Senior Manager - Compliance - Mumbai - Lower Parel

Job Description

• Maintenance of compliance framework in line with the Regulatory Requirements Ensuring compliance on an ongoing basis with the various Regulatory Guidelines, Acts, etc To introduce and sustain good practices relating to the Compliance framework. Ensuring that the regulatory requirements are complied with while reviewing various policies, programs and various products & business processes To facilitate preventive measures for mitigating compliance risk resulting in material financial loss or loss to reputation, for the Company. To introduce a healthy compliance culture within the Company so that governing laws, rules, and regulations are effectively complied with. Oversee, co-ordinate and monitor the day-to-day compliance activities of the organization Ensuring timely dissemination of Regulatory guidelines highlighting the aspects of the guidelines together with the action points emanating from the guidelines Help Senior Management and the Audit Committee of Board (ACB) in recognizing and mitigating the compliance risks in the Company. Keeping the senior management and concerned stakeholders updated on the new circulars, amendments to existing circulars etc. Advising and assisting on compliance related aspects during new product launches / changes in existing product lines. Timely resolution of queries raised by Internal stakeholders on compliance related aspects wherever require Ensuring compliance with the company's internal policies and procedures Testing of compliances as per periodicity mentioned in the Compliance Testing Plan Conducting and facilitating AML Committee meeting and ensuring necessary reporting requirements. Liasoning with Inspection team and co-ordinating with various stakeholders across the Company during the Regulatory inspection for smooth conduct of the inspection. Assisting various team / stakeholders in rectifying deficiency / implementing recommendations of the regulator pointed in inspection. Attending to Internal Audit queries or requirements and defining IFC and ensuring compliance to their observations thereof. Development of training modules on various compliance related aspects. and conduct training sessions on compliance related aspects at appropriate forums Qualifications & Experience: CA/CS/MBA finance 4-5 years of related experience in the compliance function with an NBFC or a Bank