Compliance Manager / Officer - Fintech

Job Description

Position: Compliance Manager / Officer Company: Transcorp International Limited Location: Jaipur & Delhi Role : To lead the organizations compliance division, ensuring regulatory adherence with a particular focus on prepaid instruments and NBFC operations. This role includes managing compliance frameworks, ensuring operational and statutory compliance, and acting as a liaison with regulatory authorities like the Reserve Bank of India (RBI). Objectives : To establish a robust compliance environment, mitigate regulatory risks, and ensure that all business activities related to prepaid instruments and NBFCs align with local laws, enhancing organizational credibility and trust with stakeholders. Departmental Activity: Monitor compliance with Fair Practice Code and other relevant guidelines. Supervise and manage compliance audits, including RBI audits and internal branch audits. Provide compliance support for product and policy development in collaboration with headquarters. Act as the primary point of contact for the RBI Ombudsman, managing issues and resolutions effectively. Ensure data privacy compliance and evaluate agreements for regulatory adherence. Oversee statutory filings, reporting, and compliance-related documentation, including annual filings at the ROC. Organizational Activity: Develop and oversee the companys compliance framework in line with RBI regulations. Lead compliance efforts for the registration and operations of NBFC and prepaid instrument-related businesses. Represent the organization in interactions with regulatory bodies, including the RBI. Conduct regular training sessions to ensure organizational awareness of compliance requirements. Other: Keeping up to date with changes in laws, regulations, and best practices, and ensuring that the company is aware of and complies with any new requirements. Develop and maintain relationships with regulatory agencies and industry organizations Participate in industry groups and forums to stay informed about industry trends and best practices Preparing Daily / Monthly / Quarterly / Yearly MIS Report from time to time. All the other task assigned by the reporting authority as per requirement