Unit Manager - Outsourcing Compliance

Job description

**Job Purpose** Outsourcing compliance audits for all departments within BFL. Adherence to RBI regulations on outsourcing. **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. - Strong communication, interpersonal, and stakeholder management skills. - Positive attitude with the ability to work effectively as a team player.