Compliance role @ Zuno General Insurance Ltd

Urgent hiring in Compliance Team for General Insurance Industry -

Location - Mumbai

Working Days - 5 days

Reporting too - Chief Legal & Compliance Officer

Role & responsibilities

Develop the regulatory framework at Zuno & compliance advisory

• Develop the compliance framework
• Interpret the regulatory guidelines & work with the function.
• Vetbusiness models, internal policies & procedures developed by all functions to ensure that they are in strict adherence.
• Plan and develop procedures.
• File Regulatory Returns with Authority.

Develop monitoring procedures to check adherence with the regulatory norms

• Review exception/ deviation, provide procedural exception to functions relation to regulatory norms.
• Coordinate with the IRDA on regulatory audits
• Direct procedure to ensure all projects in respect of anti money laundering meet planned schedules.

Build understanding & awareness about the regulatory norms at all levels

• Advise guide all function of ZUNO on the relevant regulation of their vertical
• Work with the function to ensure that procedures so developed will not expose ZUNO to any regulatory non-compliance.
• Develop tool, materials to build awareness & understanding about regulatory norms for all function & employees.

Establish Anti money laundering framework at Zuno

• Develop and define a strong AML framework at ZUNO
• Define procedures to ensure alerts generated for suspicious and terrorist name match are analysed and closed judiciously and reported to FIU-IND within prescribed timelines to avoid any regulatory sanctions, fines penalties under the PMLA Act 2002.
• Prepare monitoring mechanism to ensure business conducted across the organization.
• Define and direct procedures to implement required controls and procedures as per regulatory notification received wrt to Anti Money Laundering procedures
• Vetting and approving business model proposed by sales from AML perspective.
• Prepare scenarios to analyse our insurance business data to identify any suspicious transactions.

Manage IRDAI audits

• Evaluating information submitted during Audits and Inspections conducted by regulatory and statutory authorities.
• Define and direct business to ensure all Audit and Inspection related actionable internal, regulatory and statutory requirements are closed

Evaluate information submitted during Audits and Inspections conducted by regulatory and statutory authorities

• Ensure all Risk policies and procedures recommended are implemented within prescribed timelines.
• Ensure all Audit and Inspection related actionables both internal, regulatory or statutory requirements are closed within prescribed timelines.

Interested ones can apply on & share their resume on [email removed]

Regards,

HR Team