Compliance Executive

ECL Finance; Mumbai; On-site; INR 550,000 - 750,000; Full time

Job summary

ECL Finance Limited, the MSME lending arm of Edelweiss Financial Services, seeks a Compliance Executive to support RBI-aligned compliance within an NBFC environment. The role involves monitoring and reporting, with coordination across internal teams.

Reporting to senior management, the associate will assist in regulatory filings, audits, and documentation, ensuring timely and accurate compliance across processes.

Qualifications

• 1–3 years’ experience in regulatory compliance, preferably RBI.
• Certification in Compliance, Banking, or Risk is an added advantage.
• Exposure to NBFC/Banking/Financial Services preferred.
• Knowledge of MSME lending products is a plus.

Responsibilities

• Ensure compliance with RBI guidelines, NBFC Master Directions, and regulatory circulars.
• Submit regulatory returns, filings, and disclosures to RBI and authorities.
• Track regulatory updates and assess applicability and impact.
• Monitor internal policies, SOPs, and controls for compliance.
• Assist in MSME loan process compliance, documentation, and onboarding.
• Maintain compliance checklists, trackers, registers, and records.
• Support internal audits, statutory audits, and RBI inspections.
• Collate data for audits and prepare compliance MIS dashboards.
• Coordinate with functions for compliance-related requirements.
• Maintain documentation for reviews, approvals, and filings.

Skills

RBI regulations

Attention to detail

Documentation

Communication

Coordination

Deadline tracking

Education

Graduate in Commerce, Law, Finance, or Management

CA/CS

Regulatory compliance certification ( beneficial )

Tools

MS Excel

MS Word

PowerPoint

Job description

Job Description Compliance Executive

Designation: Associate

About ECL Finance Limited

Edelweiss is one of Indias leading financial services conglomerates, serving a diversified client base across domestic and global markets. ECL Finance Limited (ECLF) is the MSME lending arm of Edelweiss Financial Services.

We play a critical role in India’s expanding credit ecosystem by enabling Micro, Small and Medium Enterprises (MSMEs) with timely, flexible and innovative financial solutions. MSMEs form the backbone of India’s economy, and our purpose is to empower them to grow, sustain and scale their businesses.

Our mission is to be a trusted financial partner to entrepreneurs in the Priority Sector, helping unlock their potential and contribute meaningfully to India’s economic progress and the vision of Atmanirbhar Bharat.

About the Role

The Junior Compliance Executive will support the Compliance function in ensuring adherence to RBI regulations, internal policies, and statutory requirements applicable to an NBFC engaged in MSME lending. The role involves compliance monitoring, reporting, and coordination with internal teams.

Reporting To: Senior Manager
Location: Mumbai

Qualifications & Experience

• Graduate in Commerce, Law, Finance, or Management / CA/ CS
• Certification/courseload in Compliance, Banking, or Risk is an added advantage
• Candidates with 1–3 years’ experience in regulatory compliance (primarily RBI)
• Exposure to NBFC/Banking/Financial Services preferred
• Knowledge of MSME lending products is a plus

Key Responsibilities

• Assist in ensuring compliance with RBI guidelines, NBFC Master Directions, and regulatory circulars.
• Support timely submission of regulatory returns, filings, and disclosures to RBI and other authorities.
• Track regulatory updates and assist in assessing their applicability and impact.
• Support implementation and monitoring of internal compliance policies, SOPs, and controls.
• Assist in compliance checks for MSME loan processes, documentation, and onboarding.
• Maintain compliance checklists, trackers, registers, and records.
• Assist during internal audits, statutory audits, and RBI inspections.
• Collate data and documentation required for audits and compliance reviews.
• Prepare basic MIS, reports, and compliance dashboards.
• Coordinate with various functions for compliance-related requirements.
• Maintain proper documentation for compliance reviews, approvals, and filings.
• Any other assignments allocated as per organization’s requirements

Skills & Competencies

• Basic understanding of RBI regulations applicable to NBFCs
• Attention to detail and strong documentation skills
• Ability to track deadlines and follow up effectively
• Good communication and coordination skills
• Proficient in MS Excel, Word, and PowerPoint