AddressDesignation : Associate VP - Compliance
Department/Group: Risk
Location: Parel (Corporate Office)
Grade : Associate VP
Reporting Head: CEO
Qualifications : Company Secretary with an LLB Degree
Experience : 6-8 Years experience in Risk profile
Role and Responsibilities :
- Drafting and review of all policies and agreements as per applicable compliance framework
- Conducting internal compliance review and monitoring activities, including periodic review of the Department.
- Play key role in ensuring compliance under regulations issued by SEBI for Alternative Investment Funds (AIF) and by RBI for non-banking financial companies.
- Identify compliances applicable to the Company, identify implications and implement compliance requirements.
- Keep abreast of amendments in laws, regulations, directions, and guidelines applicable to the Company and ensure steps are taken as and when any new implications arise.
- Sensitize all departments for compliances to be ensured in their respective areas.
- Assist in creating organization-wide policies and create compliance framework for the Company.
- Ensure implementation of internal policies and procedures and creating awareness of the same.
- Drive the compliance monitoring program for the group.
- Ensuring periodic and even based filings with RBI and SEBI.
- Collaborate with the other functions / departments to ensure timely and accurate submission of returns and information to regulators.
- Assist in automating reporting and controls.
- Assist in dealing with queries raised by RBI, SEBI and or any other statutory bodies.
- Maintaining and updating compliance related MIS(s).
- Assist all departments in preparing and providing Compliance reports on a regular basis.
- Obtaining data from various departments, review of the same before submission to RBI during inspection.
- Assist in advising management of the legal, regulatory implication of proposed new initiatives of the Company.
- Liaising with various regulatory and government bodies for approval updates and ad hoc requests/query
- Dealing with queries raised by RBI or any other statutory bodies
- Highlight alleged violations of RBI laws, rules and regulations applicable to NBFCs and recommend procedures for corrective action.
- Liaise and build relations with the Registrar of Companies, Reserve Bank of India Depositories, and other statutory authorities; Periodically provide returns/forms required by them.
- To provide advice to management on good governance practices and compliance of Corporate Governance norms as prescribed under various Corporate and Other Business Laws and regulations and guidelines
- Preparing and providing Compliance report on a regular basis
