

- Handling audit requirements of the unit and ensuring compliance to RBI regulations and the internal policy and procedural guidelines of the company while discharging responsibilities

- Coordinate with internal and external stakeholders to drive compliance to directives through engagement and enforcement process

- To maintain details of all the correspondences done with the members/ participants and updating / reporting the progress in the weekly tracker published by the unit

- To develop offsite monitoring system capability and create compliance report cards for all ecosystem players based on measurable indicators

- To continuously review and update the compliance checklist at product level based on release of circulars and guidelines by product, operations, and risk teams

- Prepare and submit updates to the risk committee and the board on the action taken to ensure compliance

- Conduct annual review of compliance across products and present to the management/board the key

findings

- Engage with vendors / consultants and build solutions to automate monitoring of compliance standards

Experience / Skills required:

- Industry experience with minimum of 5-7 years in the areas of auditing and compliance function

- Candidate should be excellent in drafting reports, policies, and procedures

- Should possess analytical, presentation and communication skill.

- Exposure in payment products would be preferred

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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