The company is a financial services firm specializing in lending, credit, and other financing solutions for individuals and businesses.
Key Responsibilities:
1. Regulatory Compliance Monitoring
• Monitor RBI circulars, notifications, master directions, guidelines, and other regulatory developments applicable to NBFCs.
• Assess the impact of new and amended regulations on various business functions.
• Ensure regulatory requirements are incorporated into internal policies, SOPs, and operational processes.
• Maintain a repository of applicable regulatory requirements and compliance obligations.
2. Compliance Audit
• Develop and execute a risk-based Regulatory Compliance Audit Plan.
• Conduct periodic audits across business functions
• Evaluate adherence to RBI regulations, internal policies, board-approved frameworks, and statutory requirements.
• Perform thematic and focused reviews based on regulatory risks.
3. Gap Assessment & Reporting
• Identify regulatory non-compliances, control weaknesses, and process gaps.
• Conduct root cause analysis for audit observations.
• Prepare detailed audit reports highlighting:
o Nature of non-compliance
o Regulatory reference
o Business impact
o Risk rating
o Corrective action recommendations
• Present findings to senior management and relevant stakeholders.
4. Corrective Action Tracking
• Work closely with business and functional teams to implement corrective actions.
• Monitor progress against agreed action plans.
• Validate closure of audit observations through follow-up reviews.
• Escalate unresolved or overdue observations to management.
5. Regulatory Advisory
• Provide guidance to business teams on interpretation and implementation of RBI regulations.
• Participate in policy reviews to ensure regulatory alignment.
• Support departments during regulatory inspections and internal/external audits.
6. Risk Management
• Identify emerging regulatory risks.
• Recommend preventive controls and process improvements.
• Strengthen the organization’s compliance culture through proactive reviews.
7. Stakeholder Management
• Collaborate with business heads, compliance, legal, risk, finance, operations, and IT teams.
• Build strong working relationships to facilitate timely implementation of audit recommendations.
8. Documentation & Governance
• Maintain comprehensive documentation of audit working papers, evidence, reports, and compliance trackers.
• Prepare periodic MIS and dashboards for management and Board-level committees.
• Ensure audit documentation meets regulatory and internal quality standards.
Required Qualifications:
• Chartered Accountant (CA), MBA (Finance), Company Secretary (CS), CMA, LLB, or equivalent professional qualification.
• Certification in Internal Audit, Risk Management, Compliance, or Regulatory Auditing will be an added advantage.
Experience:
• 8–12 years of experience in NBFCs, Banks, Financial Institutions, or Audit/Consulting firms.
• Minimum 5 years of experience in Regulatory Compliance.
• Hands-on experience in auditing RBI regulatory compliance for NBFCs.
• Experience in interacting with regulators, auditors, and senior management is preferred.
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No. Of Vacancy
1Offered Salary
45.00 - 55.00 Lac
