Lead - Outsourcing Compliance

23 hours ago

Pune Corporate Office Weikfield Pune India Tier MAHARASHTRA West Bajaj Finance Limited Full time ₹ 12,00,000 - ₹ 24,00,000 per year
Job Purpose
This job exists to onboard vendors and manage code creation process across all businesses with specific emphasis on RBI regulatory requirements.Duties and Responsibilities
 Ensuring completeness and accuracy of vendor related data
 Provide data within internal / external teams for:
a. RBI inspections / audits
b. Internal audits of Credit Operations
c. Internal audits of other departments within BFL
 Managing a team setup at Outsourced/Inhouse location
 Monitoring all partner onboarding channel TAT & SLA's.
 Handle different type of queries from field team and Business.
 Manage escalations from Businesses and other stakeholders.
 Managing Quality performance of team.
 Initiate multiple projects to minimize error and increase productivity of team
 Identify area of opportunities to simplify onboarding journey of partner.
 Co-ordination with Business and IT for any process change or new process implementation.
 Raising BRDs for any system requirement or change request.
 Co-ordination with business team and IT team for system change management and testing
 Act as project driver for projects and to produce reports for status/result tracking. Identify process improvement opportunities and champion new initiatives to make process scalable.
 Reconciliation between all the systems & to identify the gaps.
 Documents storage and reconciliation of codes.
 Driving the projects related to AOP, LRS to achieve the business goals.
Team management
 Participate in selection process to identify the right talent for positions within the team
 Determine individual training needs and development plans to build expertise and enhance skills in the team
 Set objectives, conduct reviews and close appraisal processes for the team as per timelines
 Conducting team discussions on AOP related activities like financials and ProjectsKey Decisions / Dimensions
Following decisions are taken by the role:
 Facilitate businesses in onboarding right vendors
 Ensure seamless execution of code creation on multiple systems
 Manage productivity of agents and to keep improving the sameMajor Challenges
 RBI related vigilance in maintaining vendor related documents (agreements, KYC etc.) and data
 Multiple system level issues / challenges which take higher time to get resolved
 Changes in Regulatory and legal requirement as this impacts the projects decision / changes to be made to the processesRequired Qualifications and Experience
a) Qualifications
 MBA / Graduate
b) Work Experience
 Minimum 8 years of experience in financial industry
 Past experience in onboarding and operations will be an added advantage
 Should be aware of RBI norms pertaining to KYC and Outsourcing Compliance

  • Lead - Compliance

    13 hours ago

    Pune Corporate Office - PTP, Tier , India, Pune, West, MAHARASHTRA Bajaj Finance Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job PurposeCompliance testing Lead a team for Compliance testing of various products and processes. Develop a compliance testing plan, determine scope & testing methodology, lead a team for execution, discuss & obtain responses with action plan and present the results to Senior Management.Duties and ResponsibilitiesCompliance testing and product...

  • Lead - Compliance/Senior Lead - Compliance

    17 hours ago

    Pune, MAHARASHTRA, West, India, Tier , Pune Corporate Office - PTP Bajaj Finance Limited Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Job PurposeCompliance testing Perform Compliance testing of various products and processes. Determine scope & testing methodology in line with the Compliance testing plan, perform testing, discuss & obtain responses with action plan and present the results to Senior Management.Duties and ResponsibilitiesCompliance testing and product reviewsCompliance...

  • Lead - Compliance

    10 hours ago

    India, Pune, West, Pune Corporate Office - PTP, Tier , MAHARASHTRA Bajaj Finance Limited Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Job PurposeCompliance advisory role involves providing guidance and support to organisations on compliance matters. Compliance advisors stay up to date with legal and regulatory developments, assess their impact on the organisation, and provide recommendations to ensure compliance.Duties and Responsibilities• Providing advice on all lending & deposit...

  • Cluster Manager

    13 hours ago

    Tier , India, West, MAHARASHTRA, Pune, Pune Corporate Office - Mantri Bajaj Finance Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job PurposeIT Outsourcing Compliance will be responsible for ensuring that all IT outsourcing activities within the NBFC are compliant with applicable regulatory guidelines (RBI ), internal policies, and industry best practices. This role involves close coordination with vendors, internal stakeholders, and audit teams to maintain a robust compliance...

  • Unit Manager

    23 hours ago

    India, Pune, Pune Corporate Office - Mantri, MAHARASHTRA, West, Tier Bajaj Finance Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job PurposeThe IT Outsourcing Manager will oversee the end-to-end lifecycle of IT outsourcing engagements, ensuring alignment with regulatory requirements, organizational policies, and strategic objectives. The role involves vendor management, contract governance, risk mitigation, and coordination with internal stakeholders to ensure seamless delivery of...

  • Outsourcing Officer

    3 days ago

    Mumbai, Maharashtra, India PayU Full time

    **About PayU** PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. As a...

  • Outsourcing Manager

    3 weeks ago

    india, IN Revolut Full time

    About RevolutPeople deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day.As we continue our...

  • Outsourcing Manager

    3 weeks ago

    India Revolut Full time

    About RevolutPeople deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day.As we continue our...

  • Outsourcing Manager

    3 weeks ago

    India Revolut Full time

    About Revolut People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day. As we continue our...

  • Outsourcing Manager

    2 weeks ago

    India Revolut Full time

    About Revolut People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day. As we continue our...