Senior Manager - Regulatory Compliance - NBFC

Key Objective of the Job:

- Maintenance of compliance framework in line with the Regulatory Requirements

- Ensuring compliance on an ongoing basis with the various Regulatory Guidelines, Acts, etc

- To introduce and sustain good practices relating to the Compliance framework.

- Ensuring that the regulatory requirements are complied with while reviewing various policies, programs and various products & business processes

- To facilitate preventive measures for mitigating compliance risk resulting in material financial loss or loss to reputation, for the Company.

- To introduce a healthy compliance culture within the Company so that governing laws, rules, and regulations are effectively complied with.

Major Deliverables:

- Oversee, co-ordinate and monitor the day-to-day compliance activities of the organization

- Ensuring timely dissemination of Regulatory guidelines highlighting the aspects of the guidelines together with the action points emanating from the guidelines

- Help Senior Management and the Audit Committee of Board (ACB) in recognizing and mitigating the compliance risks in the Company.

- Keeping the senior management and concerned stakeholders updated on the new circulars, amendments to existing circulars etc.

- Advising and assisting on compliance related aspects during new product launches / changes in existing product lines.

- Timely resolution of queries raised by Internal stakeholders on compliance related aspects wherever require

- Ensuring compliance with the company's internal policies and procedures

- Testing of compliances as per periodicity mentioned in the Compliance Testing Plan

- Conducting and facilitating AML Committee meeting and ensuring necessary reporting requirements.

- Liasioning with Inspection team and co-ordinating with various stakeholders across the Company during the Regulatory inspection for smooth conduct of the inspection .

- Assisting various team / stakeholders in rectifying deficiency / implementing recommendations of the regulator pointed in inspection.

- Attending to Internal Audit queries or requirements and defining IFC and ensuring compliance to their observations thereof.

- Development of training modules on various compliance related aspects. and onduct training sessions on compliance related aspects at appropriate forums