Job Description

A Position Overview Position Title Senior Manager Compliance Department Compliance Level/ Band 501/Senior Manager Role Summary: .Review breach registers, suspicious transactions reports, dealing room activities, Fund Fact Sheet reports, AML & internal process reports (OFAC, UNSC, etc) and provide inputs to Department managers on gaps and processes to be actioned on . Undertake prioritization of reviews, activities for the team - define scope, manning, methodology, sampling, etc basis regulatory requirements analyze review outcomes for definition of risk mitigates, processes, etc B Organizational Relationships Reports To Senior Vice President, Head Legal & Compliance and Company Secretary. Supervises Managers, Assistant Managers, Executive Compliance. C Job Dimensions Geographic Area Covered PAN India (process management - operational compliance and reviews, Investment Compliance) Stakeholders Internal All User Departments (Operational Compliance adherance and reviews) Investment Operations (Investment Operations Compliance) Product, Actuarials (limits definition for new / revised products) External IRDA (Reportings, policy clarifications) External Advisory (investigations) AIA (reportings) D Key Result Areas . Review breach registers, suspicious transactions reports, dealing room activities, Fund Fact Sheet reports, AML & internal process reports (OFAC, UNSC, etc) and provide inputs to Department managers on gaps and processes to be actioned on . Undertake prioritisation of reviews, activities for the team - define scope, manning, methodology, sampling, etc basis regulatory requirments analyse review outcomes for definition of risk mitigants, processes, etc . Interpret regulation in a balanced and cost effective manner and provide recommendations to Department Manager for related decisioning . Build control mechanism within processes, systems to ensure that regulations are adhered to . Review processes, SOPs, regulatory impact on processes and recommend changes thereof . Undertake Industry studies, benchmark against critical processes and recommend best practices adoption to Department manager . Liaise with external advisory for investigations, recommend cost effective options to Department Manager. .Review of all zones on all compliance parameters. .Ensuring compliance through compliance co-ordinator and breaches to be tracked in Breach Register. .Get product approval from the authority. & co-ordinate with authority for any clarity or reportings. .Carrying on F & U Review. .Timely filing of statutory reports with the authorities. .Developing system for easy handing of profile and tracking of actions. E Skills Required Technical Good Knowledge of MS Office Behavioral Essential Desired Interpersonal skills . Communication skills . Creative thinking skills . Supervising/Leadership skills . Teamwork Skills . Influencing skills . Relationship Building skills . Decision making skills . F Incumbent Characteristics Essential Desired Qualification Chartered Accountant with understanding of markets, investment products, IRDA regulations Experience 8 - 12 years experience with exposure in investment compliance, insurance audits, AML execution in BFSI - with 2 - 3 years in Insurance

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