Compliance Lead - Reporting & Monitoring - NBFC

Job Context:

As the Compliance Lead, the person is responsible to assist the Chief Compliance Officer in establishing standards and implementing procedures to ensure that the compliance processes throughout the organization are effective and efficient in adhering to the RBI guidelines and SEBI Regulations, and ensuring corrective measures are taken where non-compliances with regulatory guidelines have been identified.

This role is tasked with reporting and monitoring (i) Cash Transaction Reports, (ii) Suspicious Transaction Reports covering AML Screening Alerts, FIU Alerts, Attempted Frauds, (iii) FMR 1,2,3 & 4, (iv) RBI Returns on Daksh & CIMS, (v) monitoring of AML transaction, (vi) KYC Risk assessment and reporting to RBI & Board.

Challenges:

- Managing compliance and regulatory risk across a vast and diversified organization with several lines of business.

- Driving a pervasive culture of compliance across the organization and ensuring that processes are robust enough to ensure regulatory compliance.

- Building confidence with internal stakeholders at operating levels, and the Regulators by demonstrating a mature compliance function.