Key Responsibilities

- Independently head the Compliance function, reporting to the Board/Audit Committee, ensuring adequate

independence from business and operations.

- Design, implement and periodically review the Compliance policy, Fair Practices Code, KYC/AML policy, and other

regulatory policies, ensuring Board approval and adoption.

- Monitor and ensure timely compliance with all applicable RBI Master Directions/Circulars (NBFC prudential norms,

Scale-Based Regulation framework, IT Governance, Digital Lending Guidelines, Fair Practices Code, KYC/AML, Fit &

Proper norms, etc.) as well as Companies Act, SEBI (if applicable), FEMA, and other statutory requirements.

- Act as the primary point of contact (SPOC) for RBI and other regulators, including coordinating RBI inspections,

data submissions, and closure of observations/audit findings.

- Establish and oversee a compliance testing/monitoring framework, including periodic compliance audits across

branches/functions and products.

- Track regulatory changes on an ongoing basis, assess their impact on the business, and drive timely

implementation across functions.

- Review current products, processes and partnerships (co-lending, digital lending/LSP tie-ups) for regulatory

compliance before launch.

- Oversee timely and accurate filing of all regulatory returns with RBI and other authorities.





- Manage the Compliance team (if any) across locations, and build compliance awareness/training programs for

employees.

- Present periodic compliance status, regulatory risk assessment, and inspection/audit updates to the Board/Audit

Committee.

- Oversee grievance redressal mechanisms and ensure adherence to customer protection and fair practice

requirements.

- Support fit-and-proper assessment of directors/KMPs and ensure governance requirements (board composition,

committees) are met.

Desired Candidate Profile

- 10+ years of experience in Compliance/Regulatory Affairs within an NBFC, HFC, Bank or similar regulated financial

institution, with at least a few years in a leadership/independent charge capacity.

- Demonstrated experience of managing RBI inspections end-to-end, including data submission, query handling and

observation closure.

- Strong working knowledge of the RBI Scale-Based Regulation framework and applicable Master Directions for

NBFCs.

- Experience setting up or strengthening a compliance function, including policies, monitoring frameworks and

reporting to the Board/Audit Committee.

- Prior exposure to multi-location/multi-branch compliance oversight will be an advantage, given the Mumbai/Jaipur

location requirement.

📌 Chief Compliance Officer (Jaipur)
🏢 Choice International
📍 Jaipur