VP - Risk & Compliance - BFSI

Objective of the role is maintain the standards of the compliance function and managing the system of Compliance controls within the organization.

Lead the compliance transversal team in identifying potential legal & regulatory risks and analyzes the risk tolerance with respect to various laws and regulations.

List of activities related to compliance risk but not limited to:

- Profiling/scenario management - Alerts triggered on identifying unusual account flows or transactions,they particularly apply in the prevention of terrorism financing and money laundering, and in the detection of market abuse, price manipulation and insider trading.

- Data filter based on pre-defined lists (internal lists,external databases, etc.) that trigger alerts on detecting people, countries or activities targeted by sanctions and embargoes

- Risk reporting/evaluation that provide reports/statements on specific characteristics of an entity, core business, business line or client in order to notify the relevant authorities (management,senior management, regulators, etc.).

- Graduation / Post Graduation in Science, Commerce & Engineering.

- Advanced Operational risk certification ( any), Financial Risk Manager (FRM) or Compliance Risk Certification ( any )

- 12-17 years of total experience and 8-10 years of relevant experience in Compliance & Regulatory Risk management activities

Knowledge and analytical skills in areas of:

- Capital market operations (Compliance/Regulatory risk )

- Information security

- Compliance risk management concepts

- Should have worked as an account manager

- Identifies and addresses gaps in business knowledge of risk and compliance frameworks

Responsibilities :

Compliance Risk Management :

- Managing a team of compliance professionals to conduct ongoing testing and monitoring

- Developing the review schedule based on risk factors and other requirements.

- Facilitating components of reviews and examinations conducted by outside parties, including regulatory agencies.

- Work closely with technology and compliance teams to ensure reporting supports ongoing monitoring

- Proactively review process, policies, procedures and reporting for improvement opportunities

- Lead hiring and training efforts for staff as needed

Account Manager :

- Capable of performing cross-functional task management for a given project

- Ensures deliverables are complete and of the highest possible quality

- Regularly identifying and pursuing opportunities for business growth and developing clear, convincing proposals