Compliance Manager - BFSI - CS

• Managing end to end regulatory inspections conducted by regulatory authorities like RBI.
• Having functional experience in handling Department of Supervision of RBI and on-site regulatory inspections
• Interfacing with RBI on various supervisory requirements.
• Managing RBI inspections and follow up on submissions required to be done to RBI.
• Providing advice (mainly on matters pertaining to compliance) to internal stakeholders on handling regulatory queries/ ad-hoc submissions.
• Dissemination and tracking of regulatory inspection reports issued by regulators.
• Ensure timely closure and follow up of various observations pointed out by regulators.
• Review of regulatory circulars and press releases, analyze its impact and/or opportunities arising for the business and disseminate the same to senior members of the business units. Tracking of implementation status of such advisories / regulatory directions.
• Managing good relations with external parties such as regulators, and external counsels, if needed on a case-to-case basis.
• Liaison with management committee members of the company and other internal stakeholders and ensure all regulatory and other Board related submissions by internal stakeholders are made in timely manner.
• Prepare presentations on compliance related updates for the Board
• Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
• Supervise and advise inspection handling team
• Strict monitoring of all correspondence with the Regulator and ensure that responses to regulatory authorities are properly submitted within the stipulated period of time
• Thought leadership with RBI
• Assist Business Units in their day-to-day data requirements and queries raised by regulator
  

Experience And Skills

• Qualification: CA, or CS or Graduate in law from a reputed Institute.
• Relevant functional experience in handling Department of Supervision of RBI and on-site regulatory inspections
• 14+ years post qualification experience with a reputed medium / large financial institution or a Bank;
• Executive presence and assertiveness.
• Self-starter, ability to work independently, handle ambiguous situations and exercise judgement in a variety of situations.
• Strong communication, organizational, verbal & written skills.
• High degree of responsibility and ownership, strong multitasking, coordination and tenaciously looking for ways to get results.