Job Description

Job Title: Senior Manager/AVP Compliance - Mumbai

Job Responsibility:

Design and implement a comprehensive compliance testing program to assess adherence to regulatory requirements. Performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps. Perform independent testing and review of internal controls to ensure compliance with applicable RBI regulations and prepare reports, and communicate results to the Senior Management and the Board. KYC-AML management including undertaking periodic risk assessment of clients and AML monitoring (CTR, STR filings) Filing of returns related to Fraud Risk Management and ongoing monitoring of frauds cases Drafting and review of key policies and procedures related to RBI regulations and other applicable laws Regularly assess the adequacy of compliance risk mitigating controls designed and recommend enhancements where necessary Tracking of whistle blower complaints Should be able to independently develop and maintain a compliance checklists, manuals, and other regulatory documentation for continuous monitoring Drafting Compliance Training material content Identify, assess and monitor compliance, bribery and fraud risks across all functions and departments in the organization. Maintain and update the Compliance Risk register annually. Reviewing documentation related to Vendor Risk Assessment Preparation of Compliance Status file comprising of circulars issued by RBI/SEBI/MCA/HR/Finance and Labor laws for presenting the same before the Board. Preparation of SOPs for RBI and IRDAI returns Monitor implementation of Daksh advisories and obtaining a status on the implementation from various depts. Regularly monitor changes in regulatory guidelines from RBI, IRDAI and update compliance processes accordingly. Conduct regular reviews to ensure compliance with all applicable RBI regulations. Undertaking regulatory reporting and coordinating with cross functional teams Providing support in RBI inspections and observations arising out of RBI inspections Collaborate with cross-functional teams to facilitate the implementation of compliance requirements.
Key Skills:

Excellent analytical skills, attention to detail, and problem-solving abilities. Strong communication, report-writing, and presentation skills. Ability to work independently, manage multiple tasks, and meet deadlines.
Target Industry: BFSI

Mandatory: Looking for people from NBFC RBI regulatory compliance background

Gender: Open

Target Industry: NBFC only

Experience: Minimum 5 years of experience in Compliance roles within financial services industry, preferably NBFC

Job Location: Andheri East, Mumbai

Working Days: 5 days

Qualification: CA, CS or Full time MBA

Reporting To: Chief Compliance Officer

Notice Period: Immediate to 60 days

Relocation candidates: No

Job Types: Full-time, Permanent

Pay: ?1,500,000.00 - ?2,500,000.00 per year

Benefits:

Health insurance Provident Fund
Application Question(s):

Need only CA, CS or Full time MBA candidates only for this role. Do you fulfil this requirement? Need candidates who have experience of working at NBFC. Do you fulfil this requirement? Do you have experience of RBI regulatory compliance? Need someone with at least 5 years of experience in Compliance roles within financial services industry, preferably NBFC. Do you fulfil this requirement? Work location is in Andheri ,hence need candidates from Mumbai itself. Where do you stay currently in Mumbai? Do you have experience of performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps?
Education:

Secondary(10th Pass) (Preferred)
Experience:

Compliance management: 5 years (Required)
Work Location: In person