AddressHead of Compliance
Our client is one of the Leading Well established NBFC in the Indian market
Location - Chennai
Responsibilities
- Develop, implement, and maintain comprehensive compliance policies, procedures, and controls in accordance with applicable laws and regulations.
- Conduct regular compliance risk assessments and audits to identify areas of non-compliance and recommend corrective actions.
- Keep abreast of changes in regulatory requirements and assess their impact on the company's operations, providing guidance and recommendations to senior management.
- Establish and maintain effective communication channels with regulatory authorities, ensuring timely reporting and resolution of compliance issues.
- Provide leadership and guidance to the compliance team, fostering a culture of integrity, accountability, and continuous improvement.
- Collaborate with internal stakeholders, including legal, risk management, and business units, to ensure alignment of compliance objectives with business goals.
- Conduct training sessions and workshops to educate employees on compliance requirements and promote awareness of ethical standards and best practices.
- Monitor and review compliance-related incidents, investigations, and complaints, taking appropriate actions to mitigate risks and prevent recurrence.
- Prepare and present regular reports to the board of directors and senior management on compliance activities, issues, and trends.
Must Have
- 15 plus years of experience in compliance roles within the financial services industry, with a focus on banking or non-banking financial companies (NBFCs).
- Proven track record of designing and implementing compliance programs that effectively address regulatory requirements and mitigate risks.
- Thorough understanding of relevant laws, regulations, and guidelines governing the financial services sector in India, including but not limited to RBI regulations, SEBI guidelines, and Anti-Money Laundering (AML) laws.
- Strong leadership skills with the ability to influence and engage stakeholders at all levels of the organization.
- Excellent analytical, problem-solving, and decision-making abilities, with attention to detail and accuracy.
- Exceptional communication and interpersonal skills, with the ability to articulate complex compliance issues clearly and concisely.
- Professional certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) would be preferred.
