Compliance Officer-NBFC

As an Audit and Compliance Manager in the NBFC / Fintech Industry based in Andheri, Mumbai, you will report directly to the COO. Your primary responsibility will be to oversee and manage the internal audit and compliance functions of the organization. This pivotal role necessitates a comprehensive understanding of the regulatory landscape, robust analytical capabilities, and the proficiency to devise and implement efficient audit and compliance programs. Your duties will encompass the following key areas: Audit Management: - Develop and implement a thorough audit plan to evaluate the effectiveness of internal controls, financial reporting, and operational processes. - Conduct regular internal audits to gauge the compliance of company operations with established policies, procedures, and regulations. - Identify risk areas and provide suggestions for enhancing internal controls and processes. - Prepare detailed audit reports, outlining key findings and recommendations for management. Compliance Oversight: - Ensure adherence to all pertinent local, state, and federal regulations, as well as industry standards. - Formulate and uphold compliance policies and procedures, ensuring their currency and effective dissemination throughout the organization. - Stay abreast of changes in regulatory requirements and evaluate their implications on company operations. - Conduct compliance training programs for employees to boost awareness and comprehension of regulatory requirements and ethical standards. Risk Management: - Identify potential compliance vulnerability and risk areas, and craft/implement corrective action plans. - Collaborate with different departments to devise and implement risk mitigation strategies. - Sustain a risk management framework to ensure efficient identification, assessment, and management of risks. Reporting and Documentation: - Present audit and compliance reports to senior management and the board of directors. - Maintain comprehensive documentation of all audit and compliance activities, findings, and recommendations. - Ensure prompt and accurate reporting of compliance issues to regulatory authorities when necessary. Team Leadership: - Lead and oversee the audit and compliance team, offering guidance, training, and assistance. - Cultivate a culture of integrity, accountability, and continuous improvement within the team. - Conduct performance evaluations and deliver constructive feedback to team members. Qualifications: - A Master's degree in Finance, Accounting, Business Administration, or a related field. - Minimum of 6-10 years of experience in audit and compliance within the financial services or fintech industry. - Profound knowledge of regulatory requirements and industry standards pertinent to the fintech sector. Preferred Skills: - Proficiency in regulatory compliance tools and software. - Familiarity with emerging technologies and their implications on financial services compliance. - Strong project management capabilities. - Ability to function both independently and collaboratively in a dynamic environment.,