Internal Audit & Compliance Role – NBFC/FinTech

Laksh HR India Pvt. Ltd.; Bengaluru; On-site; Full time

Job summary

A leading compliance firm in India seeks a candidate with 5-8 years of regulatory experience particularly in digital lending compliance. Responsibilities include managing regulatory policies, creating reports for senior management, and collaborating with internal teams for compliance. The ideal candidate must hold a Company Secretary or MBA degree with strong problem-solving and communication skills, and a commitment to maintaining operational discipline.

Qualifications

• 5-8 years of regulatory experience in Banks/NBFCs/Fintechs focusing on digital lending compliance.
• Ability to communicate complex issues simply and concisely.

Responsibilities

• Create reports for senior management on regulatory changes.
• Review and recommend regulatory policies for lending products.
• Assist in fraud monitoring and reporting.
• Design product and operational processes from a regulatory view.
• Ensure all regulatory reports meet deadlines.

Skills

Regulatory compliance experience

Problem-solving skills

Strong communication skills

Operating discipline

Education

Company Secretary/MBA

Job description

As the team member of Compliance Control Function, you will be responsible for managing Regulatory compliance matters and Internal Audit.

You will be responsible for:

• Create decks/summary for the senior management to review regulatory changes and its impact on the business.
• Review and modify existing regulatory policies and recommend new policies in compliance with various regulations applicable to a lending business for unsecured and secured lending products.
• Assist the Fraud monitoring team in estimating, monitoring and reporting of fraud to the regulator as per agreed process and framework established.
• Help design the product and operational processes by evaluating them from a regulatory perspective.
• Work with Finance/Risk/Ops/Info Sec team to make sure that all regulatory reporting requirements are met within the prescribed timelines including returns, board/committee reportings.
• Support the team in coordinating and managing regulatory inspection process.
• Ensuring all sub-committees are established and functioning in accordance with regulatory requirements.
• Providing support to Big 4 consultants for carrying out periodic audits and to ensure that the actions are taken on findings in a timely manner.
• Collaborate with various internal teams to ensure compliance culture is maintained across the organisation and audits are carried out in a timely manner.

You should apply if you have:

• 5-8 years of strong regulatory experience in Banks/NBFCs/Fintechs especially compliance with digital lending compliance matters.
• Company Secretary/MBA with experience of working in a compliance environment.
• Have the ability to analyse and solve complicated problems, and distil that complexity into simple and concise communication.
• Seek high ownership, independent environments, and feedback oriented cultures.
• Must have a very strong operating discipline.
• Strong written and verbal communication skills.