Regulatory Compliance:
- Ensure that the Company's operations comply with all applicable RBI regulations, including those related to capital adequacy, asset classification, provisioning, liquidity management, and Fair Practices Code.
- Stay updated on changes in regulatory requirements and disseminate relevant information to the organization.
- Assist in implementation and maintenance of compliance policies and procedures.
- Monitor and report on compliance risks.
- PMLA/KYC Compliance:
- Ensure adherence to KYC/AML guidelines, including customer due diligence, transaction monitoring, and reporting of suspicious transactions.
- Identify and report compliance gaps and recommend corrective actions.
- Monitor the implementation of corrective actions and track their effectiveness.
- Assistance in preparation of compliance related reports to the RBI and internal management.
Automation, Training and Awareness:
- Assistance in automating systems and processes through a compliance tool
- Assistance in developing compliance training programs.
Regulatory Liaison:
- Assistance in liasioning with regulatory authorities, including the RBI and others
- Preparing response to regulatory inquiries and requests for information
- Facilitate regulatory inspections and audits
- Maintain records of regulatory communications
Qualifications and Skills:
- Bachelor's degree in finance, law, business administration, or a related field from a reputed university
- Qualified Company Secretary or Chartered Accountant with a minimum of post qualification experience of 6+ years preferably in the financial services industry, with a focus on NBFC regulations.
- Good understanding of RBI regulations, PMLA, KYC, and other relevant statutory requirements.
- Expert analytical, problem-solving, and communication skills.
- Ability to work independently and as part of a team.
- Strong ethical standards and integrity.
- Proficient in MS Office Suite.
Key Competencies:
- Attention to detail
- Strong organizational skills
- Ability to work under pressure
- Decision-making ability
- Interpersonal skills
