Deputy National Lead - Compliance
Bajaj Finance Limited
Full-time
On-site
Pune, Maharashtra, India
| Job Purpose | The prospective candidate shall handle work related to: • RBI Inspections (Department of Supervision, DPSS, CSITE and Regulatory studies) • Liaising with RBI, Internal and Group level stakeholders. • Update KYC policy and handling of KYC/ AML references • Assist in Internal Risk Assessment, Annual Review of Compliance, Inter-Regulatory Forum • Prepare Notes to the Board/ ACB/ RMC • Submission of Ad-hoc Regulatory Reportings • Participation in Company/ Group level projects. |
| Duties and Responsibilities | • Work closely with internal teams to ensure the relevant legal and regulatory requirements are well understood and are reflected in the relevant documentation and internal procedures and processes. • Liaison with the RBI, Internal and Group level stakeholders. • Regulatory reporting e.g. FD related, Branch intimations, guidance/ clarifications, etc. • Handling Regulatory queries and ad-hoc submissions through DAKSH and email. • Supporting in Regulatory Inspection and related activities. • Identify lapses in business and operation functions of BFL for compliance related issues. • Prepare the Notes to the Board/ ACB/ RMC at periodically and as and when required. • Participation in organization/ group projects. |
| Key Decisions / Dimensions | • Provide guidance/ clarifications to various functions on regulatory matters. • Vetting of documents/ products/ policies from regulatory aspect received from various stakeholders. |
| Major Challenges | 1. Work in demanding environment and provide solutions within the scope of regulatory/ statutory guidelines. 2. Consistently perform and deliver in business centric and high growth environment in a timely manner. 3. Identify and assess Compliance risks in various businesses and their mitigation measures including checks. |
| Required Qualifications and Experience | a) Skills: • Should have worked for reputed Banks/Financial Institutions with diverse fields of business interests. • Excellent analytical and communication skills. • Experience in handling Regulatory/ Statutory Compliances related issues. • Knowledge of RBI guidelines. • Should be a self-starter and a team player. b) Qualifications: • Graduate / Post-graduate / CA / Professional qualification a) Work Experience • For Senior Lead - 12 to 14 years PQE (relevant Banking and Financial industry PQE of 6 years). • For Lead- 8 to 10 years PQE (relevant Banking and Financial industry PQE of 4 years). |