Senior Manager - Compliance Testing

Hiring Manager - Hina Doon

About Navi
Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

Founders: Sachin Bansal & Ankit Agarwal.

Know what makes you a “Navi_ite” :  

1. Perseverance, Passion and Commitment

• Passionate about Navi's mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above & beyond by taking on additional responsibilities 

• Consistently creates value for the customers and stakeholders through high-quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritises tasks and achieves higher standards 

• Adapts quickly to new roles, responsibilities and changing circumstances showing resilience and agility. 

Key Responsibilities:

• Develop and implement a comprehensive compliance testing strategy aligned with regulatory requirements and industry best practices.
• Lead a team of compliance testing professionals, providing guidance, mentoring, and performance management support.
• Design and execute compliance testing plans and procedures to evaluate the effectiveness of internal controls and adherence to regulatory standards.
• Conduct risk assessments to identify key compliance risks and prioritize testing efforts accordingly.
• Collaborate with business units, legal, risk management, and internal audit teams to coordinate compliance testing activities and ensure alignment with organizational objectives.
• Analyze testing results, identify trends, and communicate findings to senior management, highlighting areas of improvement and recommending corrective actions.
• Stay abreast of regulatory developments, emerging risks, and industry trends to continuously enhance the compliance testing program.
• Foster a culture of compliance awareness and accountability throughout the organization, promoting adherence to regulatory requirements.

Qualifications:

• Bachelor's degree in finance, business administration, law, or a related field.
• Proven experience (8+ years) in compliance testing, audit, or regulatory compliance within the financial services industry. A focus on non-banking financial services, asset management, and insurance will be desirable.
• Strong understanding of relevant regulatory requirements and industry standards.
• Demonstrated leadership skills with the ability to effectively manage teams, prioritize tasks, and drive results in a fast-paced environment.
• Excellent analytical and problem-solving skills, with a keen attention to detail and the ability to interpret complex regulations and policies.
• Outstanding communication and interpersonal skills, with the ability to influence and build relationships across all levels of the organization.
• Proactive mindset, self-motivated, and able to work independently with minimal supervision.
• Commitment to integrity, ethics, and professionalism, with a passion for promoting a culture of compliance excellence.