Lead - Compliance

Location Name:

Job Purpose

Duties And Responsibilities

Key Responsibilities

•  Build an annual plan for Compliance testing reviews of various products and processes considering regulatory risks and feedback from Senior Management.
•  Develop testing procedures and train the team to carry out such procedures.
•  Determine scope and lead a team to perform compliance testing.
•  Discuss the results with Business Heads and provide recommendations as necessary
•  Obtain responses with action plan and timelines.
•  Present the results to Senior Management.
•  Track actionables for appropriate closure.
  

Key Decisions / Dimensions

•  Specific area prioritization during field work in terms of what areas to focus on and what testing approach to be used.
•  Deciding the approach for data analysis; what sample size to take and how to analyse the data.
  

Major Challenges

•  BFL is a fast-paced growing organization with almost 90 + products. The business processes are changing at a very fast pace, so it is important to keep oneself updated and in fact, try to think ahead of the business.
•  The compliance requirements are complex and ever evolving hence the need for constant learning and keeping updated of industry developments
  

Educational Qualifications

Required Qualifications and Experience

•  CA /MBA Fin with 0-3 years of experience
•  Understanding of business processes and regulatory requirements
•  Analytical and communicating skills
•  Ability to learn and implement at a fast pace