AVP - Senior Business Compliance Counsel - Mumbai

Location: Mumbai   •   Experience: Senior Level   •   Openings: 1
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Job description

Title : AVP - Senior Business Compliance Counsel - Mumbai

Monitor, assess, and interpret regulatory requirements applicable to BFSI services – Primary domains Mortgages, Insurance and Debt Collections
Scan regulatory environment especially for US, UK, EU, APAC jurisdictions to identify compliance risks and guide business stakeholders
to implement necessary controls and mitigation strategies.
Stay updated on regulatory developments and advise the business on their impact.Other tasks as entrusted in this regard.
Oversight on internal compliance audits and regulatory assessments of business processes after understanding the intricacies of the applicable regulations.
Responsible in responding to regulatory inquiries, inspections, and audits.
Fair knowledge to ensure compliance with licensing, registration, and reporting obligations across jurisdictions.
Es calations to the TEIL Compliance, Corporate Compliance and other functions.
Interpret legal requirements and implications on financial services regulations, licensing requirements, and emerging compliance issues.
Provide regulatory guidance to internal teams on new business initiatives and product offerings.
Issuing directives, compliance circulars, necessary compliance documentation etc for business teams to implement the change management.