Address
SalaryDescription
Role:AVP/SrManager Risk and ComplianceAbout the client:
Our client is an IT Technology & Services Management MNC , supporting millions of internal and external customers with state of-the-art IT solutions to everyday problems & dedicated to bringing digital innovations to every aspect of the landscape of insurance. Our Client is a part of one of the major insurance groups based out of Germany and Europe. The Group is represented in around 26 countries worldwide, with Over 37,000 people worldwide, focusing mainly on Europe and Asia & offers a comprehensive range of insurances, pensions, investments and services by focusing on all cutting edge technologies majorly on Could, Digital, Robotics Automation, IoT, Voice Recognition, Big Data science, advanced mobile solutions and much more to accommodate the customers future needs around the globe.
Location: Hiranandani Garden , Powai
Candidates willing to relocate to Mumbai only need to apply
Exp: 10 years
Supervisor for IT Compliance Specialist and IT Compliance Generalist
Develops a coherent view on Compliance topics / Compliance risks within ET&S India.
Ensures proper knowledge level of compliance for employees by setting obligatory trainings
Develops reports to ensure outsourcing requirements (based on group standards and in close collaboration with group oversight)
Develops local compliance standards based on Group standards and local legal requirements
Ensure compliance to all applicable local and German laws, regulations and the policies, guidelines , work instructions adopted by the Company.
Ensure timely assessment of process areas and discuss the outcomes with Reporting Manager Ensure closure of any actionable within agreed timelines
Assist the Reporting Manager / Risk & Compliance team as and when advised by the Reporting Manager
Develop a training plan for the team members and for self. Ensure completion of the plan as per agreed timelines
Build and manage local Compliance function.
Key Accountabilities & Responsibilities:
Monitors all operational processes and procedures using the compliance management system/processes to ensure that the company complies with all legal regulations, global and ethical standards.
Responsible for ensuring the companys policies and procedures comply with local regulatory, group and ethical standards.
Maintain and provide systematic proof of both adherence to internal policies and the external laws, guidelines, or regulations imposed upon the company.
Implementing the compliance policies in the organization which include code of conduct, sanctions, aml, fatca/crs to name a few.
Ensuring all departments work basis the compliance standards and any risks identified are mitigated with proper measures.
Key Competencies & Skills required.
Should be a chartered accountant (CA).
Relevant experience in the field of compliance in the insurance sector, the financial sector, or other companies
Several years of managerial experience in an IT company/insurance and/or Banking Company Good Knowledge of Indian Laws, Regulations (including the IT ACT and related amendments)
Good knowledge of IT compliance activities
Must have 10 years of experience demonstrating leadership and management experience in a similar role
