Compliance Officer - LAS

Key Responsibilities

• Regulatory Compliance & Governance
• Ensure compliance with RBI Master Directions for NBFCs, LAS-related regulatory norms, SEBI / depository guidelines and Companies Act compliances (CS degree holder preferred).
• Review and validate LAS documentation, lien marking, pledge creation, and release processes for adherence to regulatory standards.
• Keep abreast of new circulars, notifications, and amendments impacting LAS operations and update internal teams accordingly.
• Conduct periodic compliance reviews to ensure operational alignment with approved policies and procedures.
• Policy Implementation & Review
• Assist in drafting, reviewing, and updating LAS-related policies, Standard Operating Procedures (SOPs), and internal control frameworks.
• Work with risk and credit teams to ensure lending practices a dhere to defined risk limits, exposure norms, and collateral management standards.
• Support in aligning LAS processes with broader NBFC compliance and corporate governance frameworks.
• Monitoring & Reporting
• Monitor client-level exposures, margin call practices, and portfolio monitoring for compliance with internal and regulatory limits.
• Prepare and submit regulatory and internal compliance reports—including audit,reports, RBI returns, and periodic MIS.
• Track and report deviations, potential breaches, or non-compliance incidents with timely escalation and corrective actions.
• Audit & Inspection Coordination
• Facilitate internal, statutory, and regulatory audits, ensuring timely submission of data and resolution of audit observations.
• Conduct internal compliance checks across business, operations, and credit functions related to LAS.
• Maintain comprehensive documentation and evidence trails for all LAS compliance activities.
• Stakeholder Management
• Collaborate with Business, Operations, Risk, Credit, and Legal teams to ensure compliance is embedded into day-to-day processes.
• Act as the point of contact for regulatory inspections or information requests specific to LAS.
• Conduct compliance awareness and training sessions for employees handling LAS transactions.
  

Role Requirement

• Graduate/Postgraduate in Law, Commerce, Finance, or related field.
• Professional certifications such as Company Secretary (CS), LLB, or Certified Compliance Professional preferred.
• 5–10 years of experience in NBFC / Banking / Capital Market compliance, preferably with exposure to Loan Against Securities or secured lending products.
• In-depth understanding of RBI regulatory framework for NBFCs and LAS guidelines.
• Familiarity with SEBI, NSDL/CDSL depository operations, and securities-based lending compliance norms.
• Strong analytical and interpretation skills for reviewing circulars, policies, and legal clauses.
• Excellent reporting, documentation, and audit coordination skills.
• Proficiency in MS Excel, PowerPoint, and regulatory reporting tools.
• High ethical standards, attention to detail, and ability to work cross-functionally.