Team Member - support Services - compliance

Team Member- Compliance

The role involves key activities like:

1. Ensure filing of various returns with RBI and other statutory/regulatory bodies within the due date. Includes Fraud returns, Risk Based Assessment of KYC/AML, DNBS returns, etc.
2. Perform independent compliance testing of various products of the Company, KYC evaluation, etc on a sample basis.
3. Assist in preparing data pack for various meetings such as High Level Monitoring Committee, Senior Management Committee, Compliance meeting, etc and draft minutes of aforementioned meetings.
4. Track regulatory changes and update internal stakeholders
5. Monitor implementation of regulatory requirements by collaborating with internal teams
6. Prepare review notes for Board/Audit Committee
7. Develop and maintain policies and processes with respect to Compliance such as KYC/AML policy, fraud policy, Compliance policy, Fair Practice code, beneficial owner, etc.
8. Assist in RBI inspection of the Company and internal audit of Compliance function.
9. File Suspicious Transaction Report (STR) and other reports with FIU
10. Develop and conduct compliance training sessions to help drive Compliance culture in the company
11. Advise the Branch/Operations teams w.r.t queries on KYC, Beneficial owner, etc
12. Miscellaneous activities such as Branch return, Compliance newsletter, branch visit, NCIF backtracking, approval of creatives, cash transaction monitoring, etc.

Job Requirements :

1. Compliance professional with a graduate/post graduate degree in Law/Commerce/Management/qualified Company Secretary with at least 5-7 years of experience is preferred.
2. Staff with experience in Compliance or Audit departments in Bank/NBFC would be an added advantage.
3. Should have good verbal and written communication skills with an eye for detail.
4. Should be conversant with Word, Excel and PowerPoint.