Note : Only Insurance (Life/General/Health) industry candidates will be considered. Job Profile - This senior executive will provide leadership in developing, implementing, executing, and monitoring the operations' compliance programs, responding to, and escalating as appropriate, any emerging compliance and/or regulatory issues. S/he will provide leadership and framework for management to identify, evaluate, mitigate, and monitor the company's compliance and regulatory risk. The incumbent will be responsible for working cross-functionally and proactively plan, direct, and drive compliance framework to accomplish short- and long-term goals. He/ She must be a leader who is able to help the organization move towards its growth agenda while creating a value-based organization with compliance embedded in its DNA. Key Responsibilities: - Drive the company's Compliance and Regulatory affairs gamut from identification of issues to seeking solutions to create a competitive edge. - Establish a strong compliance team and framework to guide and provide support to the company in all compliance & regulatory matters. - Manage the compliance function and work closely with senior management to establish, implement and maintain compliance policies and procedures to assure that the Company's business complies with all applicable laws. - Conducting compliance training to assure that employees (and agents) understand their legal, regulatory and compliance responsibilities. - Monitoring compliance with compliance policies and procedures, and proactively resolving with business management any exceptions and deficiencies and escalating to senior management and shareholder issues identified and not resolved. - Responsible for the management and control of compliance in all aspects of the company's operations with a view to mitigate the operational and reputational risk of the company. Provide advice and guidance to senior management on all queries related to compliance issues. - Implementation of and adherence to application regulations. - Tracking and reporting of regulatory filings, liaison with regulator for necessary licenses, registrations and approvals. - Manage Anti Money Laundering policies and procedures in compliance with local laws. - Being one of the principal points of contact for IRDAI and other regulatory bodies and working closely with other senior leaders within the business to proactively manage that relationship. Lead all regulatory audits. - Advisory on RBI / IRDAI Regulations, New Product advisory. Brainstorm on several Operational Risk Issues considering vibrant regulatory changes and suggested changes in the existing processes to mitigate reputation risk issues (and financial losses). Business advisory on various compliance related issues. - Work collaboratively across all business function to develop and execute the operational strategy to meet business goals and objectives. Participate in the preparation of the broader business strategy and operating plans. - Champion Compliance culture, processes and initiatives. - Project manage the compliance tool for the organization & partner with all department head to ensure adherence. - Establishing, implementing, and maintaining compliance manuals to document the compliance program. Candidate Profile: - S/he should be a qualified compliance professional, with minimum 15-17 years of relevant experience in a regulated industry preferably insurance or financial services and must have prior experience in managing regulators like IRDAI, SEBI, and RBI etc. - Strong experience in handling matters before statutory authorities. - Demonstrated business orientation, correctly analyze business situation and foresee implications of major decisions with in-depth understanding of regulatory issues backed by strong commercial and business acumen. - The candidate should possess the tact and ability to negotiate with and manage multiple stakeholders including board members, shareholders and regulatory authorities. - Strong interpersonal skills. Resourceful self-starter, proactive, results and execution- oriented team player Entrepreneurial spirit, pro-active attitude, be self-driven and detail. - oriented, possess excellent business judgment and excellent networking and relationship management skills. - Strong organizational skills with ability to manage multiple priorities. High energy levels, and works well under pressure to meet deadlines. - Proven ability to lead and manage projects and deliver business results, in a rapidly changing and cross-functional matrix environment. - Experience leading/managing and empowering others, and ability to work effectively in a culturally diverse international work group. - Process orientation with continuous improvement methodology. - Resourceful, pragmatic and realistic approach to analysis with limited data and time. - A sincere, well-intentioned professional with strong ethical values.

Gurgaon/Gurugram

Chief Compliance Officer - Insurance 

Chief Compliance Officer - Insurance  ,Job Description for Chief Compliance Officer - Insurance  in ABC Consultants in  Gurgaon/Gurugram for (14-16) years of experience. Apply Now!

Job Description for Chief Compliance Officer - Insurance  in ABC Consultants in  Gurgaon/Gurugram for (14-16) years of experience. Apply Now!