Executive-Compliance

SBI Payment Services Pvt. Ltd.; Mumbai City; On-site; INR 900,000 - 1,300,000; Full time

Job summary

SBI Payment Services Pvt. Ltd. in Mumbai seeks a diligent compliance professional to monitor, prepare, and maintain regulatory documentation and processes. The role requires coordinating with departments, supporting audits, and ensuring timely responses to regulators.

Responsibilities include updating trackers, conducting compliance testing, and assisting with training programs while escalating gaps for remediation to protect regulatory standing.

Qualifications

• Excellent written and verbal communication skills.
• A high level of commitment and self-motivation.
• Strong integrity, trustworthiness and accountability.

Responsibilities

• Assist in monitoring compliance with applicable laws, regulations, and regulatory guidelines.
• Support preparation, maintenance, and periodic review of internal policies, SOPs, and compliance manuals.
• Maintain and update statutory and regulatory compliance trackers/calendar and ensure timely completion of compliances.
• Assist in monthly/quarterly/annual regulatory filings, submissions, and responses to regulators, holding company and auditors.
• Coordinate with internal departments to collect information and documents for compliance requirements.
• Support internal audits, compliance reviews, and regulatory inspections.
• Conduct compliance testing and spot testing of departments to identify the gaps and prepare the observation report of the same.
• Keep record of last observation made, actionable arise, changes/directives by Management/Board and implementation of the corrective steps taken to ensure compliance of the same.
• Maintain proper documentation, records, and compliance evidence.
• Track regulatory updates and assist in assessing their applicability to the organization.
• Support implementation of compliance trainings and awareness programs for employees.
• Communication like emailers, circulars, Notifications to departments on a regular basis.
• Escalate potential compliance gaps or risks to the reporting manager and to carry out necessary measures to mitigate Compliance risk.
• Conduct compliance check at the event of launch of new product, enhancement of existing product, process, systems, policies.
• Assist in preparation of agenda and minutes of compliance risk management committee.
• Additionally, any other job/role/responsibilities assigned from time to time.

Skills

Communication skills

Commitment

Integrity

Accountability

Job description

Role & responsibilities

• Assist in monitoring compliance with applicable laws, regulations, and regulatory guidelines.
• Support preparation, maintenance, and periodic review of internal policies, SOPs, and compliance manuals.
• Maintain and update statutory and regulatory compliance trackers/calendar and ensure timely completion of compliances.
• Assist in monthly/quarterly/annual regulatory filings, submissions, and responses to regulators, holding company and auditors.
• Coordinate with internal departments to collect information and documents for compliance requirements.
• Support internal audits, compliance reviews, and regulatory inspections.
• Conduct compliance testing and spot testing of departments to identify the gaps and prepare the observation report of the same.
• Keep record of last observation made, actionable arise, changes/directives by Management/Board and implementation of the corrective steps taken to ensure compliance of the same.
• Maintain proper documentation, records, and compliance evidence.
• Track regulatory updates and assist in assessing their applicability to the organization.
• Support implementation of compliance trainings and awareness programs for employees.
• Communication like emailers, circulars, Notifications to departments on a regular basis.
• Escalate potential compliance gaps or risks to the reporting manager and to carry out necessary measures to mitigate Compliance risk.
• Conduct compliance check at the event of launch of new product, enhancement of existing product, process, systems, policies.
• Assist in preparation of agenda and minutes of compliance risk management committee.
• Additionally, any other job/role/responsibilities assigned from time to time.

Preferred candidate profile

• A high level of commitment and self-motivation.
• Proven work experience in handling the portfolio.
• Strong integrity, trustworthiness and accountability
• Excellent written and verbal communication skills.