05 Jul 2023
ciof
Lead - Compliance, 10 to 16 years in Bangalore
Ola Cabs
Bangalore
10-15 Years
Risk Identification, team management, Policies and Procedures, Legal Support, Compliance, Litigation Management, Compliance Management, Agreement, contract act
Job Description
Position: Lead - Compliance
Qualification: LLB
Experience: 10 to 16 years
Location: Bangalore
Job description
Qualification: LLB
Experience: 10 to 16 years
Location: Bangalore
Job description
- About Role :
Heading and managing the entire compliance process for both Lending and Insurance
- Job Summary:
Compliance Strategy and Advisory:
Collaborate with CEO and senior leadership of Ola Financial Services (OFS) to develop and lead implementation of compliance strategy for OFS and promote and protect OFS legal interests from Indian law perspective
Provide time-sensitive support on a wide array of Compliance inquiries in connection with all aspects of OFS business and operations. Ensure day-to-day compliance needs of all departments are adequately met
Risk Identification:
Identify and consult on compliance risks in connection with any external partnerships, development of new products, regulatory, cyber security, intellectual property requirements and any other matters as needed
Agreements and Contracts:
Draft, review, negotiate and advise internal stakeholders and negotiate with external counterparts on a variety of commercial agreements, including third party agreements, operations agreements, services agreements, partnerships, marketing agreements, etc.
External Counsel Management:
Liaise with specialist external counsel in relation to original new products, expansion into new market verticals , areas relating to compliance, privacy, or security and any other matters as needed
Litigation Management & Notices:
Strategize and manage any ongoing litigation pertaining to OFS
Legal Support:
Work with legal and advise on all ongoing legal review processes, including necessary filings, policies and procedures. Ensure compliance of all statutory and legal requirements including filing
Monitor changes to regulatory requirements and advise compliance on proactively handle regulatory developments
Policies and Procedures:
Review and drive compliance of legally required policies (e.g. Code of Ethics, Anti-corruption)
Manage fraud reporting and whistleblower policies and procedures
Team Management:
Lead, set up and scale OFS compliance team. Manage and monitor day to day operations of compliance team resources
Develop and implement internal processes for efficient and streamlined operations around developing and maintaining agreement forms, contracts and other compliance documentation and processes
Data Protection:
Broad understanding and appreciation of data protection regulations including GDPR. Advisory to Data Security teams as needed on data related legal risks
Group level compliance coordination:
Coordinate with the group level compliance team for ANI Technologies Pvt. Ltd. regarding inter-company agreements, group level policies and procedures, legal risks, etc.
- Experience:
15 + years of experience
- Additional Qualifications:
Excellent academic and law firm credentials and preferably holding a current practicing certificate
Experience working in or advising Financial Services or new age Fintech firms is highly preferred
Breadth of compliance expertise Understanding of wide variety of laws applicable to financial services firms
Experience in dealing with and resolving litigations
Sound compliance and business judgment, even in ambiguous situations
Strong customer orientation and ability to partner with business and form good working relationships
High degree of independence, initiative, decisiveness and result orientation
Ability to work independently, lead team and contribute to cross-functional teams as needed
Ability to manage multiple projects at once and meet deadlines
Thrives on working in a fast-paced, high pressure, entrepreneurial environment