Pratik Jagdish Sawant

• Managing the Regulatory relations, ensuring that compliance is managed and maintained within set KPI guidelines.
• Networking with the Regulator and industry peers
• Leading Company Secretarial role for the entity.
• Screening Alerts (PEPs and sanctions) management. Support and advising to the businesses on ad-hoc sanctions screening of clients.
• Preparation of the policies & guidelines, internal process document providing training to staff on various Compliance topics including Financial Crime.
• Conducting the internal reviews, checks for internal process improvement. Monitoring compliances related to Insurance IT and cyber security, underwriting, claims, investments etc.
• Monitoring audit observations & implementing the action plan.
• Performing Compliance Risk Management, conducting Risk impact analysis, preparing & implementing the Risk Mitigation plan.
• Giving legal opinions with respect to the data protection, outsourcing, Confidentiality, NDAs & other Compliance & legal topics.
• Regulatory Inspection - Successfully handled the Regulatory Inspection & obtained regulatory appreciation in terms of Compliance behavior.

• Functions similar to current profile.

Achievements

Interaction with Regulator - Instrumental in drafting comments on the regulatory exposure drafts viz, Ease of Doing Business, and representation with respect to industry issues.

Regulatory Inspection - Similar to current profile (please refer above).- Innovation - Instrumental in giving legal opinion on the cyber insurance product launching, risk management / pricing tool & labor act etc.

Automation - Worked on the project of automation of the Compliance function.

• Regulatory developments / analysis / implementation. Periodic reporting
• Coordinating internal compliance reviews & checks & gap analysis.
• Supporting Company Secretarial role.

• Supporting Company Secretarial function.
• Regulatory Compliance & Surveillance function.
• Legal support.