Scope of the Role
The Internal Auditor of the Compliance Control Function will be responsible for managing the Regulatory Compliance matters and Internal Audit of the company. Creating decks/summary for the senior management to review regulatory changes and their impact on the business.
Job Description
Create decks/summary for the senior management to review regulatory changes and its impact on the business
Review and modify existing regulatory policies and recommend new policies in compliance with various regulations applicable to a lending business for unsecured and secured lending products
Assist the Fraud monitoring team in estimating, monitor and reporting of fraud to the regulator as per agreed process and framework established
Help design the product and operational processes by evaluating them from a regulatory perspective.
Work with Finance/Risk/Ops/Info Sec team to make sure that all regulatory reporting requirements are met within the prescribed timelines including returns, board/committee reporting
Support the team in Co-ordinating and managing regulatory inspection process
Ensuring all sub-committees are established and functioning in accordance with regulatory requirements
Providing support to Big 4 consultants for carrying out periodic audits and to ensure that the actions are taken on findings in a timely manner.
Collaborate with various internal teams to ensure compliance culture is maintained across the organisation and audits are carried out in a timely manner.
Ideal Candidates
The candidate must have strong regulatory experience in Banks/NBFCs/Fintechs, especially in compliance with digital lending compliance matters.
Company Secretary/MBA with experience of working in a compliance environment
have the ability to analyse and solve complicated problems, and distil that complexity into simple and concise communication
seek high ownership, independent environments, and feedback oriented cultures
must have a very strong operating discipline.
Strong written and verbal communication skills