HR Compliance Manager

Greetings from Kotak Life Insurance!!!

Kotak Life is hiring for HR - Compliance Manager

Interested candidates can share their resume to rachel.baptista2@kotak.com

Job Summary:

The Statutory Compliance Manager will oversee and manage the companys compliance with all statutory and regulatory requirements in India. This role requires a deep understanding of Indian labor laws, tax regulations, and industry-specific compliance requirements. The ideal candidate will be detail-oriented, proactive, and capable of implementing compliance strategies effectively.

Key Responsibilities:

1. Regulatory Compliance:

• Monitor and interpret relevant laws, regulations, and changes affecting the business. Ensure adherence to statutory requirements including labor laws, tax regulations, and industry-specific compliance. Prepare and file necessary documentation for compliance with regulatory authorities.

2. Documentation and Reporting:

• Prepare and maintain accurate records and reports related to compliance activities.
• Manage internal audits and inspections to ensure compliance with statutory requirements.

3. Risk Management:

• Identify and assess compliance risks and develop strategies to mitigate them.
• Investigate compliance issues and recommend corrective actions.

4. Liaison and Coordination:

• Coordinate with external agencies, auditors, and consultants as required.
• Liaise with government authorities and ensure timely submission of compliance reports and documents.

5. Continuous Improvement:

• Stay updated with changes in laws and regulations and recommend necessary changes to internal policies.
• Implement best practices in compliance management and drive continuous improvement initiatives.

6. Audits and Inspections:

• Prepare for and manage internal and external audits related to compliance.
• Implement corrective actions based on audit findings and recommendations.

Qualifications:

• Bachelors degree in Law, Business Administration, Finance, or a related field. A Masters degree or relevant professional certification (e.g., CS, CA) is preferred.
• Minimum of 10-15 years of experience in statutory compliance or a related field, preferably in [industry or sector].
• In-depth knowledge of Indian labour laws, tax regulations, and other statutory requirements.
• Strong analytical skills and attention to detail.
• Good communication and interpersonal skills.
• Proficiency in MS Office and compliance management software.

Preferred Skills:

• Integrity and strong ethical standards.
• Ability to work independently and as part of a team.
• Strong problem-solving skills and the ability to handle complex compliance issues.