Senior Manager/Assistant Vice President - Compliance - NBFC

Sr. Manager/AVP Compliance

Job Title : Sr. Manager/AVP Compliance Mumbai

Job Responsibility :

• Design and implement a comprehensive compliance testing program to assess adherence to regulatory requirements.

• Performing control testing for Anti-Bribery and Anti-Corruption (ABAC) Policies and coming up with internal control gaps.

• Perform independent testing and review of internal controls to ensure compliance with applicable RBI regulations and prepare reports, and communicate results to the Senior Management and the Board.

• KYC-AML management including undertaking periodic risk assessment of clients and AML monitoring (CTR, STR filings)

• Filing of returns related to Fraud Risk Management and ongoing monitoring of frauds cases

• Drafting and review of key policies and procedures related to RBI regulations and other applicable laws

• Regularly assess the adequacy of compliance risk mitigating controls designed and recommend enhancements where necessary

• Tracking of whistle blower complaints

• Should be able to independently develop and maintain a compliance checklists, manuals, and other regulatory documentation for continuous monitoring

• Drafting Compliance Training material content

• Identify, assess and monitor compliance, bribery and fraud risks across all functions and departments in the organization. Maintain and update the Compliance Risk register annually.

• Reviewing documentation related to Vendor Risk Assessment

• Preparation of Compliance Status file comprising of circulars issued by RBI/SEBI/MCA/HR/Finance and Labour laws for presenting the same before the Board.

• Preparation of SOPs for RBI and IRDAI returns

• Monitor implementation of Daksh advisories and obtaining a status on the implementation from various depts.

• Regularly monitor changes in regulatory guidelines from RBI, IRDAI and update compliance processes accordingly.

• Conduct regular reviews to ensure compliance with all applicable RBI regulations.

• Undertaking regulatory reporting and coordinating with cross functional teams

• Providing support in RBI inspections and observations arising out of RBI inspections

• Collaborate with cross-functional teams to facilitate the implementation of compliance requirements.

Key Skills :

• Excellent analytical skills, attention to detail, and problem-solving abilities.

• Strong communication, report-writing, and presentation skills.

• Ability to work independently, manage multiple tasks, and meet deadlines.

Mandatory :

Looking for people from NBFC RBI regulatory compliance background

Target Industry : NBFC only

Experience : Minimum 6 years of experience in Compliance roles withing financial services industry, preferably NBFC

Job Location : Andheri East, Mumbai

Working Days : 5 days

Qualification : CA, CS or Full time MBA

Reporting To : Chief Compliance Officer

Notice Period : Immediate to 60 days

Relocation candidates : No

About Morpheus Consulting :

Morpheus Consulting understands the dynamics attached to talent acquisition, relationship management and the required service levels within the regional industry. Our heritage is now our main strength as we continue to work within our core markets to deliver key account management and strong contingency recruitment practices to our clients and candidates.

Recruitment is a people-focused business our success and growth are reliant upon our people. Our team of 130 consultants based in Middle east, Asia and Africa offer a blend of international recruitment experience, coupled with a platform of local market and industry knowledge. Morpheus Consulting has its presence since 2007 and has established itself as a reputed recruitment specialist in its industry.

With footprints in Asia, Africa and the Middle East, we offer professional and bespoke contingency and retained search services across a variety of industrial sectors. This vast experience, industry expertise and knowledge enables our consultants to identify and present the highest quality candidates to our clients, in line with their business objectives and culture. We have built our brand by investing in people, whether it is our own consultants, candidates, or clients. This core value is central to our success, which underpins everything we do, and in return has translated into a successful and established Morpheus Consulting brand that our clients and candidates can trust.