Compliance Advisory Role – NBFC Kairos Consulting

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a Compliance Advisory professional to lead regulatory interpretation and governance for NBFC retail lending products, including housing, vehicle, SME, and unsecured loans.

You will oversee end-to-end compliance across onboarding to collections, drive RBI inspection readiness, and ensure alignment with digital lending guidelines and partner governance.

Qualifications

• Deep knowledge of RBI regulations for retail lending including KYC/AML and Fair Practices Code.
• Strong grasp of digital lending guidelines and outsourcing guidelines.
• Experience in leading RBI inspections and interacting with regulatory authorities.

Responsibilities

• Provide compliance advisory and interpretation for Retail Assets, including Housing, Vehicle, SME, Rural and unsecured loans.
• Lead interpretation of RBI circulars, scale-based regulations, digital lending norms and emerging compliance standards.
• Review and approve policies, SOPs, playbooks, and customer-facing documents from a compliance perspective.
• Oversee compliance monitoring across the retail lending value chain: onboarding, underwriting, disbursal, documentation, collections, and branch processes.
• Implement and monitor compliance certification tools (e.g., Insights or equivalent).
• Conduct KYC/AML and ML/TF testing and compliance risk assessments for retail portfolios.
• Ensure governance for DSAs, channel partners, fintech partnerships, and branch networks.
• Lead RBI inspections for retail asset portfolios and branch networks; prepare data, draft responses, and close observations.

Skills

RBI regulations

KYC/AML

Digital lending

Compliance governance

Stakeholder influence

Regulatory interpretation

_inspection readiness

Job description

Job Role : Compliance Advisory Role- NBFC

Location : Mumbai

Key Responsibilities:

1. Compliance Advisory & Interpretation – Retail Assets:
   • Housing Loans
   • Vehicle Loans
   • Business/SME Loans
   • Rural/Unsecured Loans
   • Supply Chain Finance
   • Asset-backed & secured loan products
   • Advise product, credit, risk, and business teams on regulatory requirements for new product launches, modifications, and process changes.
   • Lead interpretation of new RBI circulars, scale-based regulations, digital lending guidelines, and emerging compliance norms.
   • Review and approve policies, SOPs, playbooks, and customer-facing documents from a compliance standpoint.
2. Compliance Framework & Monitoring:
   • Oversee compliance monitoring across the retail lending value chain – onboarding, underwriting, disbursal, documentation, collections, and branch processes.
   • Lead the implementation and monitoring of compliance certification tools (e.g., Insights or equivalent).
   • Conduct thematic reviews, compliance risk assessments, and periodic KYC/AML and ML/TF testing for retail portfolios.
   • Ensure strong governance for DSAs, channel partners, fintech partnerships, and branches.
3. Regulatory Inspection & Governance:
   • Lead RBI inspections for retail asset portfolios and branch network.
   • Drive inspection preparation, data management, response drafting, and closure of observations.
   • Liaise with RBI officials, auditors, and regulatory bodies for ongoing and event-driven compliance matters.
   • Manage regulatory filings, approvals, and applications on RBI portals.
4. Digital Lending Oversight:
   • Oversee compliance for digital retail lending journeys, including:
     • Digital onboarding
     • DLA/FLDG norms
     • First-loss guarantees
     • LSP governance
     • Repayment/collection guidelines
   • Ensure alignment with RBI’s Digital Lending Guidelines and partner-level compliance.
5. Policy, Training & Stakeholder Leadership:
   • Drive organization-wide training on compliance requirements for retail lending teams, branches, sales, credit, and operations.
   • Prepare Board and senior management updates, risk committee presentations, and compliance dashboards.
   • Assist in regulatory reporting, compliance audits, and cross-functional governance reviews.

Key Skills & Competencies:

• Deep knowledge of RBI regulations for retail lending, including KYC/AML, Fair Practices Code, digital lending, outsourcing guidelines, partner governance, and SBR norms.
• Strong understanding of the retail asset business landscape (secured & unsecured).
• Experience in leading RBI inspections and interacting with regulatory authorities.
• Ability to influence senior stakeholders and drive compliance culture.
• Strong analytical, communication, and regulatory interpretation skills.