Manager - Local Regulatory Compliance LRC

Job Description

Job Title - Manager - Local Regulatory Compliance (LRC)

The Purpose of Your Role

Manager – LRC will manage the Local Regulatory Compliance function in India and provide a comprehensive and a holistic oversight/view of Local Regulatory Compliance to applicable Business Functions. This position will serve as an extension to Businesses aligned and provide oversight and governance support by engaging with business owners. Compliance assessment and testing will be performed on a planned basis.

The Value You Deliver

Proper Regulatory Compliance management implies control of possible future events and is proactive rather than reactive. This role will help achieve strategic goals through the process of identifying, measuring and treating exposures to loss and potential compliance risk events.

Responsibilities Include And Are Not Limited To

• Manage the Roll-out of Regulatory Changes to applicable laws, rules and regulations for FMR India.
• Effectively manage the timely identification of regulatory change alerts
• Designing oversight reporting for the identification of Regulatory Change and tracking the compliance status
• Acts as an escalation point for regulatory changes
• Partners with External consultants/ internal stakeholders on Regulatory Changes to ensure regulatory changes are added within the system of record.
• Drive integration with Compliance teams aligned to Business Units
• Ensure adherence to Compliance standards, review any material changes to the Compliance requirements
• Support Compliance Reviews
• Implement integrated Compliance Risk oversight to actively discuss compliance risks and create reporting, escalation, and various governance routines
• Periodic aggregate reporting to various key stakeholders
• Supports initiatives and Enterprise wide Projects for the Risk group, tracking of project deliverables and tasks with a high degree of understanding of highly complex processes and systems and their interdependencies, and regulatory and internal control requirements
• Conducting deep dives into specific areas of focus based on Risk and Regulatory priorities
• Conduct an ongoing operational review of the risk policies and practices, including the continuous identification and implementation of process and system improvements.
• Adept in performing legal and regulatory reviews to the laws of the country in which we do business
• Proficiency in reviewing and assessing process flows to detect potential risks, deficient controls, duplicated effort, extravagance, fraud, non-compliance with laws, regulations, and management policies
  
  

• Strong presentation, written and interpersonal communication skills.
• Ability to work simultaneously on multiple tasks
• Team player who works constructively with others to achieve team goals
• Prior experience developing and implementing cross functional programs
• In depth knowledge of MS Office products and exposure to reporting and workflow tools
• Hands-on work style and ‘can do’ attitude with a strong desire to make things happen
  
  

• Assessing the adequacy and effectiveness of controls, compliance and governance processes
• Reporting on issues and solutions that improve Fidelity’s control environment
• Responding to change with a sense of urgency through continuous compliance risk assessment
  
  

• Degree in Law/ CS/CA.
• 5 - 7 years of relevant regulatory Compliance experience in a Compliance function. Risk Management background will be an added advantage for performing Risk and Control assessments.
• Strong problem solving and analytical skills
• Team player who takes initiative and works constructively with others to achieve team goals
• Ability to work on multiple tasks and manage priorities and workload
• Strong presentation, written, and interpersonal communication skills