Head of Compliance

Commercial lines, personal lines and specialty programs are run as separate business units. Our claims organisation handles more than 400,000 claims a year, including catastrophe response after hurricanes and hail.

The role

This role opened up after a team member moved internally. We want someone thorough who documents everything and is comfortable telling a business line no. Remote within India. The team meets in Ahmedabad once a quarter, travel covered. Normal working hours, Monday to Friday. Good written English matters here, since most updates are written.

Day to day

• Vet new products, marketing materials and disclosures before launch.
• Monitor compliance with BSA/AML, OFAC and consumer rules such as Reg E, Reg Z and TRID.
• Write and update compliance policies and procedures.
• Train employees on annual compliance topics and new rules.
• Investigate customer complaints that raise compliance issues.
• Test branch and lending processes against policy and regulation.

Required qualifications

• Comfortable training groups and presenting to committees.
• Experience with regulatory exams (FDIC, OCC, Federal Reserve or state regulators)
• Bachelor's degree in business, finance or a related field.
• Working knowledge of BSA/AML, OFAC and consumer lending regulations.
• Organised, with a careful approach to documentation.

Preferred

• Fair lending (HMDA, CRA) experience.
• Law degree.
• Prior work as a bank examiner.

Rate: ₹18,50,000 - ₹21,50,000 pa

Pay and benefits

• Flexible hours.

Duration: 9 months. Start: Flexible.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Wrenhill Mutual Pvt Ltd.