Cluster Manager - Compliance/Senior Cluster Manager - Compliance

Location Name:

Job Purpose

Duties And Responsibilities

Key Responsibilities

•  Conduct walkthrough, understand the regulatory requirements and BFL processes to meet those requirements, accordingly develop testing procedures.
•  Determine scope and perform compliance testing of various products and processes.
•  Discuss the results with Business Heads and provide recommendations as necessary.
•  Obtain responses with action plan and timelines.
•  Present the results to the Senior Management.
•  Track actionables for appropriate closure.
  

Key Decisions / Dimensions

•  Prioritize area of focus and accordingly develop testing approach.
•  Deciding the approach for data analysis, consider risk-based sampling methodology.
  

Major Challenges

•  BFL is a fast-paced growing organization with multiple business lines and product families. The business processes are changing at a very fast pace, so it is important to keep oneself updated and in fact, try to think ahead of the business.
•  The compliance requirements are complex and ever evolving hence the need for constant learning and keeping updated of industry developments.
  

Educational Qualifications

Required Qualifications and Experience

•  CA /MBA Fin or equivalent with 4-8 years of experience.
•  Understanding of business and operational processes.
•  Good understanding of regulatory requirements from RBI.
•  Analytical and communicating skills.
•  Ability to learn and implement at a fast pace.