Manager - Compliance

Found in: Whatjobs IN C2 - 2 weeks ago

mumbai, India Tata AIA Life Insurance Full time

JOB DESCRIPTION

A Position Overview

Position Title

Manager Compliance

Department

Compliance 

Level/ Band

Manager

Count

1

Locations

Lower Parel, Peninsula Business Park, Mumbai

Role Summary: 

Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance. Implementation of Revised Red Flag Indicator & reporting format issued by FIU-Ind and ensure compliance. Developing and enhancing controls within processes, systems to adhere to regulatory directions. Preparation of AML Policy in line with the Regulatory requirement and update it regularly depending upon Regulatory changes or any other relevant factors.  Ensuring compliance to AML Policy. Setting up processes for categorization of customer into High and Low Risk through various control mechanism such as AML Risk Grids, and market study etc. Analyzing, monitoring, disposition of s and transaction. Preparation of ground of suspicion and filing of Reports under new FINnet 2.0 portal with the relevant Authority post approval from the Principal Officer. Filing of Monthly and Annual Statutory returns: Cash Transaction Report (CTR);Counterfeit Currency Report (CCR); Non-Profit Organization Transaction Report (NTR);Suspicious Transaction Report (STR). Perform Product Risk Assessment for risk categorization of product. Preparing the AML Training content and ensuring all new, existing Employees and Agents are trained on AML.  Screening of Customers, Agents etc. on ongoing basis and identifying reportable transactions. Conduct open-source search to find relevant information to complete the analysis and review. Reviewing Politically Exposed Person (PEP) – High Risk case before issuance of the policy. Circulating the FATF identified countries list to the relevant stakeholders and ensure compliance. Regular communication on AML/CFT regulation/policy to all Employees through emailer or other mode. Advisory on AML queries raised/opinion received from Regulator, Company Sales and Operations functions. Monthly and Annual review conducted to check adherence of AML Risk Grid, AML policy and sharing of observation. Filing of Annual Compliance Certificate with the local regulator. Presenting Monthly, Quarterly and Annual status update to Senior Management. Liaison with Auditors, FIU-Ind and IRDAI if required.

B Organizational Relationships

Reports To

AVP- Compliance

Supervises

Same as above

C Job Dimensions

Geographic Area Covered

Mumbai

Internal Stakeholders

All functions of the Company

External

FIU-Ind and IRDAI 

D Key Result Areas

Organization Process

Key Contributions

Sales 

Establish AML Risk Grid for various channel with relevant Board approvals. Ensuring effective implementation of AML/KYC process in various operational and business process. Establishment of awareness and training program on AML/KYC norms. Provide well researched legal advice to business within prescribed timelines.

Relationship Management

Establishment of effective communication mechanism on Compliance culture, AML & KYC norms as per Annual Ethics Communication plan. Liaison with IRDAI & FIU-Ind to resolve business issues.

Ensure Compliance

Effective Implementation of AML/KYC regulations and statutes on regular basis. Review of AML Policy, AML processes, SOPs, Framework, regulatory impact on processes and recommend changes. Ensuring building of appropriate control mechanism within processes, systems to ensure that regulations are adhered to. Ensuring appropriate reporting of suspicious transaction cases on a regular basis. Enhancement of Software and technology for generation of s and reporting. Respond to queries raised on any issues pertaining to AML/CFT guidelines and rules. No significant outage or adverse remarks from IRDAI / GIA.

MIS

Maintaining Monthly, Quarterly and Annual filling MIS.

E Skills Required

Technical

Regulatory Requirements:  knowledge and understanding of Red Flag Indicator and revised reporting format issued by FIU-Ind; & AML Master Guidelines issued by IRDAI and how to meet these on a day-to-day basis. Analytical Thinking and Judgment:  Ability to reach decisions by using the information systematically; ability to interpret complex concepts and cause and effect relationships.  Company & Industry Know How:  knowledge and understanding of the organization & industry. Drafting & Documentation Skills:  Good Documentation skills for record maintenance Negotiation Skills:  Effectively exploring alternatives to reach outcomes that gain the support and acceptance of all parties. Subject Matter Expertise:  Has complete domain knowledge. Connecting with Others:  Ability to effectively bring together diverse teams to jointly create results

Behavioral

Essential

Desired

Interpersonal skills

Communication skills

Creative thinking skills

Supervising/Leadership skills

Teamwork Skills

Influencing skills

Relationship Building skills

Decision making skills

High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines.

F Incumbent Characteristics 

Essential

Desired

Qualification

Graduate & above 

Professional Degree (CA, CS)

Experience

4-6 years of experience in AML Compliance

Age

Any 

  • Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India VFS Global Full time

    Designation: Deputy ManagerRole: Sr. Executive Compliance (Anti-Bribery & Corruption and Due Diligence)Promote an organizational culture that values integrity and compliance.a repository of lessons learned relating to compliance.and implement actions for mitigation/resolution of problematic issues and provide general guidance on how to avoid or deal with...

  • Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    Mumbai, India VFS Global Full time

    Designation: Deputy Manager Role: Sr. Executive Compliance (Anti-Bribery & Corruption and Due Diligence) Promote an organizational culture that values integrity and compliance. a repository of lessons learned relating to compliance. and implement actions for mitigation/resolution of problematic issues and provide general guidance on how to avoid or deal...

  • Compliance Manager

    Found in: Talent IN 2A C2 - 2 weeks ago

    Mumbai, India VFS Global Full time

    Designation: Deputy Manager Role: Sr. Executive Compliance (Anti-Bribery & Corruption and Due Diligence)Promote an organizational culture that values integrity and compliance.a repository of lessons learned relating to compliance.and implement actions for mitigation/resolution of problematic issues and provide general guidance on how to avoid or deal with...

  • Compliance Manager

    Found in: Appcast Linkedin IN C2 - 3 weeks ago

    Mumbai, India VFS Global Full time

    Designation: Deputy Manager Role: Sr. Executive Compliance (Anti-Bribery & Corruption and Due Diligence)Promote an organizational culture that values integrity and compliance.a repository of lessons learned relating to compliance.and implement actions for mitigation/resolution of problematic issues and provide general guidance on how to avoid or deal with...

  • Manager - Compliance

    Found in: Talent IN C2 - 2 weeks ago

    Mumbai, India Tata AIA Life Insurance Full time

    JOB DESCRIPTION A Position Overview Position Title Manager Compliance Department Compliance  Level/ Band Manager Count 1 Locations Lower Parel, Peninsula Business Park, Mumbai Role Summary:  Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance. Implementation of Revised...

  • Senior Compliance Manager-Compliance Testing

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India IDFC FIRST Bank Full time

    Role Job Title : Senior Compliance Manager – Compliance Testing Function Department:  Compliance Job Purpose: Responsibilities typically include designing testing strategies, conducting reviews, analysing data, preparing reports, continuous engagement with stakeholders to ensure suitable corrective action. Strong knowledge of banking...

  • Senior Compliance Manager-Compliance Testing

    Found in: Talent IN C2 - 2 weeks ago

    Mumbai, India IDFC FIRST Bank Full time

    Role Job Title : Senior Compliance Manager – Compliance Testing Function Department:  Compliance Job Purpose: Responsibilities typically include designing testing strategies, conducting reviews, analysing data, preparing reports, continuous engagement with stakeholders to ensure suitable corrective action. Strong knowledge of banking regulations,...

  • Manager- Compliance Mumbai

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India Paradise Placement Consultancy Full time

    Job Description: To ensure 100% compliances under all the applicable employment and labour laws and rapid closure ofcompliance issues in stipulated timelines. Major Responsibiliities :o Ensuring 100% compliance in all the Branches, Regional / Zonal & Head offices ofcompany under all the applicable Employment & Labour Laws.o Complying with the...

  • Manager - Compliance - Mumbai

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India ICICI Prudential Life Insurance Full time

    Job Details Manager - Compliance - Mumbai 3 - 5 Yrs Mumbai Manager-II Job description The role requires the employee to execute the tasks allotted by the reporting manager(s), in relation to the following compliance areas: Regulatory updates, IRDAI reporting and implementation- Review regulatory updates, timely and accurate...

  • Manager - Compliance - Mumbai

    Found in: Talent IN C2 - 2 weeks ago

    Mumbai, India ICICI Prudential Life Insurance Full time

    Job Details Manager - Compliance - Mumbai 3 - 5 Yrs Mumbai Manager-II Job description The role requires the employee to execute the tasks allotted by the reporting manager(s), in relation to the following compliance areas: Regulatory updates, IRDAI reporting and implementation- Review regulatory updates, timely and accurate regulatory...

  • Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India New Horizon Full time

    We are urgently looking Compliance Manager for reputed Staffing industry at Vikhroli and Malad, Mumbai Exp required : Min 6 Yrs( recruitment/staffing industry Exp is must) Responsibilities: Scope: (Weightage 40%) Regulatory work under CLRA + Profession Tax PT Registration and attending PT notice and Hearing and Assessment Obtaining new licences under...

  • Compliance Manager

    Found in: Talent IN C2 - 2 weeks ago

    Mumbai, India New Horizon Full time

    We are urgently looking Compliance Manager for reputed Staffing industry at Vikhroli and Malad, MumbaiExp required : Min 6 Yrs( recruitment/staffing industry Exp is must)Responsibilities:Scope: (Weightage 40%) Regulatory work under CLRA + Profession Tax PT Registration and attending PT notice and Hearing and Assessment Obtaining new licences under CLRA+...

  • Payroll Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    navi mumbai, India Black Box Full time

    Role: Compliance & Payroll ManagerThe Payroll Compliance Manager will be responsible for ensuring compliance with all the statutory payroll regulations required by the organisation and lead the payroll compliance for India, MEA & APAC. The key aspect of the role will be monitoring regulatory changes and ensuring that the company is compliant with all...

  • Finance Manager Compliance

    Found in: Whatjobs IN C2 - 6 days ago

    mumbai, India blinkdigital Full time

    Join our team as a FinanceManager Compliance on an exciting journey in the world of digitalmarketing. The ideal candidate will be responsible for ensuringthat our financial practices and procedures comply with allrelevant regulations and laws including foreign currency compliancetransfer pricing foreign exchange certificates compliance GSTcompliance...

  • Finance Manager Compliance

    Found in: Talent IN C2 - 2 weeks ago

    Mumbai, India blinkdigital Full time

    Join our team as a FinanceManager Compliance on an exciting journey in the world of digitalmarketing. The ideal candidate will be responsible for ensuringthat our financial practices and procedures comply with allrelevant regulations and laws including foreign currency compliancetransfer pricing foreign exchange certificates compliance GSTcompliance...

  • Manager/Senior Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    mumbai, India Skill Ventory Full time

    Roles and Responsibilities • Ensure due compliance under the Companies Act, 3, SEBI Regulations, FEMA, RBI and other applicable laws;• Ensuring governance-related requirements are met;• Assist in ensuring that appropriate Company Secretarial Practices are developed, implemented and continuously improved as per relevant regulatory requirements...

  • Payroll Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    Navi Mumbai, India Black Box Full time

    Role:Compliance & Payroll ManagerThe Payroll Compliance Manager will be responsible for ensuring compliance with all the statutory payroll regulations required by the organisation and lead the payroll compliance for India, MEA & APAC. The key aspect of the role will be monitoring regulatory changes and ensuring that the company is compliant with all relevant...

  • Payroll Compliance Manager

    Found in: Whatjobs IN C2 - 2 weeks ago

    Navi Mumbai, India Black Box Full time

    Role: Compliance & Payroll Manager The Payroll Compliance Manager will be responsible for ensuring compliance with all the statutory payroll regulations required by the organisation and lead the payroll compliance for India, MEA & APAC. The key aspect of the role will be monitoring regulatory changes and ensuring that the company is compliant with all...

  • Payroll Compliance Manager

    Found in: Appcast Linkedin IN C2 - 3 weeks ago

    Navi Mumbai, India Black Box Full time

    Role: Compliance & Payroll ManagerThe Payroll Compliance Manager will be responsible for ensuring compliance with all the statutory payroll regulations required by the organisation and lead the payroll compliance for India, MEA & APAC. The key aspect of the role will be monitoring regulatory changes and ensuring that the company is compliant with all...

  • Payroll Compliance Manager

    Found in: Talent IN 2A C2 - 2 weeks ago

    Navi Mumbai, India Black Box Full time

    Role: Compliance & Payroll ManagerThe Payroll Compliance Manager will be responsible for ensuring compliance with all the statutory payroll regulations required by the organisation and lead the payroll compliance for India, MEA & APAC. The key aspect of the role will be monitoring regulatory changes and ensuring that the company is compliant with all...