AddressAs per the core functions of Compliance, all circulars are to be understood and disseminated to the relevant functions and departments along with the expected actions. The compliance officer is also required to follow up on these actionable and ensure proper guardrails/ Controls are fixed for each of the regulatory items
- Primarily to support business Advisory, to maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices
- Provide advisory services to business, in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products
- Ensure the company is compliant with all the applicable regulatory guidelines
- Disseminating regulations to business and support function and provide ongoing advisory services
- Play the central role in identifying the level of regulatory Compliance risk in the NBFC, the compliance risks in existing / new products and processes shall be analysed and appropriate risk mitigants put in place
- Support in overseeing the critical Compliance policies and systems that impact the NBFC and ensure that the Groups exposure to Regulatory Compliance is managed in a commercially sensitive, practical and cost-effective manner.
- To exercise risk steward challenge, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners.
- Good understanding of regulatory agency examining banks, in the field of banking compliance providing advice and/or guidance on banking regulations and possess
- Act as advisory to training team wrt to compliance policies and processes to be followed.
