Godrej Capital – Manager – Compliance Godrej Capital

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

The Corporate Institute in Mumbai seeks an experienced Compliance Leader to oversee annual testing plans, monitor progress, and report critical findings to senior management. You will coordinate with multiple departments to ensure regulatory adherence and implement corrective actions based on risk assessments.

You will review regulatory returns, develop solutions for compliance challenges, and guide teams through audits and inspections, driving robust governance across technology, operations and

Qualifications

• Essential professional qualifications required for compliance leadership.
• Experience in developing and monitoring compliance testing plans and controls.

Responsibilities

• Assist in preparing annual compliance testing plan for senior management.
• Review and track monthly and quarterly plans-scope and update senior compliance leadership on progress.
• Provide detailed report to Compliance senior management on a monthly basis of reviews and identified gaps with status.
• Review testing checklists for each regulated business.
• Review loan book, regulatory returns and other information submitted to RBI – NHB.
• Develop solutions to address regulatory compliance challenges for business units including impact assessments.
• Develop understanding of company’s business, systems, policies and processes.
• Acquire in-depth process understanding for planned audits including data flow and datasets.
• Formulate queries and lead process walkthroughs with stakeholders and document risks and controls.
• Drive root cause analysis of observations and ensure corrective actions are implemented.
• Coordinate with Compliance, Credit, CX, Ops, Product and tech teams for compliance framework.
• Assess loan journeys, internal tech journeys and developments for regulatory adherence.
• Carry out Annual Compliance Risk assessment and mitigation actions.
• Assist Compliance leadership with updates on critical issues for senior management.
• Provide support during regulatory inspections and act as bridge between Internal Audit-Regulators and business.
• Lead compliance team.

Skills

Regulatory awareness

Risk assessment

Compliance management

Stakeholder management

Education

CA

CS

CIA

MBA Finance

Job description

Testing Framework:

• Assist in preparing annual compliance testing plan for senior management.
• Review and track monthly and quarterly plans-scope and update senior compliance leadership on progress.
• Provide detailed report to Compliance senior management on a regular basis of the review conducted in a month and critical gaps identified during the review along with status.

Regulatory Compliance:

• 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.

Business, Policies and Processes:

• Develop a comprehensive understanding of Company’s business, systems, Policies and processes.
• Acquire in-depth process understanding for planned audits, including processes, systems involved, data flow, and datasets.
• Formulate queries, lead process walkthroughs with key business stakeholders and document the outcome with thorough identification of risks and controls.
• Drives and understand root cause of the observations and ensure implantation of corrective actions.
• Co-ordinate-Collaborate with various verticals such as Compliance, Credit, CX, Ops, Product and tech teams for ensuring overall compliance framework.

Systems-Journeys:

• Assess the loan journeys, internal tech journeys and developments to ensure adherence to regulatory guidelines and internal policies-processes.

Identification, Reporting and Mitigation of Compliance Risks:

• Carry out Annual Compliance Risk assessment and mitigation actions.
• Assist the Compliance leadership in providing updates to senior management on the critical compliance issues for immediate attention and escalations.

Regulatory Inspections-Audits:

• Provide constant support during regulatory inspections.
• To act as a bridge between Internal Audit-Regulators and Business to follow up on IA recommended action closures by business units.

Team Management:

• Lead compliance team.

Qualification:

• Essential – CA – CS – CIA – MBA Finance.
• Preferred – CA-CS.