Chief Vigilance Officer: Risk Management Expert
4 weeks ago
Muthoot Fincorp Ltd is seeking a highly skilled and experienced Chief Vigilance Officer to oversee and implement the company's vigilance framework. The ideal candidate will have a strong background in risk management, compliance, and fraud detection.
About the RoleThis is a challenging opportunity for a seasoned professional to lead the development and implementation of vigilance policies, conduct risk assessments, and investigate potential irregularities. The successful candidate will work closely with various departments and external authorities to ensure compliance with regulatory requirements and internal controls.
Key Responsibilities:- Develop and Implement Vigilance Policies: Establish a robust vigilance framework aligned with regulatory guidelines and company policies.
- Fraud Detection and Prevention: Conduct risk assessments, detect, investigate, and report fraudulent activities, and recommend corrective actions.
- Investigations and Reporting: Lead investigations into complaints, misconduct, and violations of company policies, prepare detailed reports, and ensure timely reporting.
- Compliance Monitoring: Monitor adherence to regulatory requirements, internal controls, and corporate governance standards, collaborate with Compliance and Legal teams, and address any lapses.
- Strong analytical and problem-solving skills, excellent communication and report-writing abilities, high level of integrity, discretion, and professionalism.
- Familiarity with RBI vigilance guidelines and NBFC compliance requirements, proficiency in using risk management and compliance software/tools.
- Minimum 15 years of experience in vigilance, compliance, or risk management roles, preferably in the NBFC/banking sector, proven track record of handling fraud detection, investigations, and regulatory compliance.
- Bachelor's degree in finance, Law, Business Administration, or related fields (master's degree preferred).
- A competitive salary package, including an estimated annual salary of ₹20,00,000 - ₹40,00,000 based on qualifications and experience.
- The opportunity to work with a leading financial services company and contribute to the growth and success of Muthoot Fincorp Ltd.
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