Head - Compliance

Head - Compliance

Functional Expertise:

- Compliance Program Management: Develop, maintain, and administer the company's compliance program to ensure adherence to applicable laws and regulations in India. Implement cost-effective compliance solutions to enhance organizational compliance.

- Regulatory Navigation: Navigate regulatory complexities to ensure that products offered by the company are fully compliant with legal standards.

- Compliance Policies and Procedures: Establish, implement, and manage compliance policies, procedures, and monitoring mechanisms to ensure effectiveness and efficiency in identifying, preventing, detecting, and correcting non-compliance.

- Third-Party and Regulatory Audits: Oversee and manage third-party examinations and regulatory audits. Ensure accurate and timely completion of information requests from regulators.

- Product Compliance: Ensure product compliance with relevant regulations, particularly dealing with the Reserve Bank of India (RBI).

- Compliance Training Programs: Develop and oversee compliance training programs for management and employees.

- Compliance Manual Maintenance: Maintain the Compliance Manual and update management on changes in the regulatory environment.

- Policy Implementation: Implement and manage various policies including code of conduct, whistleblower/vigil mechanism, insider trading, CSR, and anti-bribery policies.

Problem Solving:

- Risk and Compliance Assessment: Proactively assess and prioritize risk and compliance issues within the organization. Develop and implement strategies to address these issues effectively.

- Regulatory Complexity Resolution: Address and resolve ambiguities and complexities in regulatory requirements to ensure compliance in product development and other organizational functions.

- Guidance on Emerging Issues: Provide advice and insight into new and emerging compliance issues, helping the company establish controls to mitigate compliance risk.

- Non-Compliance Correction: Efficiently identify, prevent, detect, and correct instances of non-compliance with internal policies and regulatory requirements.

Interaction:

- Consultation and Advice: Provide ongoing advice and consultation to all business functions and management on compliance and risk management matters.

- Ethics and Business Conduct Guidance: Offer guidance on ethics, business conduct, and compliance matters, ensuring that all employees adhere to established standards.

- Collaboration with Regulators: Act as the point of contact for regulators during audits and information requests, ensuring clear and timely communication.

- Management Reporting: Regularly update management on compliance matters, changes in the regulatory environment, and the status of compliance programs.

- Cross-Functional Coordination: Work collaboratively with different departments to ensure that compliance policies are integrated into all business processes and operations.