Area Manager

Bajaj Finance Limited

Pune

Not disclosed

Work from Office

Full Time

Min. 5 Years

Job Details

Job Description

Area Manager - Operations and Service/Senior Area Manager - Operations and Service

Job Purpose
“This position is open with Bajaj Finance ltd.”
RBI has directed NBFCs to have robust monitoring framework in place for outsourced partners deployed vide circular RBI/2017-18/87 DNBR.PD.CC.No.090/03.10.001/2017-18. Through this position, BFL intends to meet regulatory requirements prescribed by RBI.
Duties and Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)

Outsourcing Compliance Unit
Unit Manager – (E04A)
 Develop framework for Risk evaluation of outsourced partners
 Coverage to include aspects w.r.t confidentiality, security requirements and BCP
 Ensure appropriate processes for monitoring and control are in place for critical partners
 Co-ordinate with other compliance units within organization
 Ensure regulatory processes are followed for respective partners
 Provide periodic update to Outsourcing committee on status and concern areas

4.  MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)

 Co-ordinate with other compliance units within organization
 Coordination with all departments across BFL to get access to right data

5.  DECISIONS
(Key decisions taken by job holder at his/her end)

 Ensure adequacy and timeliness of regulatory findings mandated for committee / board
 Establish compliance audit mechanism to ensure adherence

6.  INTERACTIONS
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)

Internal
Roles you need to interact with inside the company to enable success 
 All Business units within BFL (Consumer & Auto finance divisions)
 Finance department
 Legal & Compliance department
 Secretarial Department
 Internal Audit Department

External
Roles you need to interact with outside the company to enable success
 RBI auditors
 Statutory auditors
 KPMG (Partner identified for overall execution framework)


7.  SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)
Required Qualifications and Experience
Educational Qualifications
a) Qualifications
 Minimum Qualification: CA / MBA
b) Work Experience
 Minimum 2-3 years of experience
 Should ideally have worked in Internal Audit Department in BFSI sector

Job role

Work location

Pune Corporate Office - Mantri

Department

Finance & Accounting

Role / Category

Finance

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 5 years

About company

Name

Bajaj Finance Limited

Job posted by Bajaj Finance Limited

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