
Risk Management Specialist
3 days ago
Job Summary:
A Risk Management Specialist is needed to oversee regulatory compliance across the organization, ensuring adherence to laws and regulations.
Key Responsibilities
- Stay up-to-date with regulatory changes affecting our business.
- Evaluate the impact of these changes on company policies and processes.
- Communicate updates promptly to senior management for timely implementation.
- Maintain strict adherence to RBI and SEBI guidelines.
- Offer compliance guidance to business teams regarding loan proposals and related matters.
- Present compliance updates and key issues to the Board and board committees.
- Prepare and submit periodic returns to RBI and other regulators.
- Serve as a single point of contact for regulatory queries and clarifications.
- Coordinate with group entities to share compliance updates and submit data.
- Develop and implement an 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.
- Lead annual RBI inspections, statutory and internal audits, and other regulatory reviews.
- Ensure audit readiness, effective participation, and timely closure of audit findings.
- Manage legal matters including contracts, compliance, litigation, and regulatory affairs.
Qualifications & Skills:
- Bachelor's or Master's degree in Law, Finance, or a related field.
- 7–13 years of experience in regulatory compliance, preferably in banking or NBFC sector.
- Strong understanding of RBI and SEBI regulations and financial compliance frameworks.
- Excellent communication, analytical, and stakeholder management skills.
- Experience in handling audits, inspections, and board-level presentations.
Preferred Attributes:
- Certification in Compliance, Risk Management, or related areas.
- Experience in policy drafting and governance.
- Familiarity with compliance systems and automation tools.
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