JOB OVERVIEW:Regulatory Advisory: The incumbent will be responsible for providing regulatory guidance and clarifications to internal stakeholders, while ensuring compliance with applicable RBI regulations and internal policies.QUALIFICATION:CA/CS/ LLB/MBA FinanceEXPERIENCE:- Proven and rich experience of 12+ years in compliance with Banks / NBFCs. - Practical knowledge of relevant regulatory requirements and guidelines related to retail lending. - Strong analytical skills with the ability to interpret regulations. - Team Leader. Excellent communication and interpersonal skills.KEY RESPONSIBILITIES:- Serve as the primary point of contact for retail business compliance, including housing loans, personal loans, digital lending and LAP. - Review retail products, new initiatives, or processes and lead compliance advisory, queries, and clarifications for the retail business. - To review and update policies & procedures for retail business. - Monitor regulatory developments and assess their impact on our operations. - Support Chief Compliance Officer and the team in ensuring adherence to regulatory guidelines. - Play a key role in driving assignments and projects, including compliance-related automation, across businesses and other functions, and supervise end-to-end completion and implementation. - Identify potential areas of compliance vulnerability and risk, and develop and implement a corrective action plan for resolution. - Responsible for managing regulatory inspections, including managing pre & post-inspection activities. - Monitor and enforce compliance with internal policies and procedures across retail operations. - Foster effective relationships with internal & external stakeholders.
Job Title
Compliance Lead – Retail Business