Organisation : GIC Housing Finance Ltd
Designation : Chief Compliance Officer
Qualification : Bachelor’s/Masters/PhD degree (related field)
Job Location : Mumbai
Website : https://www.gichfindia.com/
Job Openings in GIC
1. Chief Compliance Officer
Job Location : Mumbai
Related / Similar Job : Dhirubhai Ambani International School Mumbai Administrative Officer
Job description:
**Managing the Company’s compliance risk and providing support to the MD & CEO to ensure compliance.
**Assessing the compliance risks faced by the business and to ensure that the Company appropriately manages those risks.
**Report promptly to the Board / ACB / MD & CEO about any major changes / observations relating to the compliance risk.
**Ensure compliance of Supervisory observations made by RBI/NHB and/or any other directions in both letter and spirit in a time bound and sustainable manner.
**Periodically report on compliance failures/breaches to the Board/ACB and circulating to the concerned functional heads.
**Disseminating regulations to business and support function and provide ongoing advisory services to ensure that the company operates in accordance with all regulatory andlegal requirements and Head Office compliance standards.
**Correspondence with the regulators RBI, AML regulator etc.Apprise the Board and senior management on regulations, rules and standards and any further developments.
**Provide compliance opinions/clarificationsto the users on applicability of regulatory laws in relation to activities of the company.
**Preparing and presenting clear and concise compliance reports to the managementand conduct assessment of the compliance risk (at least once a year) and to develop a risk-oriented activity plan for compliance assessment.
**Promoting a compliance culture, monitor and periodically test compliance by performing sufficient and representative compliance testing.
**The results of the compliance testing should be placed to Board/ACB/MD & CEO.
**Providing guidance, advice, and/or training and educational programs, to improve businessunderstanding of related laws and regulatory requirements.
**Ensure legal / compliance diligence for new customers/ vendors on boarding: KYC, Intelligence checks and AML verification.
**Oversee and monitor the Control risks vis a visGroup standards and local regulatory environment, identify breaches and suggest/ implement mitigation measures.All responsibilities of Compliance functionas defined in RBI Circular No.RBI/2022-23/24 Ref.No. DoS.CO.PPG./SEC.01/11.01.005/2022-23 dated 11.04.2022.
Requirement and experience:
**Relevant Experience (15+yrs.)from NBFC /Financial Institutionsout of which minimum 5 years shall be in the Audit/ Finance/ Compliance/ Legal / Risk Management functions.
**Good understanding of industry and risk management, knowledge of regulations, legal framework and sensitivity to supervisor’s expectations.
**Bachelor’s/Masters/PhD degree (related field).
**Not more than 50 years
2. Branch Manager
Job description:
**To source qualitative business (Housing Loans / Non housing Loans) as per target given in conformity with the Credit Policy of the Company.
**To carry out works pertaining to branch sales operation such as customer service, ensuring branch business development, meeting business targets ofthe branch, marketing, publicity, conduct loan camps and other related activities.
**To check preliminary due diligence & credit limits of the customers and scrutinize all the documents pertaining to the property (property visits etc).
**To validate the genuineness of the customer by verifying his KYC and other related documents.
**To handle lending operations of branch, which requires speedy processing of loan applications / first stage Credit Appraisal at branch level / follow up of loan approvals with sanctioning authority / documentation / disbursements / post disbursal monitoring including safe custody of documents.
**Timely achievement of business targets set under different parameters and make the branch a profit center.
**To ensure prompt and best customer service.
**Closing of Accounts of Branch and handling Internal Audit.
**To co-ordinate with the Controlling Office of Company and carry out their instructions promptly.
**Early Mortality –NIL
**Bucket X Resolution (12 months Avg.) –97%
**Bucket 1X Resolution (12 months Avg.) –98%
**30+ Delinquency below 10%
**NPAs –As per Annual Target of the Branch
**SARFAESI / Legal on all 180+ DPD Accounts must be filed
**To achieve the branch target set for recovery / delinquency
**Transferable job –Pan India
Key Competencies Required:
**Good communication skills –verbal and written
**Inter-personal skills, leadership qualities and team management
**Multi-tasking ability
**Target orientation
Requirement & Experience:
**Age not exceeding 35 years (Minimum 27 years) as on 01-04-2022
**Any Graduation from an UGC recognized University. Post-graduation & professional qualification shall be given additional weightage.
**Minimum 4 to 6 years’ experience, working as Branch Head HandlingHousing Finance / Retail Lending / Marketing of financial products (Home Loan) / branch operations in HFCs / FIs / Banks. Exposure in housing finance is a must. Experience of heading a branch will be preferred.Extensive in-depth knowledge of local housing finance market with good networking capacity with builders /developers is a must.
**Fluency in local language (read, write & speak) besides English is must.
How To Apply For Jobs At GIC?
Interested candidates can email their CV on hrdept [AT] gichf.com