Vice President - Compliance - NBFC

Vice President - Compliance

Role & Responsibilities:

- Regulatory Compliance : Managing regulatory filings, returns, queries, and inspections conducted by RBI and NHB, ensuring compliance with all statutory and regulatory requirements.

- Risk Assessment and Monitoring : Proficient in regulatory risk assessment, compliance monitoring procedures, and managing compliance frameworks.

- Annual Compliance Risk Assessment : Conducting annual compliance risk assessments and formulating management plans.

- Compliance Reporting : Submitting periodic and detailed annual compliance reviews to the Board and Senior Management.

- Implementation Oversight : Assisting the Board and Senior Management in implementing compliance policies and procedures.

- Product Monitoring : Intensive monitoring of new products for compliance risks during the first six months of introduction.

- Compliance Testing : Performing and reporting compliance testing, examining staff accountability for compliance failures, and circulating preventive instructions.

- Regulatory Directions : Ensuring timely and effective compliance with regulatory/supervisory directions from RBI and other regulators, and reporting any issues or actions taken by other authorities.

- Training and Awareness : Developing and delivering compliance training to staff, keeping abreast of regulatory developments, and representing the company in discussions with regulatory authorities.

- Documentation and SOPs : Handling documentation, preparing standard operating procedures, processes, and controls for lending business.

Key Skills and Qualifications:

- Minimum 7 - 10 Years of handling compliance

- Must be from a MSME lending setup

- Strong communication and interpersonal skills.

- High level of maturity in dealing with the Senior Management team, regulators and other stakeholders.

- Problem solving and decision-making skills.

- Proactive in detecting compliance issues and provide suitable advice.