Job Summary
Company Name
Locations
Experience
Keywords / Skills
Education
Function
Role
• Other Legal/ Law
Industry
• Insurance
Salary
Summary
Posted On
Job Description
Company: MNC in Insurance
Vice President – Risk and Legal Compliance
Location: Mumbai – Corporate Office
Essential Functions:
1. Accountable for ensuring participation and execution of compliance standards in the areas of Compliance policy enforcement, Professional Standards, Client Service Agreements, Errors & Omissions (E&O), and Learning (HR).
2. Actively participate on appropriate executive, leadership, and/or operating committees, so as to ensure the Risk & Compliance function is integrated with business operations.
3. Responsible of managing regulatory relationship with and reporting to local bureaus across other country region.
4. Responsible for ensuring all TPP submissions, renewals and payments comply with company policy and procedure; ensure on time submission and renewal.
5. Interpret regulations/directives and global/regional policies; and develop procedures, policies, processes and training to support the compliance function in conjunction with all internal and external standards and regulations and communicates and executes within the country/practice.
6. Authorized to investigate all compliance and procedural issues including recommendations to the Risk and Compliance committees for consequences of potential non-compliance based on facts identified through the investigation process under auspices of Internal Review & Response.
7. Provides input to senior operational leadership on the status of compliance, transparency, and overall professional liability performance of colleagues.
8. Partners with E&O coordinator in triaging, investigating, mitigating, and closing claims as well as assisting in reviewing claims history, identifying trends, and developing awareness education to avoid repeatable incidents.
Candidate Profile:
· Holds a bachelor’s degree (LLB), or equivalent.
. Experience of 10+ years in Legal Risk and Compliance
. Industry exposure – Banking / Financial Services / Insurance.
· Member of India Risk & Compliance committee or any similar effort of the company.
Our Client clearly understands and values the worth of an eligible candidate for this position. Therefore salary will not be a constraint for the right candidate.
Please reach on [HIDDEN TEXT] / +91 9223328531.
Key Skill(s)
About Company
RightMatch is a company specializing in Recruitments of "Sr. Management Executives".
Email ID: beauty(a)rightmatch.co.in / +91 9223328531
About Recruiter
Operational and Functional
To see all related Jobs. Please CLICK HERE
Full Job Description for VP Risk and Compliance - MNC Financial Firm - Mumbai
PlacementFloor.com
PlacementFloor.com is a job portal for the upcoming and latest job opening in almost every sectors. The website automatically picks the recent openings and list them on priority.
Follow @ Twitter | Facebook | Google Plus
No Comment