Manager - Compliance

Responsibilities

• Assist in preparing annual compliance testing plan for senior management.
• Review and Track monthly & quarterly plans/scope and update senior compliance leadership on progress.
• Provide detailed report to Compliance senior management on a regular basis of the review conducted in a month and critical gaps identified during the review along with status.
• Review the testing checklists required for the review for each regulated business.
• Review loan book, regulatory returns and other information submitted to RBI / NHB.
• Develop solutions to address specific challenges faced by the business units in regulatory compliance matters including impact assessments.
• Develop a comprehensive understanding of Companybusiness, systems, Pol icies and processes.
• Acquire in-depth process understanding for planned audits, including processes, systems involved, data flow, and datasets.
• Formulate queries, lead process walkthroughs with key business stakeholders and document the outcome with thorough identification of risks and controls.
• Drives and understand root cause of the observations and ensure. implantation of corrective actions.
• Co-ordinate/Collaborate with various verticals such as Compliance, Credit, CX, Ops, Product and tech teams for ensuring overall compliance framework.
• Assess the loan journeys, internal tech journeys and developments to ensure adherence to regulatory guidelines and internal policies/processes.
• Carry out Annual Compliance Risk assessment and mitigation actions.
• Assist the Compliance leadership in providing updates to senior management on the critical compliance issues for immediate attention and escalations.
• Provide constant support during regulatory inspections.
• To act as a bridge between Internal Audit/Regulators and Business to follow up on IA recommended action closures by business units.
• Lead compliance testing team.

Requirements

• 8-10 Years.

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