Testing Framework
Assist in preparing annual compliance testing plan for senior management
Review and Track monthly & quarterly plans/scope and update senior compliance leadership on progress
Provide detailed report to Compliance senior management on a regular basis of the review conducted in a month and critical gaps identified during the review along with status

Regulatory Compliance
Review the testing checklists required for the review for each regulated business
Review loan book, regulatory returns and other information submitted to RBI / NHB
Develop solutions to address specific challenges faced by the business units in regulatory compliance matters including impact assessments

Business, Policies & Processes
Develop a comprehensive understanding of Company's business, systems, Policies and processes.
Acquire in-depth process understanding for planned audits, including processes, systems involved, data flow, and datasets.
Formulate queries, lead process walkthroughs with key business stakeholders and document the outcome with thorough identification of risks and controls.
Drives and understand root cause of the observations and ensure
implantation of corrective actions.
Co-ordinate/Collaborate with various verticals such as Compliance, Credit, CX, Ops, Product and tech teams for ensuring overall compliance framework

Systems/Journeys
Assess the loan journeys, internal tech journeys and developments to ensure adherence to regulatory guidelines and internal policies/processes

Identification, Reporting and Mitigation of Compliance Risks
Carry out Annual Compliance Risk assessment and mitigation actions
Assist the Compliance leadership in providing updates to senior management on the critical compliance issues for immediate attention and escalations

Regulatory Inspections/Audits
Provide constant support during regulatory inspections
To act as a bridge between Internal Audit/Regulators and Business to follow up on IA recommended action closures by business units

Lead compliance testing team

Qualification

Essential – CA / CS / CIA / MBA Finance

Preferred – CA/CS

Manager - Compliance Testing

Manager/Sr. Mg - Internal Controls - Process Audit, Compliance Testing