Manager - RBI Compliance

Job Purpose:

This position is responsible to understand and support in implementation and monitoring of the regulatory / statutory guidelines across the organization.

Key Responsibilities:

• Monitoring RBI and other Statutory guidelines on an ongoing basis, intimating process owners on the requirements, clarifying dept/process owner queries, implementation of directions in coordination with process owners, ensuring compliance within timelines and periodic reporting of the status.
• Compliance Risk Assessment, defining compliance controls and mitigation measures.
• Support the reporting manager in carrying 'Compliance Risk Assessment exercise (Impact Assessment, Likelihood Assessment, Inherent Risk Assessment, Control mapping and Residual Risk Assessment) for all regulatory and statutory directions across all product verticals and process owners.
• Support the reporting manager in undertaking advisory function across business verticals on the following and advise/guide the team on the compliance aspects; a. new product approvals, b. new partnership arrangements, c. policy rollout or amendment to policies, d. Customer complaints.
• Support the reporting manager in mapping compliance obligations in the Compliance Monitoring tool to process owners on an ongoing basis.
• Driving compliance awareness across the organization periodically (KYC/AML,FPC, Fraud Reporting, Corporate Governance etc)
• Support the reporting manager in handling RBI inspection and finalization of responses, day to day RBI Correspondences, returns filing and circulation of Compliance MIS.

Job Requirements:

• CA/ CMA / MBA Finance
• Min of 3 -5 years experience in regulatory / RBI Compliance
• Experience in handling various projects
• Drive and initiative, strong commitment, ability to take ownership, analytical acumen, eye for details, Smart thinking
• High level of integrity, professionalism, and attention to detail