Job Purpose

This position is open with Bajaj Finance ltd.
RBI has directed NBFCs to have robust monitoring framework in place for outsourced partners deployed vide circular RBI/2017-18/87 DNBR.PD.CC.No.090/03.10.001/2017-18. Through this position, BFL intends to meet regulatory requirements prescribed by RBI.

Duties and Responsibilities

PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)

Outsourcing Compliance Unit
Unit Manager (E04A)
Develop framework for Risk evaluation of outsourced partners
Coverage to include aspects w.r.t confidentiality, security requirements and BCP
Ensure appropriate processes for monitoring and control are in place for critical partners
Co-ordinate with other compliance units within organization
Ensure regulatory processes are followed for respective partners
Provide periodic update to Outsourcing committee on status and concern areas

4.MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)

Co-ordinate with other compliance units within organization
Coordination with all departments across BFL to get access to right data

5.DECISIONS
(Key decisions taken by job holder at his/her end)





Ensure adequacy and timeliness of regulatory findings mandated for committee / board
Establish compliance audit mechanism to ensure adherence

6.INTERACTIONS
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)

Internal
Roles you need to interact with inside the company to enable success
All Business units within BFL (Consumer Auto finance divisions)
Finance department
Legal Compliance department
Secretarial Department
Internal Audit Department

External
Roles you need to interact with outside the company to enable success
RBI auditors
Statutory auditors
KPMG (Partner identified for overall execution framework)

7.SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)

Required Qualifications and Experience

Educational Qualifications
a)Qualifications
Minimum Qualification: CA / MBA
b)Work Experience
Minimum 2-3 years of experience
Should ideally have worked in Internal Audit Department in BFSI sector

📌 Deputy Unit Manager - Operations and Service (Maharashtra)
🏢 Bajaj Finance
📍 Maharashtra