Compliance: Retail Advisory

JOB OVERVIEW:

Regulatory Advisory: Incumbent will be responsible for providing regulatory clarifications to internal stakeholders and ensuring adherence to all regulatory requirements of the RBI and internal policies.

KEY RESPONSIBILITIES:

• Serve as the primary point of contact for retail business compliance including housing loans, personal loans, digital lending & LAP.
• Review retail products, new initiatives, or processes and lead compliance advisory, queries, and clarifications for the retail business.
• Review and update policies and procedures for the retail business.
• Monitor regulatory developments and assess their impact on our operations.
• Support the Chief Compliance Officer and the team in ensuring adherence to regulatory guidelines.
• Play a key role in driving key assignments/projects, including automation relating to compliance, and support businesses and other functions/products involving compliance by supervising and being responsible for end-to-end completion and implementation.
• Identify potential areas of compliance vulnerability and risks, and develop and implement corrective action plans for resolution.
• Responsible for handling regulatory inspections, including pre- and post-inspection activities
• Monitor and enforce compliance with internal policies and procedures across retail operations.
• Foster effective relationships with internal and external stakeholders.

QUALIFICATION:

CA/CS/ LLB/MBA/Post-Graduate

EXPERIENCE:

• Proven and rich experience of 8+ years in compliance with Banks/NBFCs/HFC.
• Practical knowledge of relevant regulatory requirements and guidelines related to retail lending.
• Strong analytical skills with the ability to interpret regulations.
• Team leader with excellent communication and interpersonal skills.