•To Establish the Corporate Compliance framework, defining, developing and directing business policies and procedures to ensure Regulatory compliance within the organization.
•To establish anti money laundering framework as per the PMLA guidelines issued by FIU. To develop policy, system, procedures, rules to identify & evaluate and report transactions as per the PMLA requirements.
•Develop the compliance framework based on the position taken by our client on all regulatory norms.
•Interpret the regulatory guidelines & work with the function to ensure total compliance with them.
•Vet business models, internal policies & procedures developed by all functions to ensure that they are in strict adherence to Zero tolerance policy with regards to Regulatory compliance.
•Plan and develop procedures to ensuring the management is appraised with the regulatory changes & their implication.
•Prepare and appraise the Management including the Board and Audit Committee to ensure that instances of regulatory non-compliances are dealt with swiftly and firmly
•Develop framework to review & check adherence with the regulatory norms
•Review exception/ deviation, provide procedural exception to functions relation to regulatory norms.
•Coordinate with the IRDA on regulatory audits
•Establish Anti Money Laundering framework at our client site