Job Purpose

This job exists to onboard vendors and manage code creation process across all businesses with specific emphasis on RBI regulatory requirements.

Duties and Responsibilities

- Execute control testing for outsourced processes using defined test checklists (including onboarding, monitoring controls, annual assessments, data security, service levels, incident reporting, and regulatory compliance).

- Perform sample-based walkthroughs, collect audit evidence, and assess control design and operating effectiveness.

- Document test procedures, results, exceptions, and root-cause analysis in a standardized format.

- Interpret and apply RBI regulations related to outsourcing of partners.

- Document critical outsourcing-related processes and controls.

- Obtain periodic data related to outsourced partners from relevant internal departments.

- Conduct periodic process assessments in coordination with business functions and compliance teams.





- Prepare gap assessment reports highlighting control and compliance deficiencies.

- Drive action plans for identified issues and track closure of compliance gaps.

- Manage internal stakeholders and coordinate with cross-functional teams to ensure timely compliance.

- Intrepretation of regulations, dissemination of circulars, onsite offsite audits, review of documents etc

Required Qualifications and Experience

- - Bachelors degree in Commerce (B.Com) / CS / equivalent, with a strong audit background.

- - Experience in internal audit within a lending or financial services business.

- - Strong experience in data analysis and audit/report drafting.

- - Excellent proficiency in MS Excel and PowerPoint.

- - Solid communication, interpersonal, and stakeholder management skills.

- - Positive attitude with the ability to work effectively as a team player.

📌 Unit Manager - Outsourcing Compliance (Maharashtra)
🏢 Bajaj Finance
📍 Maharashtra