ROLE
– Maintenance of compliance framework in line with the Regulatory Requirements
– Ensuring compliance on an ongoing basis with the various Regulatory Guidelines, Acts, etc
– 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
– Facilitate preventive measures for mitigating compliance risk resulting in material financial loss or loss to reputation, for the Company
– Introduce a healthy compliance culture within the Company so that governing laws, rules, and regulations are effectively complied with
– 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
– 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
– Liasoning 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
– Conduct training sessions on compliance related aspects at appropriate forums

REQUIREMENTS
– CA/CS/MBA finance
– 4-5 years of related experience in the compliance function with an NBFC or a Bank