Head - RBI Compliance - Financial Services

Looking for HEAD COMPLIANCE - RBI for a leading Financial services organisation to be based in Mumbai.

Job Responsibilities:

- Assisting in monitoring and overseeing day to day compliances to RBI- NBFCs guidelines as applicable to Loan Company/ Asset Finance Company/ Infrastructure Finance Company/ Core Investment Company

- Liaison with RBI for observing compliance requirements.

- Responsible for Compliance Manuals/ SOPs, implementation and monitoring of the same.

- Coordination with other departments for audits, regulatory inspection.

- Updating management on recent developments in the industry including regulatory changes.

- Advising other departments on various regulatory issues.

- Support vetting of legal agreements/ contracts from the compliance stand point.

- Assisting in undertaking compliance verification of processes/ regulations to understand the limitation, if any.

- Filing with regulatory authorities (RBI). These may be event based or periodical.

- Responsibility for setting and meeting KPIs of the department

- Responsibility for the budget, staffing and smooth functioning of the department including meeting the internal SLA deadlines and external regulatory compliances (RBI).

- Responsibility for guiding the management in meeting external compliances with due consideration to peculiarities of organizational structure and business offerings.

- Responsibility for providing regulatory support to Treasury Department in fund mobilisation programmes with a view to optimize the cost of capital.

Education Qualification/ Experience:

- A qualified Company Secretary with law degree and having a professional degree in Financial Management like CA or an ICWA course for understanding and help connect with thorough diverse regulatory implications.

- The position would require reasonably good understanding of diverse regulatory provisions applicable to various group companies and good communication/presentation skills as job would involve interaction with highest authorities both internally with Management /externally with regulating agencies.

- The position would require an active co-ordination with both internal business units and external professional service providers and hence would expect excellent inter-personnel skills.

- Preferable to have a professional who is well-versed with requirements of Listing agreements, NBFC regulations, etc.

- Considering the level and depth of interactions expected with the internal/external authorities, the position would ideally require post qualification working experience of 10-16 years with at least 4-6 years of Team handling experience