NBFC Compliance Consultant (Part-time / Retainer)

• Job Title: NBFC Compliance Consultant Secured Lending (Part-time / Retainer)
• Company: Satat Tech | Authorised Frappe & ERPNext Partner
• Location: Ahmedabad (Hybrid) | Mumbai candidates considered for hybrid
• Experience: 710 years (NBFC-specific not general banking)
• Engagement Type: Consultant / Retainer | Hourly Billing | Flexible hours as per project need
• Education: CA / CS / MBA Finance / equivalent qualification less important than hands on NBFC experience

About the Engagement

• Satat Tech is implementing an end-to-end digital lending ecosystem (LOS, LMS, DMS, Accounting, Collections, Compliance Reporting) for a Secured Lending NBFC focused on Loan Against Property (LAP) and Payday Loans.
• We are a technology team we build systems. We need a compliance expert who will ensure every workflow, validation, report, and document in the system is RBI-compliant from Day 1 and stays compliant as regulations change.
• This is not a documentation role. This is an active advisory role where you will work directly with developers and guide what gets built, how it gets built, and why.

Key Responsibilities

• Monitor RBI circulars, master directions, notifications and NBFC-specific regulatory updates on a regular basis brief the tech team on impact to the system
• Define compliance requirements for: KFS and APR disclosure, IRAC/NPA auto classification and provisioning, CERSAI registration workflow, CIC fortnightly reporting to 4 bureaus, NBS and statutory returns
• Work directly with developers to convert regulations into system rules, field-level validations, automated alerts and compliance reports
• Review loan agreements, sanction letters, KFS formats, repayment schedules and customer communications for regulatory accuracy
• Advise on KYC/AML/CFT, Fair Practices Code, grievance redressal mechanism, and DPDP Act 2023 consent management in the digital journey
• Support User Acceptance Testing (UAT) from a compliance perspective before each module goes live
• Flag regulatory risks proactively before they become system problems Must Have
• Minimum 7 years in NBFC compliance, credit operations, regulatory reporting or risk NBFC specific, not general banking
• Practical hands-on experience with secured lending (LAP) from the lender's side
• Strong working knowledge of RBI Scale Based Regulation for Base Layer and Middle Layer NBFCs
• Hands-on experience with NBS returns, CIC reporting (all 4 bureaus), and CERSAI registration process
• Proven ability to explain regulations clearly to non-finance technical teams
• Familiarity with RBI Responsible Business Conduct Directions 2025 — KFS/APR requirements Good to Have
• Experience with LOS / LMS implementation at an NBFC — either as user or advisor
• DPDP Act 2023 implementation exposure
• Understanding of Payday Loan / short-term lending compliance
• B4Salary or similar digital lending platform exposure
• Network within NBFC compliance community What This Is NOT
• This is not a full-time job — flexible hourly engagement
• This is not a policy-writing role — we need system-level guidance
• This is not for someone from pure banking background with no NBFC experience
• This is not for someone who needs handholding on RBI regulations