
Senior Regulatory Compliance Officer
4 days ago
Job Opportunity: Compliance Specialist
The primary function of this role is to ensure adherence to regulatory standards and statutes. The incumbent will be involved in key activities such as submitting returns, conducting compliance audits, assisting in preparing data packages, tracking regulatory changes, monitoring implementation of regulatory requirements, and developing and maintaining policies and processes.
Key Responsibilities:
- Submission of various returns with regulatory bodies within the stipulated deadline.
- Conducting independent compliance testing of various products.
- Assistance in preparing data packages for meetings and drafting minutes thereof.
- Tracking regulatory updates and disseminating information to internal stakeholders.
- Collaboration with internal teams to monitor implementation of regulatory requirements.
- Preparation of review notes for board/audit committee meetings.
- Development and maintenance of policies and processes related to compliance.
- Assistance in RBI inspection of the company and internal audit of the compliance function.
- Submission of suspicious transaction reports (STR) and other reports.
- Conducting compliance training sessions.
- Providing advisory services to branch/operations teams on KYC, beneficial owner, etc.
Requirements:
- Compliance professional with a graduate/postgraduate degree in law/commerce/management or qualified company secretary with at least 5-7 years of experience.
- Previous experience in compliance or audit departments in banks/NBFCs would be advantageous.
- Excellent verbal and written communication skills with attention to detail.
- Proficiency in Word, Excel, and PowerPoint.
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