Senior Compliance Manager-NBFC

Job Title: Senior Manager/AVP Compliance – Mumbai

Job Responsibility:

• Design and implement a comprehensive compliance testing program to assess adherence to regulatory requirements.
• Performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps.
• Perform independent testing and review of internal controls to ensure compliance with applicable RBI regulations and prepare reports, and communicate results to the Senior Management and the Board.
• KYC-AML management including undertaking periodic risk assessment of clients and AML monitoring (CTR, STR filings)
• Filing of returns related to Fraud Risk Management and ongoing monitoring of frauds cases
• Drafting and review of key policies and procedures related to RBI regulations and other applicable laws
• Regularly assess the adequacy of compliance risk mitigating controls designed and recommend enhancements where necessary
• Tracking of whistle blower complaints
• Should be able to independently develop and maintain a compliance checklists, manuals, and other regulatory documentation for continuous monitoring
• Drafting Compliance Training material content
• Identify, assess and monitor compliance, bribery and fraud risks across all functions and departments in the organization. Maintain and update the Compliance Risk register annually.
• Reviewing documentation related to Vendor Risk Assessment
• Preparation of Compliance Status file comprising of circulars issued by RBI/SEBI/MCA/HR/Finance and Labor laws for presenting the same before the Board.
• Preparation of SOPs for RBI and IRDAI returns
• Monitor implementation of Daksh advisories and obtaining a status on the implementation from various depts.
• Regularly monitor changes in regulatory guidelines from RBI, IRDAI and update compliance processes accordingly.
• Conduct regular reviews to ensure compliance with all applicable RBI regulations.
• Undertaking regulatory reporting and coordinating with cross functional teams
• Providing support in RBI inspections and observations arising out of RBI inspections
• Collaborate with cross-functional teams to facilitate the implementation of compliance requirements.

Key Skills:

• Excellent analytical skills, attention to detail, and problem-solving abilities.
• Strong communication, report-writing, and presentation skills.
• Ability to work independently, manage multiple tasks, and meet deadlines.

Target Industry: BFSI

Mandatory: Looking for people from NBFC RBI regulatory compliance background

Gender: Open

Target Industry: NBFC only

Experience: Minimum 5 years of experience in Compliance roles within financial services industry, preferably NBFC

Job Location: Andheri East, Mumbai

Working Days: 5 days

Qualification: CA, CS or Full time MBA

Reporting To: Chief Compliance Officer

Notice Period: Immediate to 60 days

Relocation candidates: No

Job Types: Full-time, Permanent

Pay: ₹1,500,000.00 - ₹2,500,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Application Question(s):

• Need only CA, CS or Full time MBA candidates only for this role. Do you fulfil this requirement?
• Need candidates who have experience of working at NBFC. Do you fulfil this requirement?
• Do you have experience of RBI regulatory compliance?
• Need someone with at least 5 years of experience in Compliance roles within financial services industry, preferably NBFC. Do you fulfil this requirement?
• Work location is in Andheri ,hence need candidates from Mumbai itself. Where do you stay currently in Mumbai?
• Do you have experience of performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps?

Education:

• Secondary(10th Pass) (Preferred)

Experience:

• Compliance management: 5 years (Required)

Work Location: In person