Compliance : Digital Lending & Digital Products - Mumbai, Navi Mumbai - Skillventory

    Skillventory
    Skillventory Mumbai, Navi Mumbai

    2 days ago

    Full time Healthcare
    Description

    Role & responsibilities:

    • Supervising dissemination of actionable emanating from new guidelines and ensuring implementation by the respective Business units of the Bank
    • Strict monitoring through the systems/ tools available in the department of various issues relating to Digital Journeys
    • Approval of any new/ review of existing Policy/ Internal circulars/ processes upon ensuring all regulatory/internal guidelines have been complied with.
    • Handling of Advisory related to Compliance with Regulatory Guidelines on Digital Lending and other related guidelines.
    • Connecting with regulators/ peer banks to seek clarification/ benchmark process followed in the bank (wherever required)
    • Testing of regulations / processes/ controls when required.
    • Providing relevant inputs for preparation of presentations / dashboards for senior management
    • Co-ordinate with the respective stakeholder and ensure that proper controls are put in place to mitigate the compliance risk,
    • Vetting of Bank's Policies, internal circulars, manuals, validation of forms from the compliance perspective, validating internal controls with various Codes (BCSBI, etc)
    • Vetting of responses / compliance to be submitted to regulators /agencies provided by the business departments / stakeholders.
    • Monitoring compliance risk using various tools (e.g. Key Compliance indicators, etc.)
    • Testing Processes related to Observations/Regulatory line items of RBI and closure of Testing reports.
    • Monitoring and tracking of Regulatory observations emanating from IAD/ CTG/ other sources.
    • Approval and review of PMC/CMC notes in line with relevant applicable regulations /internal policies.
    • Assisting RBI Compliance Team for onsite inspection (wherever required)

    Preferred candidate profile

    • Understanding of basic processes involved in Digital Lending and product journeys,
    • Ability to apply basic concepts to practical scenarios/ issues,
    • Understanding of regulations/ guidelines
    • Experience in handling Compliance related to Digital Lending and products
    • Good Interpersonal and communication skills
    • Excellent spoken & written (Drafting) English skills
    • Proficiency & command in Excel, Word & PPT etc.

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