About Company:

Svamaan financial Pvt. Ltd. is a microfinance institution (MFI) that helps its women customers in rural villages become economically self-sustainable by providing micro-loans. We are a new-age NBFC-MFI following a data-based approach towards meeting the twin goals of financial inclusion and driving impact for our customers.

Work Experience: Minimum 8 to 12 years

Type: Full time (work from office)

Location: Nariman Point, Mumbai

Working days: Monday to Friday & Alternative Saturday (2nd & 4th Saturdays are off)

Key Responsibilities:

1. Regulatory Compliance Monitoring
- Monitor RBI circulars, notifications, master directions, guidelines, and other regulatory developments applicable to NBFCs.
- Assess the impact of recent and amended regulations on various business functions.
- Ensure regulatory requirements are incorporated into internal policies, SOPs, and operational processes.
- Maintain a repository of applicable regulatory requirements and compliance obligations.

2. Compliance Audit
- Develop and execute a risk-based Regulatory Compliance Audit Plan.




- Conduct periodic audits across business functions
- Evaluate adherence to RBI regulations, internal policies, board-approved frameworks, and statutory requirements.
- Perform thematic and focused reviews based on regulatory risks.

3. Gap Assessment & Reporting
- Identify regulatory non-compliances, control weaknesses, and process gaps.
- Conduct root cause analysis for audit observations.
- Prepare detailed audit reports highlighting:
- Nature of non-compliance
- Regulatory reference
- Business impact
- Risk rating
- Corrective action recommendations
- Present findings to senior management and relevant stakeholders.

4. Corrective Action Tracking
- Work closely with business and functional teams to implement corrective actions.
- Monitor progress against agreed action plans.
- Validate closure of audit observations through follow-up reviews.
- Escalate unresolved or overdue observations to man

📌 Lead - Internal Audit (Mumbai)
🏢 Svamaan
📍 Mumbai