VP - Compliance

Array Job Solutions; Navi Mumbai, Mumbai; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

Array Job Solutions in Navi Mumbai seeks a Regulatory Leader to guide compliance across RBI, SEBI, IRDAI and other regulators for digital lending operations.

You will interpret directions, build governance frameworks, oversee RBI filings (Pravaah, DAKSH, CIMS), ensure consumer protection and fair lending, and mentor the compliance team under CLCO. Collaborating with Product, Risk, Legal, Finance and Tech, you will drive automated workflows and regulator-ready processes.

Responsibilities

• Regulatory Leadership (RBI + SEBI + IRDAI + other regulators)
• Interpret, implement and provide strategic guidance on RBI Directions and applicable regulations, focusing on Digital Lending Guidelines, Outsourcing, Fair Practices Code, Consumer Protection norms, DPDP Act and Rules, IRDAI regulations
• Build and institutionalize compliance frameworks, governance structures and board-level reporting mechanisms
• Ensuring timely RBI Reporting & Regulatory Interface
• Own and supervise filings across RBI platforms (Pravaah, DAKSH, CIMS) with accuracy and timeliness
• Act as the primary SPOC for RBI and other regulators for inspections, audits and queries; manage correspondence and escalations
• Product & Business Compliance Oversight; provide strategic sign-offs for new lending products and partnerships
• Ensure consumer protection and robust grievance redressal frameworks and fair lending practices
• Risk Management & Compliance Testing; design and lead enterprise-level risk assessments across the lending lifecycle
• Strategic Leadership & Stakeholder Engagement; mentor a compliance team under CLCO leadership
• Partner with Product, Risk, Legal, Finance and Tech to ensure compliance-by-design
• Automation & Process Excellence: drive automation of compliance workflows, reporting systems, audit tracking and due diligence processes

Job description

Job Description

• Regulatory Leadership (RBI + SEBI + IRDAI + other regulators)
• Interpret, implement and provide strategic guidance on applicable RBI Directions and other relevant regulations and applicable laws, with primary focus on Digital Lending Guidelines, Outsourcing, Fair Practices Code, Consumer Protection norms, DPDP Act and Rules, IRDAI Corporate Agency Regulations etc. among others.
• Build and institutionalize compliance frameworks, governance structures and board-level reporting mechanisms.
• Ensuring timely RBI Reporting & Regulatory Interface
• Own and supervise filings across RBI platforms (Pravaah, DAKSH, CIMS) with complete accuracy and timeliness.
• Act as the primary SPOC for RBI and other regulatory bodies for: Inspections, audits, and supervisory actions Due diligence and regulatory queries Manage end-to-end regulatory correspondence and escalations.
• Product & Business Compliance Oversight
• Provide strategic compliance sign-offs for new lending products and partnerships
• Ensure consumer protection, grievance redressal frameworks and fair lending practices are robust and regulator-ready.
• Risk Management & Compliance Testing Design and lead enterprise-level compliance risk assessments across the lending lifecycle. Build testing frameworks, audit controls and monitoring systems to proactively identify gaps. Present findings and action plans to Board / Committee / Senior Leadership.
• Strategic Leadership & Stakeholder Engagement mentor a compliance team under CLCO leadership, instilling accountability and building organizational capability.
• Partner closely with Product, Risk, Legal, Finance, and Tech teams to ensure compliance-by-design.
• Act as a trusted advisor to founders and leadership on regulatory strategy and business implications.
• Automation & Process Excellence: Drive automation of compliance workflows, reporting systems, audit tracking, and due diligence processes. Monitor compliance tool and dashboards for real-time compliance monitoring and reporting.