Website Virtuous Advisors and Resources Pvt. ltd.
Description:
Key Responsibilities:
Regulatory Compliance:
– Ensure full compliance with the Reserve Bank of India (RBI) guidelines applicable to NBFCs, including Master Directions, Fair Practices Code, KYC/AML, and Outsourcing Guidelines.
– Ensure compliance with Digital Lending Guidelines, particularly in relation to Lending Service Providers (LSPs), including vetting and finalizing agreements.
– Track and interpret regulatory developments; assess their impact on business operations and ensure timely implementation.
Policy & Framework Development:
– Develop, review, and update internal compliance policies, SOPs, and manuals in alignment with evolving regulations.
– Advise senior management on regulatory expectations during product design, new business initiatives, and partnerships.
Monitoring:
– Conduct regular compliance reviews and audits of business and operational functions.
– Implement compliance testing and monitoring programs to identify and mitigate non compliance risks.
Training & Culture:
– Drive organization-wide awareness and training programs on compliance risk.
– Foster a compliance-first culture across all teams.
Coordination & Governance:
– Coordinate with internal audit, finance, operations, and technology teams to ensure seamless regulatory adherence.
– Serve as the primary point of contact with RBI, FIU-IND, and statutory auditors on compliance matters.
Ideal Candidate Attributes:
– Strong understanding of RBI regulations specific to NBFCs (knowledge of IRDAI regulations is a plus).
– Proven experience in a compliance-focused role within an NBFC or legal advisory firm
To apply for this job please visit www.iimjobs.com.
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