Job
Description
The Legal and Compliance (LSC) team at Navi plays a crucial role as a strategic partner in ensuring that the company's operations are in accordance with legal and regulatory frameworks. The team offers comprehensive legal counsel in areas such as corporate law, regulatory compliance, and risk management. Additionally, the team oversees corporate governance to ensure adherence to statutory obligations and facilitate effective board and shareholder engagements. Proactively managing compliance across various regulated sectors, the team adapts to evolving regulatory landscapes. As the Head of Compliance Monitoring, you will be instrumental in guaranteeing Navi's compliance with evolving regulatory standards by establishing and leading a high-performing compliance monitoring function. Your responsibilities will include developing robust monitoring frameworks, identifying and addressing compliance risks, and providing actionable insights to the leadership team. This role necessitates a keen attention to detail, in-depth regulatory knowledge, and the ability to collaborate across functions to promote a culture of compliance and accountability at scale. Key Responsibilities: - Develop and implement a comprehensive compliance monitoring strategy aligned with regulatory requirements and industry best practices. - Lead a team of compliance monitoring professionals, offering guidance, mentoring, and performance management support. - Design and execute compliance monitoring plans and procedures to evaluate the effectiveness of internal controls and adherence to regulatory standards. - Conduct risk assessments to identify key compliance risks and prioritize monitoring efforts accordingly. - Collaborate with business units, legal, risk management, and internal audit teams to coordinate compliance monitoring activities and ensure alignment with organizational objectives. - Analyze monitoring results, identify trends, communicate findings to senior management, highlight areas of improvement, and recommend corrective actions. - Stay abreast of regulatory developments, emerging risks, and industry trends to enhance the compliance monitoring program continually. - Foster a culture of compliance awareness and accountability throughout the organization, advocating for adherence to regulatory requirements. Requirements: - Bachelor's degree in finance, business administration, law, or a related field. - 8+ years of proven experience in compliance monitoring, audit, or regulatory compliance within the financial services industry, with a focus on non-banking financial services, asset management, and insurance being desirable. - Strong understanding of relevant regulatory requirements and industry standards. - Demonstrated leadership skills with the ability to manage teams effectively, prioritize tasks, and achieve results in a fast-paced environment. - Excellent analytical and problem-solving skills, with a keen attention to detail and the ability to interpret complex regulations and policies. - Outstanding communication and interpersonal skills, with the ability to influence and build relationships across all levels of the organization. - Proactive mindset, self-motivated, and capable of working independently with minimal supervision. - Commitment to integrity, ethics, and professionalism, with a passion for fostering a culture of compliance excellence.,
