Assistant Manager/Manager - Compliance - NBFC

Key Responsibilities:

- Compliance Policy Implementation - Assist the Board and the Senior Management in overseeing the implementation of Compliance Policy, including policies and procedures, prescriptions in Compliance Manuals, internal codes of conduct, etc.

- Dissemination and implementation of Regulatory guidelines/Actions as per Regulatory Inspection Reports - Ensure compliance of regulatory / supervisory directions given by RBI in both letter and spirit in a time-bound and sustainable manner.

- Regulatory Advisory - The Compliance Department shall also serve as a reference point for the staff from operational departments seeking clarifications / interpretation of various regulatory and statutory guidelines.

- Compliance risk assessment - carry out an annual Compliance risk assessment in order to identify and assess major Compliance risks faced by them and prepare a plan to manage the risks.

- Compliance Testing - Compliance Function shall monitor and test Compliance and the results of such Compliance testing shall be reported to the Senior Management.

- Facilitate smooth conduct of regulatory inspections.

- Tracking: Track to ensure that regulatory returns are being submitted within timeline.

- Review policies, processes, business proposals, marketing material, customer communications from a regulatory compliance perspective

- Ensure policy formulation mainly relating to KYC-AML, FPC, Outsourcing.

- Brief the management and concerned stakeholders on regulatory developments.

- Involvement of Compliance Function from initial stages in development of new products and processes

- To ensure closure of all the observations emanated out of the Inspection Reports

- Reporting to the RBI - Reporting of various requirements to the RBI, SSM team.

- Report suspicious transactions and cash transactions with FIU and ensure compliances under PMLA.

Qualification & Experience:

- CA /CA (Inter) / CS / CS(Inter)/ L.L.B.

- Candidates from Banks (HO)/NBFC

- 2 to 5 yrs experienc