Audit & Compliance

Key responsibilities of an Audit Compliance Manager for BANKING COLLECTION PROCESS include:

• Policy Development and Implementation: Designing, reviewing, and updating internal control policies and procedures to ensure alignment with regulatory standards.
• Conducting Audits and Monitoring: Planning and executing internal audits, reviewing business processes, and monitoring data to identify and address areas of non-compliance.
• Risk Management: Identifying potential compliance risks, analyzing trends, and implementing corrective actions to prevent breaches.
• Regulatory Liaison: Acting as the primary contact for regulatory bodies, managing inspections, and staying updated on new legislation.
• Reporting and Communication: Reporting audit findings and compliance status to senior management, offering actionable advice to mitigate risks.
• Training and Education: Organizing and conducting employee training sessions to promote a culture of compliance and ethical behavior