Compliance Risk Assessment, 4 to 8 years in Mumbai

Job Description

• Conduct regular reviews to ensure compliance with all applicable RBI regulations.
• Should be able to independently develop and maintain a compliance checklists, manuals, and other regulatory documentation for continuous monitoring.
• Regularly monitor changes in regulatory guidelines from RBI and other relevant authorities and update compliance processes accordingly.
• Design and implement a comprehensive compliance testing program to assess adherence to regulatory requirements.
• Perform independent testing and review of internal controls to ensure compliance with applicable RBI regulations.
• Document findings from compliance testing, prepare reports, and communicate results to the Senior Management and the Board.
• Identify, assess and monitor compliance risks across all functions and departments in the organization. Maintain and update the Compliance Risk register.
• Regularly assess the adequacy of risk mitigating controls designed and recommend enhancements where necessary.
• Conduct training sessions to raise awareness and understanding of compliance requirements.
• Collaborate with cross-functional teams to facilitate the implementation of compliance requirements.