Role description
Job Title: Manager – Compliance
Department: Compliance
Location: Worli
Reports to: [AVP – Compliance]
Experience: 6-8 years in financial services compliance, preferably in NBFCs, Banks, or similar institutions
Job Summary
We are seeking a proactive and detail-oriented skilled to join our Compliance team as Senior Manager. The role will primarily focus on Compliance Testing and Compliance Risk Assessment, ensuring adherence to regulatory expectations and internal policies across all business verticals.
Key Responsibilities
1. Compliance Testing
• Design, plan, and execute periodic compliance testing programs across business functions
• Identify and assess compliance control gaps through on-site or remote testing
• Document findings with root cause analysis and recommend corrective actions
• Follow up on the implementation of corrective actions and ensure timely closure
• Prepare testing reports for senior management and regulatory reviews
2. Compliance Risk Assessment (CRA)
• Conduct regular compliance risk assessments across retail and wholesale lending businesses
• Identify inherent and residual compliance risks across business lines, processes, and geographies
• Maintain and update the compliance risk universe and risk register
3. Regulatory & Internal Coordination
• Liaise with internal stakeholders to ensure implementation of compliance testing outcomes and risk mitigation plans
• Support the Compliance team in aligning testing and CRA outcomes with regulatory expectations
• Stay abreast of regulatory developments and integrate them into testing and risk assessment frameworks
4. Reporting & Governance
• Contribute to dashboards, MIS, and presentations for senior management, Audit Committee, and Board
• Assist in periodic updates to the Compliance Function’s annual plan, especially around testing and CRA activities
Desired Profile
• Bachelor's/Master’s degree in Commerce, Law, Finance, or related field
• 6-8 years of experience in Comp