Description: Job Summary: We are seeking an experienced Assistant Vice President (AVP) - Compliance with a strong background in NBFC (Non-Banking Financial Company) regulations to oversee and ensure adherence to all regulatory and internal compliance requirements. The ideal candidate will have 8-10 years of relevant experience in compliance within the NBFC sector, with expertise in RBI guidelines, AML/KYC, corporate governance, and risk management. Key Responsibilities: 1. Regulatory Compliance & Governance: - Ensure compliance with RBI regulations, NBFC guidelines, AML/CFT norms, and other statutory requirements. - Monitor changes in regulatory frameworks and implement necessary updates in policies and procedures. - Liaise with RBI, auditors, and other regulatory bodies for inspections, reporting, and compliance-related matters. - Prepare and submit periodic regulatory reports (e.g., FLA returns, KYC/AML reports, etc.) in a timely manner. 2. Policy Formulation & Implementation: - Develop, review, and update compliance policies, manuals, and SOPs in line with regulatory changes. - Conduct compliance risk assessments and implement mitigation strategies. - Ensure adherence to Fair Practices Code, Corporate Governance, and Data Privacy (DPDP Act, if applicable). 3. Internal Controls & Audit Management: - Conduct internal compliance audits and ensure corrective actions for any non-compliance. - Coordinate with internal & external auditors and regulatory inspectors. - Oversee transaction monitoring, fraud prevention, and grievance redressal mechanisms. 4. Training & Awareness: - Conduct compliance training programs for employees to ensure awareness of regulatory requirements. - Promote a strong compliance culture across the organization. 5. Leadership & Stakeholder Management: - Lead a team of compliance professionals and guide them on regulatory matters. - Work closely with Legal, Risk, Operations, and Business teams to ensure compliance in all functions. Qualifications & Skills Required: Education: CA/CS/LLB or MBA in Finance with certifications in Compliance (e.g., Diploma in Compliance, ICA/ACAMS). Experience: 8-10 years in NBFC compliance, with prior experience in a mid to senior compliance role (Manager/AVP level). Strong knowledge of: - RBI regulations for NBFCs (including Scale-Based Regulations, CoL, LODR, etc.) - AML/KYC, Fraud Risk Management, and Corporate Governance - Internal audit and risk assessment frameworks Skills: Excellent analytical, communication, and leadership abilities. Preferred Candidates: - Candidates with prior experience in NBFCs, FinTechs, or Banking Sector (Compliance Dept.). - Strong understanding of digital lending regulations

Mumbai

Assistant Vice President - Compliance - NBFC 

Job Description for Assistant Vice President - Compliance - NBFC  in WEN WOMENTECH PRIVATE LIMITED  in  Mumbai for (8-10) years of experience. Apply Now!