Manager/Assistant Manager - Compliance

Role & Responsibilities:

Key highlights of the role are listed below (purely indicative and not limiting):

This position would include the mentioned set of responsibilities but not limited to:

• Reviewing of various Polices and ensuring Board/Audit/internal approval as per the requirements.
• Preparing synopses and regulatory impact analysis of new directives/circulars.
• Coordinating with internal stakeholders to update relevant policies, SOPs, and processes in line with regulatory updates.
• Conducting compliance risk assessments and internal compliance test checks to identify gaps and ensure mitigation measures are in place.
• RBI Inspection - Assisting in RBI inspection incl. obtaining data from various business, review of the data before submission
• Drafting replies to RBI inspection observations and preparing Board notes where required.
• Handling escalated complaints and matters related to the RBI Ombudsman, including closure and documentation.
• Assisting in Special projects related to Regulatory approvals, MAs, Due Diligence, Listing, Governance and sensitive matters.
• Preparing documents to updates management on any regulatory changes impacting the company, Policy benchmarking and Regulatory updates and actionable of Peers.
• Drafting, Review and Monitoring of RBI escalated complaints and Ombudsman matters.
• Compliance testing: Continuous engagement with various Business and support functions for review of various process and policies.
• Maintaining effective working relationships with internal teams to support compliance awareness.
• Supporting capacity-building initiatives by providing inputs for compliance-related training and awareness sessions.

Job specific skills:

Applicants should possess the following attributes:

• In-depth understanding of RBI regulations, circulars, and financial sector compliance requirements.
• Ability to interpret regulatory changes and translate them into actionable internal policies.
• Precision in reviewing reports, policy documents, regulatory submissions, and inspection data.
• Strong ability to assess compliance risks, interpret impact, and provide structured mitigation strategies.
• Clear and professional written and verbal communication, especially for regulator-facing documentation.