Compliance Risk Manager

14 hours ago


India Paytm Payments Bank Full time

At Paytm Payments Bank, we're seeking a seasoned Compliance Risk Manager to oversee our regulatory compliance efforts and ensure seamless operations. This pivotal role will be responsible for driving timely implementation of regulatory changes across various business units.

Key Responsibilities:

  • Regulatory Adherence: Assess applicable regulatory guidelines, identify actions emanating from these guidelines, and drive their prompt dissemination to concerned business units.
  • Compliance Management Program: Formulate policies, review relevant MIS, and escalate issues in a timely manner to maintain an effective compliance management program.
  • Advisory Role: Advise business units on processes and controls from a compliance standpoint to ensure adherence to regulatory guidelines.
  • Regulatory Engagements: Engage with regulatory authorities to facilitate discussions and/or seek specific guidance on critical matters.

Monitoring and Assessment:

  • Process Effectiveness: Consistently monitor the effectiveness of processes and controls through Key Compliance Indicators (KCIs) and compliance testing.
  • Non-Compliance Identification: Identify non-compliance/breaches through various sources and advise business units on remedial action plans.
  • Annual Compliance Risk Assessment: Conduct annual compliance risk assessments and identify critical units/focus areas for mitigation of compliance risk.
  • Compliance Training: Assist in developing and administering compliance training to business units.

Reporting:

  • Board Reporting: Report and update the Board/Audit Committee on important regulations and non-compliances/breaches observed in various areas.

We offer a competitive salary of ₹20 lakhs per annum, along with opportunities for growth and professional development in a dynamic environment. If you have 5+ years of experience in a similar role and possess ICWA/Engineer (ITSC)/Chartered Accountant or MBA/Postgraduate qualifications with a banking background, we encourage you to apply.



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