Senior Associate - RBI Compliance - NBFC

Responsibilities for the job:

1. Support Lead in providing business advisory in order to ensure clear understanding.

2. Disseminating regulations to business and support function and provide ongoing advisory services.

3. Support in overseeing the critical Compliance policies and systems that impact the NBFC and ensure that the Group's exposure to Regulatory Compliance is managed in a commercially sensitive, practical and cost-effective manner.

4. Good understanding of regulatory agency examining NBFCs, in the field of regulatory compliance providing advice and/or guidance on NBFC regulations.

5. Act as advisory to training team wrt to compliance policies and processes to be followed.

6. Act as advisor to all other departments including all other assurance function.

7. Escalate appropriate concerns to Business compliance and management.

8. Handling RBI reporting.

9. Drafting and review of regulatory policies.

10. Preparing and review of SOPs of various department

11. Organising and conducting Compliance trainings.

12. Analysing penalties imposed by RBI and corresponding lacunas in the system

13. Supporting Lead in Inspections conducted by Regulators

14. Supporting Lead in end to end implementation of RBI Circulars

15. Assisting in preparing responses for various Inspection reports, taking corrective measures and monitoring the same.