Compliance Lead - Finance (12-15 yrs)

To oversee the compliance and regulatory function and to provide continuous oversight over the compliance and regulatory aspect, product compliance, processes and policies in the Company. The role will report to the General Counsel.

Responsibilities will include

The Compliance Officer's primary responsibility will be to have oversight of the organization's compliance and regulatory vertical , to ensure that the organization (and its employees) are following the rules and regulations of regulatory agencies, company policies and procedures and firm-wide standards of conduct.

Functional Expertise

- Compliance Program Management: Develop, maintain, and administer the company's compliance program to ensure adherence to applicable laws and regulations in India. Implement cost-effective compliance solutions to enhance organizational compliance.

- Regulatory Navigation: Navigate regulatory complexities to ensure that products offered by the company are fully compliant with legal standards.

- Compliance Policies and Procedures: Establish, implement, and manage compliance policies, procedures, and monitoring mechanisms to ensure effectiveness and efficiency in identifying, preventing, detecting, and correcting non-compliance.

- Third-Party and Regulatory Audits: Oversee and manage third-party examinations and regulatory audits. Ensure accurate and timely completion of information requests from regulators.

- Product Compliance: Ensure product compliance with relevant regulations, particularly dealing with the Reserve Bank of India (RBI).

- Compliance Training Programs: Develop and oversee compliance training programs for management and employees.

- Compliance Manual Maintenance: Maintain the Compliance Manual and update management on changes in the regulatory environment.

- Policy Implementation: Implement and manage various policies including code of conduct, whistleblower/vigil mechanism, insider trading, CSR, and anti-bribery policies.

Problem Solving

- Risk and Compliance Assessment: Proactively assess and prioritize risk and compliance issues within the organization. Develop and implement strategies to address these issues effectively.

- Regulatory Complexity Resolution: Address and resolve ambiguities and complexities in regulatory requirements to ensure compliance in product development and other organizational functions.

- Guidance on Emerging Issues: Provide advice and insight into new and emerging compliance issues, helping the company establish controls to mitigate compliance risk.

- Non-Compliance Correction: Efficiently identify, prevent, detect, and correct instances of non-compliance with internal policies and regulatory requirements.

Interaction

- Consultation and Advice: Provide ongoing advice and consultation to all business functions and management on compliance and risk management matters.

- Ethics and Business Conduct Guidance: Offer guidance on ethics, business conduct, and compliance matters, ensuring that all employees adhere to established standards.

- Collaboration with Regulators: Act as the point of contact for regulators during audits and information requests, ensuring clear and timely communication.

- Management Reporting: Regularly update management on compliance matters, changes in the regulatory environment, and the status of compliance programs.

- Cross-Functional Coordination: Work collaboratively with different departments to ensure that compliance policies are integrated into all business processes and operations.

Skills, experiences & behaviors :-

- The Compliance officer must have experience in overseeing third-party examinations and audits including regulatory audits

- Possess a network of strong relationships with relevant regulators as well as others in the industry

- Excellent drafting skills

- Able to identify and escalate issues timely and appropriately

- Strong analytical and communication skills

- Independent and self-motivated.

- Strong management skills

- Ability to work under pressure, prioritize and respond to business needs and goals

- PPI/PA/PG and Banking experience preferred