Compliance Officer - NBFC

As the Compliance Management professional in an NBFC based in Jaipur, you will play a crucial role in ensuring the organization's operations comply with the regulatory framework and internal compliance policies. Your responsibilities will include monitoring, assessing, and implementing various policies and practices to ensure adherence to RBI guidelines, financial regulations, AML/KYC norms, and other relevant laws applicable to NBFCs. Your key responsibilities will encompass the following areas: Regulatory Compliance: - Monitoring compliance with RBI guidelines, including periodic circulars, notifications, and master directions. - Preparing and filing periodic intimations & returns with RBI. - Ensuring compliance with laws such as FEMA, PMLA, and relevant provisions of the Companies Act (excluding secretarial aspects). - Maintaining compliance records and documentation for regulatory inspections and audits. Internal Compliance & Risk Management: - Developing and updating internal compliance policies and SOPs in alignment with the latest regulatory updates. - Conducting compliance reviews to identify gaps or risks. - Ensuring timely rectification of compliance observations from internal/external audits and RBI inspections. - Assisting in risk assessment and mitigation from a compliance perspective. AML / KYC Compliance: - Monitoring the implementation and effectiveness of KYC norms as per RBI Master Directions. - Supervising AML/CFT compliance programs and reporting Suspicious Transaction Reports (STRs) to FIU-IND as required. - Conducting training for staff on AML and KYC compliance. Policy Implementation & Review: - Assisting in drafting and reviewing internal policies such as Fair Practice Code, Outsourcing Policy, Grievance Redressal Policy, etc. - Coordinating with internal departments to ensure policy adherence. Grievance Redressal Compliance: - Monitoring customer grievance redressal in accordance with RBI's Internal Ombudsman Guidelines. - Ensuring proper tracking, resolution, and reporting of customer complaints. Overall, your role will be instrumental in maintaining compliance standards, managing risks, and upholding the organization's commitment to regulatory requirements and internal policies.,