Monitoring the current process, policies and systems in place and ensuring that it complies with regulatory norms
Understand current and proposed regulations, ensuring implementation across all products, recommending new procedures, and complying with legal & regulatory requirements
Provide guidance to employees across functions on the regulations, so there is no ambiguity in the compliance and risk for the jobs that they perform
Liaise with the Central compliance manager and make decisions based on the guidance received
Establish compliance standards and designs improvements to internal control structures
Compliance tasks Closures in the system
Lead the team to Implement and close regulatory observations within timelines and ensuring NIL repeat observations
Key requirement and Skill set:
Bachelor's / Master's degree in law, business administration, or a similar discipline
Minimum 4 - 6 years of experience in compliance management role
Keen observation, clear reading and understanding of legal and regulatory language
Prior experience working as a compliance manager or in a similar position
Proficiency in industry trends, laws, and regulations
Experience in risk management or auditing preferable but not necessary