Vigilance Leader

Muthoot Fincorp Ltd. is seeking a highly skilled Vigilance Leader to oversee and implement the company's vigilance framework.

As a Vigilance Leader, you will be responsible for ensuring transparency, compliance, and ethical conduct across all branches and departments. Your primary goal will be to prevent and address irregularities, frauds, and unethical practices, safeguarding the company's assets, reputation, and values.

• Develop and Implement Vigilance Policies:

Establish and maintain a robust vigilance framework aligned with regulatory guidelines and company policies. Draft and revise vigilance policies, procedures, and manuals as required.

• Fraud Detection and Prevention:

Conduct risk assessments to identify vulnerable areas prone to fraud or malpractices. Oversee the detection, investigation, and reporting of fraudulent activities. Recommend corrective actions to mitigate identified risks and vulnerabilities.

• Investigations and Reporting:

Lead investigations into complaints, misconduct, and violations of company policies. Prepare detailed reports on findings and recommendations for management or regulatory authorities. Ensure timely reporting of significant issues to the Managing Director/Board.

• Compliance Monitoring:

Monitor adherence to regulatory requirements, internal controls, and corporate governance standards. Collaborate with the Compliance and Legal teams to address any lapses.

• Training and Awareness:

Conduct training programs and awareness campaigns on ethical practices, anti-fraud measures, and vigilance guidelines for employees. Foster a culture of integrity and accountability within the organization.

The estimated salary for this role is ₹60,00,000 - ₹80,00,000 per annum, depending on experience.