Compliance: Retail Advisory

Job description

JOB OVERVIEW: Regulatory Advisory: Incumbent will be responsible for providing regulatory advisory/clarifications to internal stakeholders and ensuring adherence to all regulatory requirements of RBI and internal policies. EXPERIENCE: • Proven and rich experience of 8+ years in compliance with Banks / NBFCs/HFCs/Consulting to Banks or NBFCs. • Practical knowledge of relevant regulatory requirements and guidelines related to retail lending. • Strong analytical skills with the ability to interpret regulations. • Team Leader. Excellent communication and interpersonal skills. KEY RESPONSIBILITIES: • Serve as the primary point of contact for retail business compliance including housing loans, personal loans, digital lending & LAP. • To review retail products/ new initiatives or processes and lead compliance advisory, queries, clarification for retail business. • To review and update policies & procedures for retail business. • Monitor regulatory developments and access their impact on our operations. • Support Chief Compliance Officer and the team in ensuring adherence to regulatory guidelines. Key role in driving the key assignments / projects including automation relating to compliance, and businesses & other functions / products involving compliance by supervising and responsible for end-to-end completion and implementation. • Identify potential areas of compliance vulnerability and risks, develop and implement corrective action plan for resolution. • Responsible for handling regulatory inspections, handling the pre/post inspection related activities. • Monitor and enforce compliance with internal policies and procedures across retail operations. Foster effective relationships with internal & external stakeholders. Piramal is an equal opportunity employer. Qualified applicants will be considered without regard to age, gender, marital status, sexual orientation, gender identity or expression, disability, or religion.