Job highlights

- 7+ years NBFC compliance experience with LAP and RBI Scale Based Regulation expertise
- Guide system build for RBI compliance, identify gaps early, translate regulations into system requirements, support UAT reviews
- Hourly billing with flexible weekly hours, remote engagement

About Satat Technologies: We are a technology company that builds and implements digital systems for businesses. We are currently building a complete digital lending ecosystem - Loan Origination System (LOS), Loan Management System (LMS), Document Management, Collections, and Accounting - for an NBFC client focused on Loan Against Property (LAP) and secured lending.

We are technologists, not bankers. We build systems excellently. But we need an expert who deeply knows NBFC regulations to guide us - and our client - on what that system must do, must not do, and must protect against.

About This Role

This is NOT a full-time job. This is a project-based consulting engagement where you work with our tech team as an expert guide - available as needed, billed hourly, with a weekly hour commitment agreed upfront.

If the project goes well, this naturally extends into a long-term engagement across our other NBFC projects.

What You Will Do

1. Guide the build - Review every module we build (LOS, LMS, DMS, Collections) and confirm it is compliant with RBI regulations before it goes live. Not after.
2. Catch problems early - Identify malpractice, compliance gaps, or regulatory blind spots in the system design before they become expensive problems.
3. Translate regulations into system requirements - When our developer asks "what should this field do?" or "what does this screen need to capture?" - you give a specific, practical answer. Not a circular reference.

4. Guide on specific areas





KFS and APR - correct fields, correct stage of issuance, correct APR formula CERSAI - timing, auto-trigger, SARFAESI implications if missed

IRAC/NPA - 90-day DPD, income reversal, provisioning tiers

CIC fortnightly reporting - all 4 bureaus, format, consequences of errors

DPDP Act 2023 - borrower consent flow in digital journey

NACH, eSign, eStamp, disbursement controls

RBI Responsible Business Conduct Directions 2025

1. Stay current - Track RBI circulars and brief our team weekly on anything that impacts the system we are building.
2. Support UAT - Review completed modules from a compliance perspective before each release.

What This Role Is NOT: Not a full-time employment

Not a policy documentation role

Not a management or team leadership role

Not for someone who wants guaranteed fixed hours

You Must Have

Minimum 7 years in NBFC - compliance, credit operations, or regulatory reporting

Hands-on experience with LAP or secured lending from the lender's side

Practical working knowledge of RBI Scale Based Regulation for Base Layer NBFCs

Specific experience with CERSAI, CIC reporting, IRAC norms, NBS returns

Ability to communicate regulations clearly to a non-finance technical team

Comfortable reviewing system screenshots, workflow diagrams, and field-level specs

Available to respond to developer queries within 24 hours on working days

Good To Have

Experience working with a LOS or LMS implementation at an NBFC

DPDP Act 2023 implementation exposure

Understanding of Payday Loan or short-tenure lending compliance

Engagement Terms

Project-based to start | Long-term if mutually satisfactory

Hourly billing | Rate to be discussed

Weekly hour commitment agreed upfront - versatile, no fixed minimum

Remote-first | Occasional calls with our tech team

📌 NBFC Compliance Consultant - Project Based | Satat Technologies (Ahmedabad)
🏢 Satat Tech
📍 Ahmedabad