Bhawana Capital is the Indian lending entity of Multitude Group, a listed European financial services group. We are an RBI-registered NBFC lending through a partner-led origination model, working with Loan Service Providers, and we are building the India business from an early base towards a substantially larger loan book.
This is a single-owner compliance role. You will not be joining a compliance department. You will be establishing one, and you will hold the statutory positions that go with it in your own name.
What You Will Own
Regulatory compliance — RBI
All RBI compliance obligations applicable to a Base Layer NBFC, including the Master Directions on KYC, outsourcing of financial services, fair practices and digital lending
Preparation and filing of periodic regulatory returns
The compliance policy framework end to end — drafting, board approval, annual review and testing
First point of contact for RBI correspondence, inspections and queries
AML and CFT — PMLA
Appointment as Principal Officer under the PMLA and registration with FIU-IND
The AML/CFT policy, the ML/TF risk assessment and customer risk categorisation
STR, CTR and related reporting to FIU-IND
Sanctions and PEP screening, and obligations under Section 51A of the UAPA
CKYCR upload and search, V-CIP and periodic re-KYC
Partner and outsourcing oversight
Compliance oversight of Loan Service Providers, covering customer-facing conduct, data handling, recovery practices, Key Fact Statement delivery and default loss guarantee arrangements
Due diligence and periodic review of outsourced arrangements
Company Secretarial And Governance
Board and committee process — agendas, papers, minutes and statutory registers
MCA and ROC filings, and Companies Act compliance generally
Support to the Board and the Designated Director on governance matters
Group
Reporting to the Group MLRO on financial crime matters, and contributing to Group-level compliance reporting and assurance.