NBFC Compliance & Regulatory Officer

Mayur Deep Ornaments; Pune District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Mayur Deep Ornaments in Pune invites a regulatory compliance professional to ensure adherence to RBI master directions, KYC/AML rules, and related circulars. You will monitor regulatory changes, maintain a compliance calendar, and coordinate across departments to implement new requirements.

Ideal candidate will oversee RBI returns, statutory reporting, and bureau data management, liaising with regulators and internal teams to support audits and due diligence processes.

Responsibilities

• Monitor and ensure compliance with RBI Master Directions, Circulars, Digital Lending Guidelines, Fair Practices Code, KYC/AML regulations, Outsourcing Guidelines, and other applicable regulatory requirements.
• Track new RBI notifications, circulars and regulatory changes and assess their impact on business operations.
• Maintain a regulatory compliance calendar and ensure timely completion of all compliance activities.
• Coordinate implementation of new regulatory requirements across departments.
• Prepare, review and file periodic regulatory returns and statutory reports within prescribed timelines.
• Coordinate with RBI officials whenever required.
• Maintain records required during RBI inspections and supervisory reviews.
• Assist in preparation of documents during statutory audits, internal audits and regulatory inspections.
• Upload borrower data accurately to Credit Information Companies (CIBIL, Experian, Equifax and CRIF High Mark).
• Ensure timely correction of rejected or disputed bureau records.
• Perform periodic reconciliation of bureau uploads.
• Manage submissions on RBI and other regulatory portals as applicable.
• Liaise with internal departments including Credit, Collections, Operations, Legal, Finance and IT.
• Coordinate with Company Secretary, Statutory Auditors, Internal Auditors and Legal Consultants.
• Assist management during due diligence exercises and regulatory reviews.

Job description

Regulatory Compliance

• Monitor and ensure compliance with RBI Master Directions, Circulars, Digital Lending Guidelines, Fair Practices Code, KYC/AML regulations, Outsourcing Guidelines, and other applicable regulatory requirements.
• Track new RBI notifications, circulars and regulatory changes and assess their impact on business operations.
• Maintain a regulatory compliance calendar and ensure timely completion of all compliance activities.
• Coordinate implementation of new regulatory requirements across departments.

RBI & Statutory Reporting

• Prepare, review and file periodic regulatory returns and statutory reports within prescribed timelines.
• Coordinate with RBI officials whenever required.
• Maintain records required during RBI inspections and supervisory reviews.
• Assist in preparation of documents during statutory audits, internal audits and regulatory inspections.

Credit Bureau & Regulatory Portal Management

• Upload borrower data accurately to Credit Information Companies (CIBIL, Experian, Equifax and CRIF High Mark).
• Ensure timely correction of rejected or disputed bureau records.
• Perform periodic reconciliation of bureau uploads.
• Manage submissions on RBI and other regulatory portals as applicable.

Coordination

• Liaise with internal departments including Credit, Collections, Operations, Legal, Finance and IT.
• Coordinate with Company Secretary, Statutory Auditors, Internal Auditors and Legal Consultants.
• Assist management during due diligence exercises and regulatory reviews.