Legal and Compliance Officer at iRecharge Tech-Innovations

Key Responsibilities

• Monitor and interpret laws, regulations, and guidelines relevant to the banking industry.
• Ensure the organization complies with all applicable internal and external legal requirements.
• Advise management and stakeholders on legal implications and risks.
• Manage regulatory relationships and ensure compliance with licensing requirements.
• Develop and implement compliance policies and procedures.
• Conduct regular audits and assessments to identify compliance gaps and mitigate risks.
• Draft, review, and negotiate legal agreements, including contracts with vendors and clients.
• Ensure legal documents comply with regulatory requirements and protect the organization's interests.
• Oversee KYC (Know Your Customer) processes to verify client identities and ensure compliance with AML (Anti-Money Laundering) regulations.
• Implement and maintain effective AML policies and procedures, and conduct training sessions on compliance-related topics to promote awareness and understanding.
• Stay updated on developments in laws, regulations, and industry best practices.

Requirements / Qualifications

• Bachelor’s Degree in Law or equivalent qualification required.
• Minimum of 5 years of experience in legal and compliance roles within the technology or financial services industry.
• Strong knowledge of banking regulations, licensing requirements, and compliance frameworks.
• Experience in drafting and negotiating legal agreements and contracts.
• Familiarity with KYC and AML regulations and practices.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Certification in Compliance (e.g., CCEP, CCO) is preferred.

Key Performance Indicators (KPIs):

• Compliance Audit Findings and Resolutions
• Timeliness and Accuracy of Regulatory Submissions and Reporting
• Effectiveness of Compliance Training Programs
• Number of Legal Agreements Successfully Negotiated and Executed
• Feedback from Regulatory Bodies on Compliance Practices