TM Legal and Compliance

Job Description

Key Result Areas:Key Result Areas Supporting ActionsLitigation and contract / agreement managementReceive and respond to customer grievance emails/ lettersCoordinate with lawyers and draft ABIBL’s point of view on legal notices received, for presentation to the court/ other judicial bodiesDraft and vet all internal and external legal communications like consumer complaint reports, regulatory disclosures, service contracts , agreements and employee communications which have legal implicationsDefine and design standardized templates for contracts and agreements like – Service Level Agreements, forms for new vendor empanelment.Monitor and track all agreements which are nearing expiry, and check with clients for renewalCustomer complaints – ensuring effective and timely response is being to customer complaints and monitoring of same for making relevant process changes wherever requiredSecretarialSeek availability of directors, management team for board meetings, Annual General Meetings and other committee meetingsDraft and share meeting agendas, review inclusion / exclusion; collate agenda items to ensure smooth communication and conduct of board and committee meetingsDraft and share the Minutes of Meeting in line with the Company’s Act 2013 guidelines, ensure director’s agreement on the minutes, incorporate changes as suggested by them and circulate the final MoM to the boardDraft circular resolutions, ensure comments of all directors are received in time and document resolution in recordsCollate information from directors and make relevant annual disclosures as specified under the regulatory guidelines, to the MCA and the holding companyEnsure timely payout of dividends to shareholders through follow-ups with FinanceEnsure that the constitution of the board complies to the secretarial guidelines, by keeping the management informed of the normsStakeholder managementCoordinate with directors for their annual disclosures and ensure that they are informed of their legal responsibilitiesMaintain necessary communication with shareholdersCoordinate with the business heads to ensure completion of compliance certificates for their respective functions quarterlyLiaise with the CEO to ensure quarterly certification of overall organizational complianceSupport clients and vendors in vetting and drafting agreement of servicesCoordinate with regulators and respond to their queries pertaining to ABIBL and its operationsLiaise with international insurance brokers for ensuring mutual agreement on regulatory requirements, legal and statutory requirementsRegulatory and Risk ManagementKeep up to date with regulatory changes in a proactive manner for POSP Vertical, and review internal compliance standards periodically to ensure alignment with changesLiaise with key regulatory stakeholders to drive alignment of ABIBL approaches with the regulatory framework, and maintain strategic relationships with regulatory bodiesCommunicate regulatory changes to the functions and play an advisory role for the organization to ensure complianceReport disclosures, filings under IRDA, MCA regulatory guidelines and directives under Company’s Act 2013, Money Laundering Act, 2002 and ensure complete compliance of processesEnsure disclosure of all high quantum cash transactions and suspicious transaction report pertaining to ABIBL, in line with FIU guidelinesReport all necessary disclosures to the parent companyReview business models related to POSP vertical so that relevant risks are proactively identified and required mitigation plans are put in placeConduct process risk reviews for all existing and new SOPs to identify risks and revise the same accordingly

Keyskills :
Complaince