
Regulatory Compliance Specialist
2 days ago
Role Summary
We are seeking a Compliance Officer to ensure adherence to regulatory guidelines, support governance processes, manage audits and inspections, and provide compliance guidance to senior leadership and board-level committees.
Key Responsibilities:
- Regulatory Monitoring & Implementation:
- Continuously track and evaluate regulatory updates relevant to our organization.
- Assess the impact of regulatory changes on policies and business processes.
- Disseminate updates to senior management and ensure timely implementation.
- Compliance Advisory & Governance:
- Ensure strict adherence to RBI and SEBI guidelines.
- Provide compliance advisory to business teams on loan proposals and related matters.
- Present compliance updates and key issues to the Board and board committees.
- Reporting & Communication:
- Prepare and submit periodic returns to RBI and other regulators.
- Act as the single point of contact for regulatory queries and clarifications.
- Coordinate with group entities to share compliance updates and submit data.
- Testing & Review:
- Develop and implement the annual compliance testing plan.
- Report significant compliance lapses to the Audit Committee and senior leadership.
- Conduct regular compliance reviews and test internal controls across departments.
- Audit & Inspection Management:
- Lead annual RBI inspections, statutory and internal audits, and other regulatory reviews.
- Ensure audit readiness, effective participation, and timely closure of audit findings.
- Legal:
- Handle legal matters including contracts, compliance, litigation, and regulatory affairs.
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