Compliance Officer - FinTech/NBFC

Description:

Key Responsibilities:

Risk Management:

- Develop and maintain a robust enterprise risk management (ERM) framework.

- Identify, assess, monitor, and report operational, credit, market, and strategic risks.

- Monitor and manage risks related to lending, collections, and underwriting models.

- Implement risk mitigation strategies, policies, and procedures.

- Lead periodic stress testing, scenario analysis, and risk reviews.

- Coordinate with functional teams to manage and respond to risk events.

Compliance Management:

- Ensure compliance with all applicable laws, including RBI regulations, Digital Lending Guidelines, PMLA, KYC/AML requirements, NBFC Master Directions, and IT Act.

- Monitor regulatory changes and update internal policies accordingly.

- Conduct periodic compliance audits and risk assessments.

- Liaise with regulatory authorities (RBI, FIU, etc.) and ensure timely and accurate regulatory filings and returns.

- Oversee vendor and third-party compliance, including outsourced service providers.

- Drive employee awareness programs on regulatory requirements and ethical standards.

Policy & Governance:

- Draft and maintain risk and compliance policies, SOPs, and frameworks.

- Ensure board-level reporting on risk and compliance metrics.

- Support the internal audit process and assist in implementing recommendations.

- Lead the implementation of a whistleblower policy and compliance incident reporting framework.

Qualifications & Experience:

- Education: CA / LLB / MBA / PG in Risk Management / Finance / Compliance / Law or equivalent.

- Experience: 10-15 years of relevant experience in risk and compliance roles within NBFCs, fintechs.

- Strong understanding of RBI regulations, credit/lending business, digital lending ecosystem, and data privacy laws.

- Exposure to regulatory technology (RegTech) tools and reporting systems is a plus.

Skills Required:

- Deep knowledge of Indian financial regulatory landscape.

- Strong analytical and problem-solving abilities.

- Excellent communication and stakeholder management skills.

- Ability to work independently and lead cross-functional compliance initiatives.

- Integrity, ethical judgment, and a risk-aware mindset.