Senior Manager - Compliance - BFS

Job Summary:

As a Senior Manager in Compliance, your primary responsibility is to assist the Chief Compliance Officer (CCO) in ensuring the company adheres to all applicable regulatory requirements.

This involves planning, implementing, and maintaining compliance standards across various regulatory regimes.

Key Responsibilities:

Regulatory Compliance Management:

- Assist in planning, designing, and implementing compliance standards.

- Ensure adherence to regulatory directives issued by RBI, NHB, SEBI, MCA, and other regulatory bodies.

- Conduct compliance risk assessments to identify potential areas of risk.

Policy and Procedure Development:

- Develop, implement, and maintain regulatory policies and procedures.

- Establish review mechanisms to ensure ongoing effectiveness of compliance programs.

Risk Management and Control:

- Develop controls for tracking and documenting regulatory risks.

- Identify opportunities for process improvement and risk control development.

Collaboration and Communication:

- Work closely with cross-functional teams to implement compliance requirements throughout the organization.

- Direct compliance issues through appropriate channels for resolution.

Recordkeeping and Reporting:

- Maintain organized compliance records in line with internal control and audit mechanisms.

- Monitor and ensure timely reporting, escalation, and remediation of compliance issues or deficiencies.

Assessment and Audit:

- Conduct regular assessments to evaluate the compliance of policies and procedures with relevant laws and regulations.

Qualifications and Skills:

- Educational Background: Typically requires a degree in law, business administration, finance, or a related field.

- Experience: Significant experience (usually 5+ years) in compliance, risk management, or a related field within the financial sector.

- Certifications: Professional certifications in compliance (e. g. , Certified Regulatory Compliance Manager - CRCM) may be preferred.

Skills: Strong understanding of regulatory requirements, excellent analytical skills, attention to detail, effective communication skills, and ability to collaborate across functions.