Compliance Manager - NBFC

Job Title: Sr. 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 8 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