Reporting to: MD & CEO Industry Type: Fintech & Lending Employment Type: Full Time, Permanent Job Location: Delhi
Joining: Immediate
Minimum Experience: Minimum 8 years of experience in banking/financial services, with at least 5 years in compliance, legal, audit, finance, or risk management.
Key Responsibilities:
1.Regulatory Compliance & Governance:
•Ensure the Board and executive team stay updated on regulatory changes, rules, and emerging trends.
•Serve as the primary liaison between the NBFC and regulatory authorities, including RBI, ensuring timely compliance with supervisory observations and directions.
•Conduct annual compliance risk assessments and develop a risk-based compliance evaluation plan for Board/CEO approval.
•Report major compliance risks, breaches, and necessary corrective actions to the Board and CEO.
•Oversee compliance with RBI inspection reports, regulatory frameworks, and other applicable laws.
•Ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
•Maintain robust data privacy and cybersecurity compliance in alignment with regulatory expectations.
2.Compliance Program Development & Monitoring:
•Design, implement, and maintain a comprehensive compliance program, integrating compliance considerations into business operations and risk management.
•Conduct periodic compliance testing, monitor effectiveness, and submit findings to senior management.
•Analyze compliance risks in new/existing products and implement appropriate risk mitigants.
•Participate in the ‘Current Product’ committee to assess compliance risks in newly introduced financial products.
•Ensure prompt remediation of non-compliance issues and communicate preventive measures to relevant stakeholders.
•Foster a proactive compliance culture through regular awareness programs and training initiatives.