Compliance Manager Finance

Hinduja Leyland Finance; Chennai; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

Hinduja Leyland Finance Ltd. in Chennai seeks a Compliance professional to interpret RBI regulations, implement prudential norms, and monitor regulatory obligations for NBFC operations.

The role involves risk assessments, regulatory reporting, review of journal entries, and coordination with Finance, Accounts, Risk and Audit teams to ensure strict compliance. The candidate should have CA or CMA with 4+ years in financial compliance, exposure to RBI Master Directions, and hands-on experience with

Qualifications

• CA or CMA with regulatory experience.
• Minimum 4 years in financial compliance in NBFCs/banks.
• Knowledge of RBI Master Directions and prudential norms preferred.
• Experience in regulatory reporting and internal audits.

Responsibilities

• Interpret, analyse and provide guidance on RBI regulations and other regulatory requirements relating to finance and prudential regulation.
• Support implementation of regulatory requirements across finance, treasury, credit, operations, risk management and business functions.
• Monitor compliance with Prudential Norms, CRAR, IRACP, fair valuation, ALM, liquidity risk and related regulations.
• Conduct compliance risk assessments, testing and ongoing monitoring of finance obligations.
• Review journal entries and financial reporting to ensure RBI compliance and proper classification.
• Utilise ERP tools and advanced Excel to support compliance monitoring and controls.
• Coordinate with Finance, Treasury, Risk, Internal Audit and Statutory Auditors for regulatory requirements.
• Provide training on regulatory developments and ensure timely closure of audit observations and RMPs.

Skills

Regulatory compliance

RBI regulations

Financial controls

Regulatory reporting

Audit support

Internal controls

Education

CA

CMA

Tools

SAP

Oracle

Advanced Excel

Job description

Job Description

The role is responsible for helping the organisation understand, implement and monitor compliance with RBI and other applicable requirements relating to financial regulations, prudential norms, lending practices, capital adequacy, asset classification, income recognition, fair practices and related regulatory obligations.

Key Roles & Responsibilities

• Interpret, analyse and provide guidance on RBI regulations, master directions, circulars, notifications, supervisory communications and other applicable regulatory requirements relating to finance and prudential regulation applicable to the Company.
• Act as the Compliance Functions finance subject matter expert and support implementation of regulatory requirements across finance, treasury, credit, operations, risk management and business functions.
• Monitor compliance with regulatory requirements relating to Prudential Norms, Capital Adequacy (CRAR), Income Recognition, Asset Classification & Provisioning (IRACP), Fair Valuation, Securitisation and Direct Assignment, Asset Liability Management (ALM), Liquidity Risk, Related Party Transactions etc.
• Conduct compliance risk assessments, compliance testing, thematic reviews and ongoing monitoring of finance related regulatory obligations.
• Review and provide compliance oversight on journal entries and financial reporting processes to ensure proper classification and adherence to applicable RBI norms, while coordinating with the Finance and Accounts teams.
• Demonstrate strong understanding of systems, processes and tools used in finance controls and reconciliation and leverage these tools effectively to support compliance monitoring and oversight.
• Monitor and ensure compliance with applicable taxation laws (GST, TDS) and other financial regulations relevant to NBFCs.
• Utilise financial systems, ERP tools (SAP/Oracle) and advanced Excel to support compliance monitoring, internal control testing and identification of gaps.
• Track and ensure timely and accurate compliance with regulatory reporting requirements of RBI, SEBI and MCA.
• Review financial statements, disclosures and related internal controls from a compliance standpoint to ensure adherence to Ind AS, Companies Act and applicable accounting standards for NBFCs.
• Provide compliance oversight on periodic financial reports, regulatory disclosures submitted to regulators.
• Maintain the Finance related Compliance Register, track compliance status, identify gaps and ensure timely closure of corrective actions.
• Assess the impact of new RBI circulars, accounting standards and supervisory communications and coordinate implementation across functions.
• Support RBI inspections, supervisory reviews, regulatory examinations, statutory audits, internal audits and other reviews relating to finance and prudential compliance.
• Monitor closure of inspection observations, audit findings, supervisory concerns and Risk Mitigation Plans (RMPs).
• Review and vet finance-related policies, procedures, frameworks, products, processes and internal circulars to ensure alignment with regulatory requirements and internal governance standards.
• Conduct training and awareness programmes on regulatory developments, prudential regulations, financial compliance requirements and emerging regulatory risks.
• Liaise with Finance, Treasury, Credit, Risk, Operations, Internal Audit, Statutory Auditors, and other teams to ensure effective implementation of regulatory requirements.
• Perform any other responsibilities relating to financial regulatory compliance as assigned by the Chief Compliance Officer from time to time.

Educational Qualification

• Chartered Accountant (CA) or Cost & Management Accountant (CMA)

Experience

• Minimum 4 years of relevant experience in financial compliance, credit compliance, regulatory reporting, finance or internal audit within NBFCs, Banks, HFCs, FinTechs, or consulting firms.
• A strong understanding of systems, processes and tools used in finance controls and reconciliation, with an ability to leverage these tools for optimal performance.
• Exposure to RBI Master Directions, prudential norms, Fair Practices Code, capital adequacy, asset classification and regulatory compliance requirements is preferred.