Head of Regulatory Compliance

Time Hack Consulting; Bengaluru; On-site; INR 2,800,000 - 5,200,000; Full time

Job summary

Time Hack Consulting is seeking a seasoned Regulatory Compliance Lead in Bengaluru to own end-to-end RBI compliance for digital lending, NBFCs, and lending partnerships. You will act as the primary RBI point of contact for regulatory communications, inspections, and reporting, while establishing a robust governance framework across the organisation.

The ideal candidate brings 8+ years in regulatory compliance within NBFCs/fintechs, strong RBI exposure, and proven experience building compliance

Qualifications

• 8+ years of experience in Regulatory Compliance within NBFCs, fintechs, banks, or regulated financial institutions.
• Strong exposure to RBI-regulated lending businesses.
• Experience handling RBI inspections, regulatory reviews, audits, and supervisory interactions.
• Proven experience implementing compliance frameworks within a high-growth organisation.

Responsibilities

• Own and drive end-to-end RBI compliance for digital lending, NBFCs, and lending partnerships.
• Serve as the primary RBI SPOC for regulatory communications, inspections, audits, and reporting requirements.
• Establish a robust compliance framework, monitoring program, and governance across the organisation.
• Lead compliance function building: policies, controls, and team mentoring.

Skills

RBI Regulations

Regulatory Compliance

Governance

Stakeholder Management

Audit Readiness

Job description

• Own and drive end-to-end compliance with RBI regulations applicable to digital lending businesses, NBFCs, and lending partnerships.
• Act as primary SPOC for the RBI on all regulatory communications, inspections, supervisory reviews, audits, reporting requirements, and ad hoc information requests.
• Monitor evolving RBI regulations, circulars, master directions, and supervisory expectations, translating them into actionable business requirements.
• Establish a robust regulatory compliance framework, compliance monitoring program, and governance structure across the organisation.
• Ensure timely submission of all regulatory filings, returns, certifications, and compliance reports.
• Compliance Function Building
• Build and institutionalise the compliance function, policies, controls, monitoring mechanisms, and operating procedures; hire and mentor the compliance team.
• Develop scalable compliance processes that support rapid business growth while maintaining regulatory discipline.
• Drive compliance automation and technology-enabled monitoring capabilities to improve oversight and reporting.
• Product & Business Compliance
• Partner with Product, Business, Credit, Risk, Operations, Technology, and Customer Experience teams to embed compliance at the product design stage.
• Conduct regulatory assessments for new products, partnerships, features, and process changes.
• Evaluate compliance implications of lending programs, digital journeys, customer onboarding, collections, outsourcing arrangements, and third-party partnerships.
• Provide practical regulatory guidance to business teams while balancing growth objectives and regulatory expectations.
• Regulatory Inspections & Audit Readiness
• Lead RBI inspections, supervisory reviews, thematic examinations, and regulatory audits.
• Coordinate internal audits and compliance assessments, ensuring timely closure of observations and implementation of corrective actions.
• Maintain ongoing regulatory readiness through periodic reviews, control testing, and compliance assurance activities.
• Drive remediation programs arising from regulatory observations and audit findings.
• Regulatory Change Management
• Establish a structured regulatory change management process.
• Assess regulatory developments and coordinate implementation across relevant stakeholders.
• Ensure policies, procedures, controls, and operational processes remain aligned with evolving regulatory requirements.
• Stakeholder Management
• Work closely with senior leadership, risk, credit, technology, product, operations, and external regulatory stakeholders.
• Provide periodic compliance updates to leadership and Board-level committees.
• Build strong, credible relationships with regulators and industry bodies.

Key Responsibilities

• Regulatory Compliance & RBI Governance
• Own and drive end-to-end compliance with RBI regulations applicable to digital lending businesses, NBFCs, and lending partnerships.
• Act as primary SPOC for the RBI on all regulatory communications, inspections, supervisory reviews, audits, reporting requirements, and ad hoc information requests.
• Monitor evolving RBI regulations, circulars, master directions, and supervisory expectations, translating them into actionable business requirements.
• Establish a robust regulatory compliance framework, compliance monitoring program, and governance structure across the organisation.
• Ensure timely submission of all regulatory filings, returns, certifications, and compliance reports.
• Compliance Function Building
• Build and institutionalise the compliance function, policies, controls, monitoring mechanisms, and operating procedures; hire and mentor the compliance team.
• Develop scalable compliance processes that support rapid business growth while maintaining regulatory discipline.
• Drive compliance automation and technology-enabled monitoring capabilities to improve oversight and reporting.
• Product & Business Compliance
• Partner with Product, Business, Credit, Risk, Operations, Technology, and Customer Experience teams to embed compliance at the product design stage.
• Conduct regulatory assessments for new products, partnerships, features, and process changes.
• Evaluate compliance implications of lending programs, digital journeys, customer onboarding, collections, outsourcing arrangements, and third-party partnerships.
• Provide practical regulatory guidance to business teams while balancing growth objectives and regulatory expectations.
• Regulatory Inspections & Audit Readiness
• Lead RBI inspections, supervisory reviews, thematic examinations, and regulatory audits.
• Coordinate internal audits and compliance assessments, ensuring timely closure of observations and implementation of corrective actions.
• Maintain ongoing regulatory readiness through periodic reviews, control testing, and compliance assurance activities.
• Drive remediation programs arising from regulatory observations and audit findings.
• Regulatory Change Management
• Establish a structured regulatory change management process.
• Assess regulatory developments and coordinate implementation across relevant stakeholders.
• Ensure policies, procedures, controls, and operational processes remain aligned with evolving regulatory requirements.
• Stakeholder Management
• Work closely with senior leadership, risk, credit, technology, product, operations, and external regulatory stakeholders.
• Provide periodic compliance updates to leadership and Board-level committees.
• Build strong, credible relationships with regulators and industry bodies.

Ideal Candidate Profile

Experience

• 8+ years of experience in Regulatory Compliance within NBFCs, fintechs, banks, digital lending platforms, or regulated financial institutions.
• Strong exposure to RBI-regulated lending businesses.
• Experience handling RBI inspections, regulatory reviews, audits, and supervisory interactions.
• Proven experience implementing compliance frameworks within a high-growth organisation.
• Exposure to digital lending, consumer lending, unsecured lending, secured lending, or embedded finance ecosystems is preferred.

Skills: rbi,digital,regulatory compliance