Compliance Manager

Indiabulls Group; Gurugram District; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Indiabulls Group seeks a qualified Compliance Head to oversee RBI, SEBI, and listing regulations for a listed Core Investment Company in India. The role emphasizes governance, regulatory reporting, and compliance management within NBFC/financial services.

The ideal candidate will lead RBI regulatory activities, ensure timely filings, maintain compliance calendars, and coordinate with regulators and internal teams to implement regulatory changes across CIC operations.

Qualifications

• Qualified CS or CA with relevant regulatory compliance experience.
• 3-8 years of regulatory compliance experience in RBI-regulated financial services.
• Strong working knowledge of RBI regulations and circulars for NBFCs and CICs.
• Preference for NBFCs, PPI, Payment Gateway/Aggregator experience.

Responsibilities

• Ensure RBI regulatory compliance for Core Investment Companies (CIC).
• Coordinate CIC regulatory requirements, capital adequacy, leverage and other prudential norms.
• Ensure SEBI regulations and stock exchange disclosure compliance for listed CICs.
• Maintain regulatory calendars and timely submissions to RBI and authorities.
• Coordinate with internal stakeholders and auditors for regulatory reporting and inspections.

Skills

Regulatory compliance

RBI regulations

Regulatory reporting

Stakeholder management

Governance

Education

CS or CA

Job description

Qualification: Qualified Company Secretary (CS) or Chartered Accountant (CA)

Industry Preference: NBFC / PPI / Payment Gateway / Payment Aggregator Services

Job Summary

We are looking for a qualified and experienced Compliance Head to oversee regulatory compliance for a listed Core Investment Company (CIC). The role will be responsible for ensuring adherence to applicable Reserve Bank of India (RBI) regulations, SEBI requirements, stock exchange regulations, and other relevant statutory and regulatory obligations.

The ideal candidate should have strong expertise in RBI regulatory compliances, corporate governance, regulatory reporting, and compliance management within the NBFC or financial services sector.

Key Responsibilities

1. RBI Regulatory Compliance

• Ensure compliance with applicable RBI guidelines, circulars, notifications, directions, and regulatory requirements relevant to Core Investment Companies.
• Monitor changes in RBI regulations and assess their impact on the company's operations.
• Ensure timely submission of statutory and regulatory returns, reports, and disclosures to the RBI and other relevant authorities.
• Maintain a regulatory compliance calendar and ensure adherence to prescribed timelines.
• Coordinate with RBI officials and other regulatory authorities for inspections, clarifications, and compliance-related matters, as required.

2. CIC-Specific Compliance

• Ensure compliance with the applicable regulatory framework governing Core Investment Companies, including relevant registration, capital adequacy, leverage, and other prudential requirements, wherever applicable.
• Monitor compliance with applicable CIC regulations and ensure proper maintenance of statutory records and regulatory documentation.
• Support regulatory assessments, internal reviews, and audits related to CIC operations.

3. Listed Company Compliance

• Ensure compliance with applicable SEBI regulations, including the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant stock exchange requirements.
• Coordinate timely filing of disclosures, corporate announcements, and other applicable submissions with stock exchanges.
• Support compliance requirements relating to board meetings, committee meetings, annual general meetings, and other corporate governance matters.
• Coordinate with the Company Secretary, Legal, Finance, and other internal stakeholders to ensure compliance with applicable corporate laws and listing obligations.

4. Compliance Monitoring and Risk Management

• Develop, implement, and monitor internal compliance policies, procedures, and controls.
• Conduct periodic compliance reviews and identify potential regulatory gaps or non-compliance risks.
• Maintain compliance trackers, risk registers, and documentation of corrective and preventive actions.
• Coordinate with internal auditors, statutory auditors, and external consultants on compliance-related matters.
• Track regulatory observations and ensure timely closure of compliance issues.

5. Regulatory Updates and Advisory

• Keep management updated on changes in applicable regulatory requirements and their business implications.
• Provide compliance guidance to internal stakeholders on RBI regulations, CIC requirements, and applicable corporate and listing compliances.
• Assist in implementing new regulatory requirements, policies, and compliance processes.

Eligibility Criteria

• Qualified Company Secretary (CS) or Chartered Accountant (CA).
• 3-8 years of relevant experience in regulatory compliance, preferably within an RBI-regulated financial services organisation.
• Strong working knowledge of RBI regulations and circulars applicable to NBFCs and Core Investment Companies.
• Preference for candidates with experience in NBFCs, Prepaid Payment Instruments (PPI), Payment Gateways, or Payment Aggregator Services.
• Familiarity with SEBI regulations, stock exchange filings, and listed-company compliance requirements.
• Strong analytical, documentation, coordination, and stakeholder-management skills.
• Ability to interpret regulatory requirements and ensure their effective implementation.
• Strong understanding of RBI regulatory frameworks.
• Knowledge of CIC-specific regulatory requirements.
• Corporate governance and regulatory reporting.
• Compliance risk assessment and monitoring.
• Attention to detail and adherence to deadlines.
• Effective communication and coordination with senior management and regulators.