Compliance Executive

We are looking for a detail-oriented and proactive Compliance Executive to support the organization's regulatory compliance framework. The ideal candidate should have 2-3 years of experience in compliance and regulatory reporting within a fintech/ NBFC. The role will involve ensuring adherence to RBI regulations, internal policies, and regulatory requirements while supporting business growth in a compliant manner.

The candidate will have responsibilities across the following functions:

Regulatory Compliance:

• Monitor and ensure compliance with applicable RBI guidelines, NBFC regulations, KYC/AML requirements, Fair Practices Code, and other regulatory directives.
• Track regulatory updates and assess their impact on business operations.
• Assist in implementation of regulatory changes across business functions.

Compliance Monitoring and Controls:

• Conduct compliance reviews and periodic testing of business processes.
• Support development and maintenance of compliance checklists, policies, and SOPs.
• Identify compliance gaps and coordinate corrective action plans with stakeholders.

Regulatory Reporting:

• Assist in preparation and submission of regulatory returns, filings, and reports.
• Maintain compliance records and documentation for audits and inspections.
• Support internal and external audits, regulatory reviews, and due diligence exercises.

Policy Management:

• Assist in drafting, reviewing, and updating compliance policies and procedures.
• Ensure dissemination and implementation of compliance requirements across relevant teams.

Stakeholder Coordination:

• Work closely with business, operations, legal, risk, product, and technology teams to ensure regulatory compliance.
• Provide compliance guidance on new products, processes, and business initiatives.

Risk and Governance:

• Support compliance risk assessments and monitoring activities.
• Track incidents, observations, and compliance breaches, ensuring timely closure.
• Participate in compliance training and awareness programs.

Requirements:

• Bachelor's degree in Law or qualified Company Secretary.
• 2-3 years of experience in Compliance/ Regulatory functions within a fintech or an NBFC.
• Exposure to RBI regulations and Understanding of Digital Lending.
• Strong understanding of financial services regulations and compliance requirements.
• Knowledge of RBI guidelines applicable to NBFCs and fintech businesses.
• Familiarity with KYC, AML, Customer Due Diligence (CDD), and transaction monitoring processes.
• Strong analytical and documentation skills.
• Excellent communication and stakeholder management abilities.
• Proficiency in MS Excel, PowerPoint, and reporting tools.

Preferred Skills:

• Exposure to digital lending, co-lending, embedded finance, or fintech operations.
• Experience managing compliance trackers and regulatory reporting.
• Understanding of compliance management systems and governance frameworks.