Head of Compliance

3 weeks ago


Gurugram, India IndusInd Bank Full time

Job Description


  • 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.


Work Experience & Skill Set


  • Minimum of 10+ years of experience in compliance roles within the financial services industry, with a focus on banking
  • 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 advantageous.



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