Propelld - Compliance Officer - CS/LLB

About Company:

Propelld is a new age lending startup focusing in the education market doing an annual INR 700cr disbursal, backed by WestBridge Capital (largest in Financial Services space - backers of Axis, HDFC, CIBIL, AU small finance bank, Sharechat, Mamaearth, etc), looking to grow 20x times in the next 3 years to an eventual IPO. Propelld is set to become one of the largest FinTechs in India over the next 3-4 yrs and hence growth and opportunities will be limitless at this role.

Role: Compliance officer

Location: HQ at HSR, Bangalore

Expected deliverables:

The primary tasks, duties, and responsibilities of the compliance officer are listed below:

- Manage and execute policies and procedures which govern an organizations compliance program

- Monitor and test policies and procedures to ensure they can result in compliance

- Keep an eye on the performance of the compliance program, carry out risk assessments and compliance reviews to ensure policies and procedures are being followed

- Liaise with legal and regulatory bodies on compliance-related issues

- Responsible for the creation and update of the Compliance and Ethics Program Plan and ensure its execution

- Responsible for establishing and setting the tone of compliance throughout the organization

- Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Conduct

- Carry out periodic evaluation of the compliance Programs and make appropriate changes and improvements

- Provide guidance on the effective response to detected problems and offer recommendations for corrective action as appropriate.

Desired Candidate Profile:

- Education: Applicants to have a minimum of Bachelor's degree in Law, Company Secretary or related field.

- Knowledge: In addition to educational background, also required to have at least 7-9 years compliance experience which could be in the NBFC, Banks or Fintech Companies.

- Person must have strong background in regulatory compliances as per RBI regulations, SEBI, Companies Act, Secretarial Standards and local regulations guiding businesses in that industry.

- Communication skills: Compliance officers are required to have excellent writing and verbal communication skills for reporting purposes, performing liaison duties, and relating to individuals in the workplace.