Ensure that the GRT Unit is compliant with all Regulatory requirements, emanating from the regulator, Internal & external Auditors
Ensuring the NBFC is compliant with regulatory &internal guidelines on overall scope of Services.
Ensuring new regulations are implemented across services
Work closely on escalated complaints from regulator to determine the efficacy of processes and controls
Translate all new/updated Services related regulations into actionable items
Ensure that all teams have implemented the guidelines in line with internal compliance standards based on regulatory requirements
Ensure the NBFC is compliant with all regulatory circulars covering Customer Services
Facilitating and monitoring Banking Ombudsman actionable, Adhoc requirements – RBI, BO, NCH
Ensuring Regulatory Reporting viz Annually, Half yearly and Quarterly reporting as per RBI /IRDA regulations RBS Tranche I, IA, III