Compliance Management – NBFC (Non-Secretarial)- Exp 1-2 Years in an NBFC/ BFSI, CTC =<8 lakhs

Department:

Description:

Location:

Reporting To:

Job Summary:

He/She will be responsible for ensuring that the NBFC operates within the applicable regulatory framework and adheres to internal compliance policies. The role focuses on monitoring, assessing, and implementing policies and practices to ensure adherence to RBI guidelines, financial regulations, AML/KYC norms, and other relevant laws applicable to NBFCs.

Key Responsibilities:

1. Regulatory Compliance:

• Monitor compliance with RBI guidelines for NBFCs, including periodic circulars, notifications, and master directions.
• Prepare and file periodic intimations & returns with RBI.
• Ensure compliance with applicable laws like FEMA, PMLA, and applicable provisions of Companies Act (excluding secretarial aspects).
• Maintain compliance records and documentation for regulatory inspections and audits.

2. Internal Compliance & Risk Management:

• Develop and update internal compliance policies and SOPs in line with latest regulatory updates.
• Conduct compliance reviews to identify gaps or risks.
• Ensure timely rectification of compliance observations from internal/external audits and RBI inspections.
• Assist in risk assessment and mitigation from a compliance perspective.

3. AML / KYC Compliance:

• Monitor implementation and effectiveness of KYC norms as per RBI Master Directions.
• Supervise AML/CFT compliance programs and report Suspicious Transaction Reports (STRs) to FIU-IND as required.
• Conduct training for staff on AML and KYC compliance.

4. Policy Implementation & Review:

• Assist in drafting and reviewing internal policies such as Fair Practice Code, Outsourcing Policy, Grievance Redressal Policy, etc.
• Coordinate with internal departments to ensure policy adherence.

5. Grievance Redressal Compliance:

• Monitor customer grievance redressal in line with RBI's Internal Ombudsman Guidelines.
• Ensure proper tracking, resolution, and reporting of customer complaints.

Qualifications:

• Company Secretary preferred.
• Minimum 3–5 years of experience in NBFC, BFSI, or financial regulatory compliance.
• Strong understanding of RBI regulations applicable to NBFCs.

Key Skills:

• Strong knowledge of NBFC regulatory environment
• Excellent analytical and documentation skills
• Detail-oriented with a high level of integrity
• Ability to manage multiple compliance deadlines
• Effective communication and interpersonal skills