Company Profile: A. K Group, a financial conglomerate was founded by Mr. A.K Mittal with a vision to operate and develop the Indian debt capital markets which were in nascent stage. A. K Group over the period has emerged as one of the most trusted Bond Houses of India, aimed at providing the most competent solutions to its clients. Proficient at the Fixed Income market Segment of the Indian Economy, the group works towards its definitive motive of A Bond in every hand. A. K Group offers varied range of financial products and services like Investment Banking, Broking &Distribution, Advisory Services, Financing and Structured Products. Location- Kalina, Mumbai (HO) Responsibilities Qualifying Questionnaire: Industry-specific questions to assess candidates qualifications and determine whether his/her objectives align with those of the organization: - Experience of drafting, vetting and implementing the Policies as applicable to Middle Layer NonBanking Financial Company. - Hands on experience on matters related to KYC, Risk Management and Credit & Risk related matters. - Experience of handling RBI Inspections - Understanding of Cyber Security and Resilience Measures / System Audit applicable to NBFC. - Ensure the compliance of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 for High Value Debt Listed Cos. Qualification: Essential Commerce Graduate, Member of ICSI (CS) Good to Have LLB, Certification course in AML & KYC, Cyber Security and/or contract management. Essential Skills (i) Communication, (ii) Drafting (iii) Interpretation of Law (iv) Handling Regulatory Inspection Job Description: i. Ensure compliance with regulatory and supervisory guidelines issued by the RBI for Middle Layer Systemically Important NBFCs (Investment and Credit Company) and Housing Finance Companies, including adherence to prudential norms, governance standards, risk management frameworks, and periodic regulatory reporting. ii. Aligning internal governance practices with RBI's Scale-Based Regulatory Framework. iii. Advise the Board and Senior Management on policy decisions and strategic compliance matters, ensuring alignment with regulatory requirements, risk management frameworks, and corporate governance best practices. iv. Developing, reviewing, and implementing internal policies in line with RBI regulations, including Fair Practices Code (FPC), AML/KYC Compliance Policies, Risk Management Framework, Asset-Liability Management (ALM) Policy, Corporate Governance and Compliance Risk Frameworks etc. v. Ensuring policy documents are updated periodically to reflect changes in regulatory requirements. vi. Monitoring and ensuring adherence to NBFC prudential norms, exposure limits, KYC Norms and risk management guidelines as applicable to Middle Layer NBFC. vii. Play the central role in identifying the level of Compliance risk. viii. Drafting, Vetting, and Negotiating Legal Agreements, Contracts, and Arrangements: (a) Drafting and reviewing legal agreements critical to NBFC operations, including loan agreements, inter-creditor agreements, service contracts, vendor agreements, and shareholder agreements. (b) Ensuring that all legal documentation aligns with RBIs regulatory framework, governance norms, and risk mitigation strategies

Mumbai

AK Capital Services - Manager/Senior Manager/Assistant Vice President - NBFC Compliances 

Job Description for AK Capital Services - Manager/Senior Manager/Assistant Vice President - NBFC Compliances  in A.K.Capital Services Ltd. in  Mumbai for (6-12) years of experience. Apply Now!