Senior Manager- Regulatory Compliance

You can become a part of

BharatPe has recently acquired a majority stake in Mumbai-based NBFC, Resilient Finance Private Limited (formerly known as Trillionloans Fintech Private Limited). BharatPe Capital is a 5-year-old NBFC whose portfolio majorly runs across personal loans, supply chain finance and other segments such as business loans. With this, BharatPe is now enabled to further drive financial empowerment for Bharat with continued leverage of its advanced technology stack.

As we start this new phase of growth, we are looking for motivated individuals to unlock exponential innovation and growth in the lending space. So, alongside business, we are equally focused on building a culture where employees succeed unconditionally.

We believe we are in an ever-evolving space with immense opportunity to build for Bharat! Our people will enable this journey with their ideas, innovations and capabilities. We value diversity, where we encourage. different points of view, ways of thinking, new capabilities to strengthen and improve the lives of us. customers. And that is not all, we have a lot of fun while we explore new ideas, solve real problems, collaborate, connect — and we do it all together. Connect with us over social media, coffee or call. We promise to excite you with an opportunity that will. Change the game!

Responsibilities will include:

1. Compliance Strategy: Develop and implement a comprehensive cost-effective compliance strategy aligned with the company's goals and objectives, taking into consideration regulatory changes and industry best practices.

2. Regulatory Compliance & updates: Keep stakeholders aware of and ensure strict adherence to all regulatory requirements, guidelines, and directives issued by the relevant authorities, including the Reserve Bank of India (RBI) and other regulatory bodies.

3. Policy Development: Oversee the creation, revision, and implementation of compliance policies and procedures to ensure they are in line with changing regulations and industry standards.

4. Risk Assessment and testing: Conduct regular risk assessments and compliance testing to identify potential compliance risks and develop mitigation strategies to prevent violations. Implement and maintain effective internal control systems to ensure compliance with internal policies and external regulations.

5. Training and Awareness: Establish and maintain a compliance training program for employees at all levels, ensuring they are well-informed about compliance requirements and expectations.

6. Reporting and Monitoring: Implement robust monitoring and reporting mechanisms to track compliance activities, report violations, and recommend corrective actions, and ensure timely resolution, reporting, and communication to relevant stakeholders.

7. Audit: Effectively manage the internal auditor with planning and supervision and evaluate corrective measures for satisfaction of audit findings as well as monitor adequacy of corrective procedures

8. External Relationships: Assist in attending to queries from regulatory agencies, facilitating inspections and examinations as required.

9. Monitoring Industry Trends: Stay informed about emerging trends, best practices, and changes in regulatory requirements within the NBFC and banking industry.

10. Senior Management Reporting: Formulating updates for regularly report compliance performance and issues to the senior management and the Board of Directors, highlighting areas of concern and improvement.

To succeed in the role:

Qualification & Experience (type & industry)

• LLB and CS. Advanced degrees or professional certifications (e.g., Certified Compliance Professional) are plus
• A minimum of 6-8 years of relevant experience in compliance, risk management, and regulatory affairs, with a strong preference for candidates with a background in NBFC or banking.

Skills and Know-how

• Excellent knowledge and practical experience in corporate laws, secretarial standards, NBFC compliance, RBI norms
• Excellent communication (written & oral) and interpersonal skills, with ability to clearly communicate to Senior Management and Board of Directors
• Analytical and problem-solving abilities with a keen attention to detail.
• High ethical standards and a commitment to promoting a culture of compliance and integrity