Compliance Manager

Key Responsibilities

Regulatory Compliance

• Ensuring strict adherence to all applicable laws, regulations, and RBI guidelines specific to NBFCs.
• Monitoring and interpreting changes in regulations and assessing their impact on the organization.
• Implementing necessary changes to policies and procedures to maintain compliance
• Identifying, assessing, and monitoring compliance risks with internal policies and procedures.
• Implementing controls to mitigate identified risks.
• Integrating compliance risk management into the overall risk management framework of the NBFC.
• Conducting regular compliance training for employees to ensure awareness of relevant regulations and internal policies.  
• Monitor and test Compliance by performing sufficient and representative Compliance testing
• Ensuring that the NBFC is treating customers fairly.

Relationship Management

• Build and manage relationships with various internal and external stakeholders.
• Manage relationships with various regulators, internal and external auditors and several agencies.

Skills Required

• Strong understanding of financial regulations applicable to NBFCs.
• Understanding of various reporting requirement like CKYC/CERSAI/NeSL/Re-KYC/Bureau reporting etc.
• Excellent communication skills for effective interaction with regulators, management, and employees.
• Analytical mindset for assessing risks and developing effective compliance strategies.
• Experience in legal or regulatory roles within the financial services sector.
• Provide timely and relevant information to the management team as per requirement.