Job Purpose
The purpose of this job is to achieve quality assurance and information security objectives for the Operations team in line with the enterprise & operational risk frameworks, drive process compliance to regulatory guidelines by establishing internal controls. The purpose of this role is to also act as the risk, compliance & audit champion for BSLI Operations and to also carry out an independent appraisal of the effectiveness of the policies, procedures and standards.
Job Context & Major Challenges
Job Context: The purpose of this job is to achieve quality assurance and information security objectives for the Operations team in line with the enterprise & operational risk frameworks, drive process compliance to regulatory guidelines by establishing internal controls. The purpose of this role is to also act as the risk, compliance & audit champion for BSLI Operations and to also carry out an independent appraisal of the effectiveness of the policies, procedures and standards.
Job Challenges: • Accurately interpreting imprecise and frequent regulatory changes for planning,
communicating and ensuring implementation through diverse stakeholders within time and resource constraints.
• Ensuring completeness of internal audits within the stipulated timelines, planning organizing and close looping internal/external audits, given diverse nature of the stakeholders having wide-ranging priorities.
• Conducting an extensive process compliance review for internal controls for branches and HO processes across the country becomes a key operational & logistical challenge as the review includes interaction with vertical heads, function head and zonal managers
• Directing stake holders to manage unpredictable external events like frauds, requirements from statutory bodies such as IRDA, SEBI, CBI, Parliament, income tax department, Ministry of finance etc and simultaneously ensuring no disruption in regular time-bound activities.