Compliance Manager

Finkurve; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Finkurve in Mumbai seeks a regulatory compliance professional to oversee RBI requirements, board support, and portal management. The role emphasizes practical compliance execution and documentation.

You will monitor regulatory updates, perform testing, and ensure timely closure of audit observations with a focus on NBFC-related RBI directives. The candidate should have 2-4 years RBI compliance experience, a CS qualification, and additional law/finance certifications.

Qualifications

• 2-4 years of RBI compliance experience, preferably with an NBFC.
• Qualified Company Secretary (CS) is required.
• Additional certification in Law or Finance is preferred.

Responsibilities

• Board and Committee support including preparing agenda papers and maintaining actionables.
• Monitor RBI regulatory communications and assess applicability to the company.
• Conduct compliance testing, document observations and recommend corrective actions.
• Manage RBI portals (DAKSH, PRAVAAH, CIMS, CMS, FIU-IND and others).
• Assist in regulatory reporting and maintain filing records.
• Assist in training and awareness on RBI regulatory developments.
• Support RBI inspections and audits and track observations for closure.
• Maintain the Compliance Management Tool (CMT) and drive improvements.
• Support the Chief Compliance Officer and help update policies and SOPs.

Skills

RBI compliance

Education

Qualified Company Secretary (CS)

Law/Finance certification

Job description

Key Roles and Responsibilities:

1. Board and Committee Support:

A. Prepare agenda papers and annexures and supporting for the Board of Directors and various Committees in terms of RBI Regulations.

A. Maintain records of compliance-related Board and Committee actionables.

2. Regulatory Compliance:

A. Monitor RBI circulars, notifications, Master Directions, press releases, and other regulatory communications.

B. Analyse regulatory changes and assess their applicability to the Company.

C. Disseminate applicable RBI regulatory updates to relevant business and support functions.

D. Coordinate with stakeholders to ensure timely implementation of regulatory requirements.

E. Maintain a regulatory tracker for monitoring implementation status.

3. Compliance Testing and Monitoring:

A. Conduct compliance testing across business functions.

B. Document observations, identify compliance gaps, and recommend corrective actions.

C. Track closure of compliance observations and ensure timely implementation of action plans.

D. Maintain evidence and documentation relating to compliance reviews.

4. RBI Portal Management:

Monitor and manage all activities relating regulatory portals, including:

• 1. DAKSH Portal
• 2. PRAVAAH Portal
• 3. CIMS Portal
• 4. CMS Portal
• 5. FIU-IND Portal
• 6. Any other RBI or regulatory reporting portal introduced from time to time.

5. Regulatory Reporting:

A. Assist in preparation and submission of periodic and event-based regulatory returns.

B. Maintain supporting documents and filing records.

6. Training and Awareness:

A. Assisting other teams in preparing presentations and awareness materials on RBI regulatory developments and compliance requirements.

7. Regulatory Inspections and Audits:

A. Assist during RBI inspections, Internal Audit, Statutory Audit, and Compliance Reviews.

B. Track audit observations and monitor timely closure.

8. Compliance Tool:

A. Monitor and manage the Company's Compliance Management Tool (CMT) on a regular basis.

B. Track the status of compliance activities and follow up with stakeholders for closure of pending items.

C. Support automation and continuous improvement initiatives relating to compliance monitoring and reporting.

9. Other Responsibilities:

A. Support the Chief Compliance Officer in day-to-day compliance activities.

B. Undertake any additional compliance-related assignments as an when delegated.

C. Assist in drafting, reviewing, updating, and maintaining the Company's policies, Standard Operating Procedures (SOPs), manuals, and internal guidelines in line with applicable RBI regulations and other statutory requirements.

Preferred Qualification

• Qualified Company Secretary (CS).
• Additional certification in Law, Finance.

Experience

• 2- 4 years of experience in RBI compliance, preferably with an NBFC.