Compliance Manager

Location: Chennai (Tamarai)

Function: Compliance / Risk & Governance

Industry: NBFC / Financial Services

About the Role

We are seeking a Compliance Manager to strengthen our compliance testing and monitoring framework. The role involves independently evaluating adherence to regulatory requirements, internal policies, and operational controls across business functions. The ideal candidate should possess strong regulatory interpretation skills, hands-on experience in audit/compliance testing, and exposure to banking or NBFC environments.

Professionals from Internal Audit, Compliance Testing, Risk Assurance, or Regulatory Compliance functions within Banks, NBFCs, or Financial Institutions are encouraged to apply.

Key Responsibilities

- Execute compliance testing and reviews independently across business and support functions in line with regulatory requirements and internal policies.
- Interpret and assess applicability of RBI regulations, circulars, and guidelines relevant to NBFC operations.
- Evaluate operational processes, systems, and controls to identify compliance deviations, process gaps, and improvement opportunities.
- Prepare detailed compliance testing reports, observations, risk assessments, and actionable recommendations.
- Track and monitor closure of compliance observations and coordinate with stakeholders to ensure timely remediation.
- Engage with cross-functional teams to strengthen compliance culture and enhance control effectiveness.
- Develop, review, and update compliance testing scopes, checklists, methodologies, and SOPs.




- Maintain comprehensive compliance testing documentation, working papers, and audit trails.
- Support automation and digitization initiatives related to compliance monitoring and governance processes.
- Assist in regulatory examinations, internal audits, and management reviews by providing relevant compliance insights and documentation.

Desired Candidate Profile

Education

- Preferred: ACS / CA / CMA
- Additional certifications in Compliance, Risk Management, Internal Audit, or Governance will be an advantage.

Experience
- 5-10 years of relevant experience in:

- Internal Audit

- Compliance Testing

- Regulatory Compliance

- Risk Assurance
- Governance & Controls

- Preference for candidates from

- Banks

- NBFCs

- Financial Services organizations
- Audit / Consulting firms handling BFSI clients

Key Skills
- RBI Regulations & NBFC Compliance
- Compliance Testing & Monitoring
- Internal Audit
- Risk Assessment
- Regulatory Interpretation
- Control Testing
- Process Review & Gap Analysis
- Report Writing & Stakeholder Management
- SOP Development
- Governance, Risk & Compliance (GRC)
- Data Analysis and Process Improvement

What We Are Looking For
- Robust understanding of RBI regulatory framework applicable to NBFCs.
- Ability to independently perform compliance reviews with minimal supervision.
- Excellent analytical, documentation, and report-writing skills.
- Strong stakeholder management and follow-up abilities.
- High attention to detail and problem-solving mindset.
- Exposure to compliance automation, workflow tools, or GRC platforms will be an added advantage.

📌 Chola is Hiring Compliance Manager in Chennai
🏢 Chola
📍 Chennai