SENIOR MANAGER - AUDIT & COMPLIANCE

A

Job Specification

1

Company Name

:

Muthoot Fincorp Limited

2

Position / Designation

:

Audit and Compliance Manager

3

Grade

:

4

Department

:

SULB

5

Sub Department (if any)

:

Audit and compliance

6

Employment Type

:

Permanent

7

Reporting to

Designation & Grade

:

8

No. of Reporters, Designation & Grade

:

No.

9

Main Tasks

:

Audit:

• Plans and performs audits and develops recommendations to improve business processes, controls, efficiencies, and effectiveness to ensure the business is following applicable regulations.
• Participates in risk assessments.
• Provides guidance to mitigate potential risks or conflict.
• Informs business of risk, makes recommendations to resolve risk, and consults with departments on the resolution of recommendations.

Compliance:

• Researches, executes, and documents compliance reviews.
• Conducts compliance audits, inspections, reviews, and tests.
• Responds to potentially serious compliance issues and violations or consults with management on appropriate responses.
• Reviews information from investigations to ensure resolutions have been satisfactorily implemented or determines if further action is necessary.

10

Areas of Responsibility

:

• Develops methodologies and monitoring strategies .
• Prepares reports and may present findings to a variety of constituents or audiences.
• Coordinates with internal and external agencies/firms.
• Stays abreast of current activities and trends.

11

Special Requirements (If any)

:

Good knowledge on MS Office

12

Job Location / State

:

Chennai

13

Compensation Band

:

Rs. 500,000 to Rs 650,000

14

Entitlements

:

SULB

15

Stake Holders

:

SULB

16

Career Progression

:

Very good scope to grow as Audit and compliance Manager/Senior Manager.

B

17

Educational Qualification / Technical Certification

:

Minimum Graduation, Preferably from financial function

18

Skill Sets

:

• Knowledge of professional standards and best practices related to industry or area of expertise.
• Ability to conduct reviews and analyze information to compose clear, concise, timely, and professionally written reports.
• Ability to maintain discretion with confidential information.

19

Communication Skills

:

English (must)/Hindi (Good to have)

20

Experience

:

Exposure to RBI guidelines on mortgage or housing loan product or Any Financial product (at least)

21

Behavioral Competencies

:

Should hold a positive approach and problem solver

22

Other Requirements (If any)

:

Team player with a Go-getter attitude

C

22

Prepared by

(Name/Designation/ Date)

:

Mr. Kameshwar V S - Lead - Audit and Compliance, SULB

23

Approved by

(Name/Designation/ Date)

:

Mr. Vinod Reddy Head, SULB