Job Description
Head of Compliance
Location: Mumbai
Experience: 13-18 Years
About the Role
We are seeking a seasoned Head of Compliance to lead the compliance function for a growing NBFC. The role will be responsible for ensuring adherence to RBI regulations, strengthening governance frameworks, managing regulatory interactions, and driving a strong compliance culture across the organization.
The ideal candidate should possess deep knowledge of financial services regulations, strong stakeholder management skills, and prior experience handling compliance within NBFCs, banks, fintechs, or lending institutions.
Key Responsibilities
- Lead the overall compliance framework for the organization in line with RBI and applicable regulatory requirements.
- Monitor changes in regulatory guidelines and ensure timely implementation across business functions.
- Develop, review, and strengthen internal compliance policies, SOPs, and governance processes.
- Act as the key point of contact for regulatory bodies, auditors, and internal stakeholders.
- Drive compliance monitoring, testing, reporting, and periodic risk assessments.
- Ensure adherence to KYC, AML, data privacy, fair practices code, outsourcing guidelines, and other regulatory obligations.
- Partner closely with Legal, Risk, Operations, Credit, and Business teams to ensure compliant business practices.
- Oversee regulatory filings, board reporting, inspections, and audit observations.
- Conduct compliance training and awareness programs across the organization.
- Support new product launches and business initiatives from a regulatory and governance standpoint.
- Build and lead a strong compliance team while fostering a culture of accountability and ethical conduct.
Desired Candidate Profile
- 12-18 years of experience in Compliance, Regulatory Affairs, Risk, or Governance within NBFCs, banks, fintech's, or financial institutions.
- Strong understanding of RBI regulations and compliance requirements applicable to NBFCs.
- Experience handling regulatory audits, inspections, and interactions with regulators.
- Strong exposure to KYC/AML, compliance monitoring, governance, and policy management.
- Ability to work closely with senior leadership and business stakeholders.
- Strong analytical, communication, and problem-solving skills.
- Prior experience in digital lending or fast-growth financial services environments will be an advantage.