Job Description

Roles and Responsibilities :

- Contribute and point-out risks of the product/service during pre-planning work.

- Prepare the control checklist required for the review for each regulatory and unregulated functions

- Designing work programs and executing steps, meeting deadlines to evaluate compliance with rules and regulations.

- Interacting with senior heads of business and compliance as part of scoping, control design assessment, reporting findings and offering solutions to address control gaps or enhance processes.

- Formulate questions to be asked during walkthroughs and lead walkthroughs when called upon

- Identify controls after attending a walkthrough, specifically those related to the risks noted

- Provide rough drafts of issue documentation, identifying the important parts required.

- Define testing scripts, coordinate with respective development teams to run the same during the review process and evaluate the outcome along with the manager.

Role Requirements :

- Good eye for detailing with respect to each product regulations and controls

- Compliance Assurance (preferably also from a financial service e.g., banks, NBFC Lending, Insurance firms, Stock Broking firms, Fintech etc) or is a former financial services industry employee that has led audits/ examinations/ compliance reviews /quality assessments /quality tests where the focus was Controls Testing (which very importantly includes (i) assessing the design of controls, and (ii) whether the controls are operating effectively) would be a good candidate. The would be the key & critical foundation. Basic AML/ OFAC experience would be preferred.

- At least 6 years of audit, compliance testing or monitoring, or relevant Compliance experience.

- Strong knowledge and understanding of Insurance domain is preferred.

- Passion for technical compliance and be interested in conducting wide-scale investigative reviews.

- Have a good appreciation of the regulations applicable in India and APAC.

- Highly detail-oriented, motivated, curious individual with good time-management skills, analytical and communication skills

- Quick and sharp individual who relishes the challenges of understanding and interpreting regulations and processes across different businesses and jurisdictions.

- Strong communication, interpersonal and influencing skills. The candidate should have the ability to establish credibility and strong partnerships with senior business leaders, control functions and corporate partners globally.

- Fluency in written and spoken English is a must have. Excellent written skills, and ability to prepare clear, concise reports with minimal supervision.

- Have an audit and / or relevant industry qualifications, or a university degree.

- Proficiency in Excel and SQL is a preferred skill to have.