Compliance Manager | Testing & Reporting | NBFC

Job Description

Job Purpose: The requirement is majorly for Compliance testing someone with experience of 5+ years with major areas being, Compliance testing, Report analysis and knowledge of LOS and LMS systems. Key Responsibilities:Disseminate circulars / letters /advisories/ guidelines issued by the Regulator to relevant business units highlighting the regulatory requirements and monitor compliance of these guidelines.Perform compliance testing, internal compliance reviews & monitoring activities.Ensure strict adherence to all regulatory requirements, guidelines, and directives issued by the relevant authorities, including the Reserve Bank of India (RBI) and other regulatory bodies.Assist in managing regulatory inspections.Prepare reports for senior management and regulatory bodies as appropriate.Oversee the creation, revision, and implementation of compliance policies and procedures to ensure they are in line with changing regulations and industry standards.Periodically revising the Compliance program in light of changes in the needs of the organization, and in line with changing regulatory landscape.Monitoring & Reporting of Key risks forming part of Compliance Risk Assessment Framework.Assist Business Units in their day to day queries related to compliances.Drafting, Review and Advisory for various Polices and obtaining Board approvals on continuous basis.Establish and maintain a compliance training program for employees at all levels, ensuring they are well-informed about compliance requirements and expectations.Monitoring of NHB filings and periodic returns. Ensuring compliance towards Web-site and Notice board disclosures. Filing of Cash Transaction (CTRs), STR, Fraud reporting Requirements:5+ years in compliance within NBFCs/BFSI.In-depth knowledge of RBI, NHB, and PMLA regulations, compliance monitoring, policy drafting, compliance testing and audit processes.Strong analytical and problem-solving skills, attention to detail, stakeholder management, effective communication, and ability to drive compliance initiatives.