Compliance Officer

Job Title:

Location:

Employment Type:

Job Purpose:

To ensure the organization complies with all applicable statutory, regulatory, and internal governance requirements. This includes overseeing internal processes, vendor risk, regulatory filings, and compliance training initiatives.

Key Responsibilities:

Compliance Audit and Reporting

• Conduct comprehensive reviews and maintain documentation to ensure adherence to regulatory requirements and internal standards.

Corporate Governance Review

• Evaluate the organizations governance framework to ensure alignment with regulatory expectations and industry best practices.

Internal Controls and Process Audits

• Review and assess internal processes to identify control gaps and support the implementation of robust internal controls.

POSP Compliance Review

• Audit onboarding, training, and operations of Point of Sales Persons (POSPs) in accordance with applicable compliance guidelines.

Business Continuity and Disaster Recovery Review

• Support the implementation and testing of Business Continuity Planning (BCP) and Disaster Recovery (DR) frameworks.

Training and Awareness Programs

• Develop and conduct regular training sessions on AML/KYC norms, cybersecurity, and operational risk management.

Documentation for Regulatory Filings

• Assist in preparing and submitting timely, accurate documentation for statutory filings such as shareholding changes, periodic returns, etc.

Gap Analysis and Risk-Based Recommendations

• Conduct gap analyses to identify areas of non-compliance and provide tailored, risk-based recommendations.

Third-Party Vendor Due Diligence

• Perform compliance and risk assessments on third-party vendors to ensure appropriate controls are in place.

Preferred Qualifications:

• Company Secretary (CS)

  Preferred
• Candidates with the following backgrounds will also be considered:
• LLB / LLM (Corporate Law / Compliance)
• Chartered Accountant (CA)
• MBA (Finance / Risk / Compliance)
• Graduate/Postgraduate in Commerce, Finance, or Business Law with relevant compliance or risk management experience

Preferred Skills & Experience:

• 410 years of experience in regulatory compliance, audits, or governance (preferably in insurance, financial services, or related sectors)
• Strong understanding of regulatory frameworks (IRDAI, SEBI, RBI, etc.)
• Excellent knowledge of corporate governance and internal control systems
• Strong documentation, communication, and presentation abilities
• Ability to collaborate across functions and manage multiple priorities effectively