Manager / Senior Manager – Regulatory Compliance

About the Role

We are seeking an experienced Regulatory Compliance professional to join our team in Bengaluru. In this role, you will play a pivotal part in ensuring our NBFC operations strictly adhere to regulatory guidelines, primarily focusing on Reserve Bank of India (RBI) mandates. You will partner closely with business, legal, and audit teams to embed a strong compliance culture, manage regulatory risks, and facilitate seamless new product launches and digital lending partnerships.

Key Responsibilities

Regulatory Strategy & Operations

●     Compliance Testing: Formulate, develop, and implement comprehensive compliance testing plans across the organization to ensure ongoing adherence to regulatory standards.

●     RBI Liaison & Inspections: Actively support responses to RBI queries and manage ongoing regulatory correspondence. Lead or assist in the handling of RBI inspections.

●     Board Reporting: Prepare comprehensive regulatory decks, reports, and MIS for Board of Directors and specialized committee updates.

●     Policy Management: Draft, review, and maintain company policies and internal processes to reflect the latest regulatory developments.

Business Advisory & Partnership Compliance

●     Advisory Support: Coordinate with the business team to translate and implement complex compliance requirements into daily operations, acting as a trusted advisor.

●     New Product Launches: Conduct rigorous compliance checks and risk assessments prior to the launch of any new products or services.

●     Digital Lending Partnerships: Oversee compliance for partnership products, with a specific focus on creating and maintaining strict checklists for onboarding digital lending partners.

Stakeholder Management & Culture

●     Cross-Functional Coordination: Negotiate, align, and continuously follow up with internal and external stakeholders on critical compliance matters.

●     Audit & Legal Alignment: Work seamlessly with the Legal and Audit teams to ensure cohesive risk management and issue resolution.

●     Compliance Culture: Champion and foster a strong, proactive compliance-focused culture across all levels of the company.

Qualifications & Requirements

●     Experience: 5 to 6 years of dedicated experience in regulatory compliance, strictly within the NBFC sector.

●     Regulatory Expertise: Deeply well-versed in all RBI Master Directions, circulars, and guidelines applicable to NBFCs and digital lending.

●     Testing & Inspection: Proven track record in executing compliance testing programs. Prior experience successfully handling or participating in RBI inspections is highly preferred.

●     Skills: Exceptional stakeholder management, negotiation, and communication skills. Ability to draft clear policies and create executive-level presentations.

●     Work Ethic: Comfortable working in a fast-paced environment operating 5 days a week from the Bengaluru office.