Review the testing checklists required for the review for each regulated business. - Review loan book, regulatory returns, and other information submitted to RBI/NHB. - Develop solutions to address specific challenges faced by the business units in regulatory compliance matters, including impact assessments. - Develop a comprehensive understanding of the Companys business, systems, policies, and processes. - Acquire in-depth process understanding for planned audits, lead process walkthroughs with key business stakeholders, and document the outcomes with thorough identification of risks and controls. - Understand the root cause of observations and ensure the implementation of corrective actions. - Co-ordinate/collaborate with various verticals such as Compliance, Credit, CX, Ops, Product, and tech teams to ensure an overall compliance framework. - Assess the loan journeys, internal tech journeys, and developments to ensure adherence to regulatory guidelines and internal policies/processes. - Carry out Annual Compliance Risk assessment and mitigation actions. - Assist the Compliance leadership in providing updates to senior management on critical compliance issues for immediate attention and escalations. - Provide constant support during regulatory inspections. - Act as a bridge between Internal Audit/Regulators and Business to follow up on IA recommended action closures by business units. - Lead the compliance testing team. Qualification Required:
Essential: CA / CS / CIA / MBA Finance
Preferred: CA/CS Role Overview:
You will be responsible for assisting in preparing the annual compliance testing plan for senior management. You will review and track monthly & quarterly plans/scope and provide updates to senior compliance leadership on progress. Additionally, you will provide detailed reports to Compliance senior management on a regular basis regarding the reviews conducted in a month and critical gaps identified during the review along with their status. Key Responsibilities:
Review the testing checklists required for the review for each regulated business. - Review loan book, regulatory returns, and other information submitted to RBI/NHB. - Develop solutions to address specific challenges faced by the business units in regulatory compliance matters, including impact assessments. - Develop a comprehensive understanding of the Companys business, systems, policies, and processes. - Acquire in-depth process understanding for planned audits, lead process walkthroughs with key business stakeholders, and document the outcomes with thorough identification of risks and controls. - Understand the root cause of observations and ensure the implementation of corrective actions. - Co-ordinate/collaborate with various verticals such as Compliance, Credit, CX, Ops, Product, and tech teams to ensure an overall compliance framework. - Assess the loan journeys, internal tech journeys, and developments to ensure adherence to regulatory guidelines and internal policies/processes. - Carry out Annual Compliance Risk assessment and mitigation actions. - Assist the Compliance leadership in providing updates to senior management on critical compliance issues for immediate attention and escalations. - Provide constant support during regulatory inspections. - Act as a bridge between Internal Audit/Regulators and Business to follow up on IA recommended action closures by business units. - Lead the compliance testing team. Qualification Required:
