About:
The organization is a new age digital lenderwith a focus on Micro Small and Medium Enterprises (MSMEs). They are a Systemically Important NonDeposit taking Non Banking Financial Company (NBFCNDSI) offering a wide range of products tailored to the dynamic needs of small businesses.
Job Profile:
Key Responsibilities:
- Compliance Policy Implementation Assist the Board and the Senior Management in overseeing the implementation of Compliance Policy including policies and procedures prescriptions in Compliance Manuals internal codes of conduct etc.
- Dissemination and implementation of Regulatory guidelines/Actions as per Regulatory Inspection Reports Ensure compliance of regulatory / supervisory directions given by RBI in both letter and spirit in a timebound and sustainable manner.
- Regulatory Advisory The Compliance Department shall also serve as a reference point for the staff from operational departments seeking clarifications / interpretation of various regulatory and statutory guidelines.
- Compliance risk assessment carry out an annual Compliance risk assessment in order to identify and assess major Compliance risks faced by them and prepare a plan to manage the risks.
- Compliance Testing Compliance Function shall monitor and test Compliance and the results of such Compliance testing shall be reported to the Senior Management.
- Facilitate smooth conduct of regulatory inspections.
- Tracking Track to ensure that regulatory returns are being submitted within timeline.
- Review policies processes business proposals marketing material customer communications from a regulatory compliance perspective
- Ensure policy formulation mainly relating to KYCAML FPC Outsourcing.
- Brief the management and concerned stakeholders on regulatory developments.
- Involvement of Compliance Function from initial stages in development of new products and processes
- To ensure closure of all the observations emanated out of the Inspection Reports
- Reporting to the RBI Reporting of various requirements to the RBI SSM team.
- Report suspicious transactions and cash transactions with FIU and ensure compliances under PMLA.
Requirements
Qualification & Experience
- CA /CA (Inter) / CS / CS(Inter)/ L.L.B.
- Candidates from Banks (HO)
- 2 to 5 yrs experience
Benefits
Best in the Industry.
Compliance risk assessment, Compliance policy implementation, Regulatory Advisory, Compliance testing, Policy formulation relating to KYC-AML