Jobs
>
Mumbai

    Manager - Compliance - mumbai, India - Tata AIA Life Insurance

    Tata AIA Life Insurance
    Tata AIA Life Insurance mumbai, India

    3 weeks ago

    tata aia life insurance background
    Description

    JOB DESCRIPTION

    A Position Overview

    Position Title

    Manager Compliance

    Department

    Compliance

    Level/ Band

    Manager

    Count

    1

    Locations

    Lower Parel, Peninsula Business Park, Mumbai

    Role Summary:

  • Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance.
  • Implementation of Revised Red Flag Indicator & reporting format issued by FIU-Ind and ensure compliance.
  • Developing and enhancing controls within processes, systems to adhere to regulatory directions.
  • Preparation of AML Policy in line with the Regulatory requirement and update it regularly depending upon Regulatory changes or any other relevant factors.
  • Ensuring compliance to AML Policy.
  • Setting up processes for categorization of customer into High and Low Risk through various control mechanism such as AML Risk Grids, and market study etc.
  • Analyzing, monitoring, disposition of s and transaction.
  • Preparation of ground of suspicion and filing of Reports under new FINnet 2.0 portal with the relevant Authority post approval from the Principal Officer.
  • Filing of Monthly and Annual Statutory returns: Cash Transaction Report (CTR);Counterfeit Currency Report (CCR); Non-Profit Organization Transaction Report (NTR);Suspicious Transaction Report (STR).
  • Perform Product Risk Assessment for risk categorization of product.
  • Preparing the AML Training content and ensuring all new, existing Employees and Agents are trained on AML.
  • Screening of Customers, Agents etc. on ongoing basis and identifying reportable transactions.
  • Conduct open-source search to find relevant information to complete the analysis and review.
  • Reviewing Politically Exposed Person (PEP) – High Risk case before issuance of the policy.
  • Circulating the FATF identified countries list to the relevant stakeholders and ensure compliance.
  • Regular communication on AML/CFT regulation/policy to all Employees through emailer or other mode.
  • Advisory on AML queries raised/opinion received from Regulator, Company Sales and Operations functions.
  • Monthly and Annual review conducted to check adherence of AML Risk Grid, AML policy and sharing of observation.
  • Filing of Annual Compliance Certificate with the local regulator.
  • Presenting Monthly, Quarterly and Annual status update to Senior Management.
  • Liaison with Auditors, FIU-Ind and IRDAI if required.

    • B Organizational Relationships

    Reports To

    AVP- Compliance

    Supervises

    Same as above

    C Job Dimensions

    Geographic Area Covered

    Mumbai

    Internal Stakeholders

    All functions of the Company

    External

    FIU-Ind and IRDAI

    D Key Result Areas

    Organization Process

    Key Contributions

    Sales

  • Establish AML Risk Grid for various channel with relevant Board approvals.
  • Ensuring effective implementation of AML/KYC process in various operational and business process.
  • Establishment of awareness and training program on AML/KYC norms.
  • Provide well researched legal advice to business within prescribed timelines.

    • Relationship Management

  • Establishment of effective communication mechanism on Compliance culture, AML & KYC norms as per Annual Ethics Communication plan.
  • Liaison with IRDAI & FIU-Ind to resolve business issues.

    • Ensure Compliance

  • Effective Implementation of AML/KYC regulations and statutes on regular basis.
  • Review of AML Policy, AML processes, SOPs, Framework, regulatory impact on processes and recommend changes.
  • Ensuring building of appropriate control mechanism within processes, systems to ensure that regulations are adhered to.
  • Ensuring appropriate reporting of suspicious transaction cases on a regular basis.
  • Enhancement of Software and technology for generation of s and reporting.
  • Respond to queries raised on any issues pertaining to AML/CFT guidelines and rules.
  • No significant outage or adverse remarks from IRDAI / GIA.

    • MIS

  • Maintaining Monthly, Quarterly and Annual filling MIS.

    • E Skills Required

    Technical

  • Regulatory Requirements: knowledge and understanding of Red Flag Indicator and revised reporting format issued by FIU-Ind; & AML Master Guidelines issued by IRDAI and how to meet these on a day-to-day basis.
  • Analytical Thinking and Judgment: Ability to reach decisions by using the information systematically; ability to interpret complex concepts and cause and effect relationships.
  • Company & Industry Know How: knowledge and understanding of the organization & industry.
  • Drafting & Documentation Skills: Good Documentation skills for record maintenance
  • Negotiation Skills: Effectively exploring alternatives to reach outcomes that gain the support and acceptance of all parties.
  • Subject Matter Expertise: Has complete domain knowledge.
  • Connecting with Others: Ability to effectively bring together diverse teams to jointly create results

    • Behavioral

    Essential

    Desired

    Interpersonal skills

    Communication skills

    Creative thinking skills

    Supervising/Leadership skills

    Teamwork Skills

    Influencing skills

    Relationship Building skills

    Decision making skills

  • High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines.

    • F Incumbent Characteristics

    Essential

    Desired

    Qualification

    Graduate & above

    Professional Degree (CA, CS)

    Experience

    4-6 years of experience in AML Compliance

    Age

    Any

  • Khaitan & Co

    Compliance Manager

    2 days ago

    Khaitan & Co Mumbai, India

    Focus Areas · Conflict Check · SEBI Prohibition of Insider Trading · Qualifications: CS + LLB (Mandatory) · Post Qualification Experience: 5-12 years · Reporting to: Chief Risk, Audit and Compliance Officer · Industry: BFSI, Big 4 and other Consulting Firms · The incumbent will b ...

  • Klass Global Advisors LLP

    Compliance Manager

    4 days ago

    Klass Global Advisors LLP Mumbai, India

    Company Description · Klass Global Advisors LLP is an advisory and consultancy firm based in Mumbai. With over 2 decades of experience, we provide holistic and effective services in the fields of accounting, finance, and management consultancy. Our specialized and professional se ...

  • HDFC Credila Financial Services Limited

    Compliance Manager

    1 week ago

    HDFC Credila Financial Services Limited Mumbai, India

    HDFC Credila Financial Services Limited is a leading education loan provider in India. It offers customized loan solutions for students pursuing higher education in India and abroad. With a simplified application process, competitive rates, and flexible repayment options, HDFC Cr ...

  • FlexiLoans

    Compliance Manager

    3 weeks ago

    FlexiLoans Mumbai, India

    Manager-Compliance · Who we are: · FlexiLoans is a technology based Digital financing platform started with an endeavor to solve the problems that small businesses face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Our vision is to give "Financial ...

  • JIGSERV Digital

    IT Compliance Manager

    2 weeks ago

    JIGSERV Digital Mumbai, India Full time

    Role Details: · The IT Compliance Manager is responsible for ensuring that the bank's IT systems and processes adhere to regulatory requirements and industry standards. This role involves developing and implementing IT compliance strategies, managing audits, and collaborating wit ...

  • SIG

    Compliance Manager

    1 week ago

    SIG Mumbai, India

    Overview · SIG is a global quantitative trading firm founded on a platform of intellectual curiosity. We bring together the brightest minds, cutting-edge technology, and expansive sets of data to solve incredibly challenging problems. · We are currently seeking a Compliance Mana ...

  • Noventiq

    Compliance Manager

    3 weeks ago

    Noventiq mumbai, India

    Description · Noventiq is hiring · Noventiq (the brand name of Cyprus-registered Softline Holding plc) is a leading global solutions and services provider in digital transformation and cybersecurity, headquartered and listed in London. The company enables, facilitates and acc ...

  • Khaitan & Co

    Compliance Manager

    19 hours ago

    Khaitan & Co Mumbai, India

    JOB RESPONSIBILITIES · Coordinate Short Training Programs and Deliver Induction Modules · Design and Track the Delivery of Training and Development programmes · Explore and implement new Learning Technologies and Methodologies · Plan and assess the ROI of training / development ...

  • IDFC FIRST Bank

    Senior Compliance Manager-Compliance Testing

    3 weeks ago

    IDFC FIRST Bank mumbai, India

    Role Job Title : Senior Compliance Manager – Compliance Testing · Function Department: Compliance · Job Purpose: · Responsibilities typically include designing testing strategies, conducting reviews, analysing data, preparing reports, continuous engagement with stakeholders ...

  • JLL

    Manager, Compliance

    1 hour ago

    JLL Mumbai, India

    JOB RESPONSIBILITIES · Location: Preferably Bangalore, Mumbai, Gurugram, · Govern and run the compliance audit program for labor compliances for multiple locations in India. · Manage JLL and client audits on labour compliance, identify lacuna, run action plans spanning vendors, o ...

  • HDFC Credila Financial Services Limited

    Compliance Manager

    3 weeks ago

    HDFC Credila Financial Services Limited Mumbai, India

    HDFC Credila Financial Services Limited is a leading education loan provider in India. It offers customized loan solutions for students pursuing higher education in India and abroad. With a simplified application process, competitive rates, and flexible repayment options, HDFC Cr ...

  • FlexiLoans

    Compliance Manager

    3 weeks ago

    FlexiLoans mumbai, India

    Manager-Compliance · Who we are: · FlexiLoans is a technology based Digital financing platform started with an endeavor to solve the problems that small businesses face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Our vision is to give "Financial ...

  • Michael Page

    Compliance Manager

    3 weeks ago

    Michael Page mumbai, India

    Only Candidates with 6+ years of experience apply · Only Candidates based in Mumbai · About Our Client · Our client is one of the consumer leading company. · Job Description · Reporting to the General Counsel you will be responsible for: · Enhancing legal compliance acros ...

  • FlexiLoans

    Compliance Manager

    2 weeks ago

    FlexiLoans Mumbai, India

    Manager-Compliance · Who we are: · FlexiLoans is a technology based Digital financing platform started with an endeavor to solve the problems that small businesses face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Our vision is to give "Financial ...

  • Nxtdos Pvt Ltd

    Compliance Manager

    2 weeks ago

    Nxtdos Pvt Ltd mumbai, India

    Job Title : Compliance Officer · Job Location : Mumbai | Churchgate · Reporting to : Head - Legal & Compliance · Department : Legal Compliance · Requirements : · Experience 1-3 years of experience in Mutual Funds · Qualifications B.Com, ACS · Industry - Mutual Fund · Roles ...

  • Tata AIA Life Insurance

    Manager - Compliance

    21 hours ago

    Tata AIA Life Insurance Mumbai, India

    JOB DESCRIPTIONA Position OverviewPosition TitleManager ComplianceDepartmentComplianceLevel/ BandManagerCount1LocationsLower Parel, Peninsula Business Park, MumbaiRole Summary:Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance.Impleme ...

  • Arin Consultancy Private Limited

    Manager – Compliance

    3 weeks ago

    Arin Consultancy Private Limited mumbai, India

    Key roles & responsibilities: · Compliance · RBI reporting · All applicable compliances under NBFC Regulations. · Assist in various audits: PPM Audit, Internal Audit and Statutory Audit · Draft/ Prepare/ Review/ Annual Trustee Compliance Test Report · Assist in preparatio ...

  • GeBBS Healthcare Solutions

    Manager - Risk & Compliance

    2 weeks ago

    GeBBS Healthcare Solutions Mumbai, India

    Designation: Manager - Risk & Compliance · Work Location: Navi Mumbai · Department: Compliance · Office Time: 12pm to 9pm / 1pm to 10pm · Education: Chartered Accountant · Exp: 5+ years post Qualification · Work from Office · Duties & Responsibilities: · As Manager, you wi ...

  • Seclore

    Manager - Taxation and Compliance

    4 days ago

    Seclore Mumbai, India

    WHO ARE WE? · We are global leaders in the Data-Centric Security space. Right from protecting nuclear submarine designs to new drug formulations to customer data of Fortune 100 organizations - we guard every kind of confidential information. · HOW DO WE DO IT? · Seclore's patent- ...

  • ICICI Lombard

    Legal Compliance Manager

    4 days ago

    ICICI Lombard Mumbai, India

    Urgent Opening for Legal Compliance Manager in ICICI Lombard. · Interested candidates may apply by sending their updated resumes to with subject line as 'Legal Compliance Manager' along with the following details mentioned in the mail body: · Current CTC: · Expectation : · tota ...