Chief Compliance Officer

Role: Chief Compliance Officer Reporting to: MD & CEO Industry Type: Fintech & Lending Employment Type: Full Time, Permanent Job Location: Delhi Joining: Immediate Minimum

Experience:

Minimum 8 years of

experience

in banking/financial services, with at least 5 years in compliance, legal, audit, finance, or risk management.

Key Responsibilities:

1.Regulatory Compliance & Governance: •Ensure the Board and executive team stay updated on regulatory changes, rules, and emerging trends. •Serve as the primary liaison between the NBFC and regulatory authorities, including RBI, ensuring timely compliance with supervisory observations and directions. •Conduct annual compliance risk assessments and develop a risk-based compliance evaluation plan for Board/CEO approval. •Report major compliance risks, breaches, and necessary corrective actions to the Board and CEO. •Oversee compliance with RBI inspection reports, regulatory frameworks, and other applicable laws. •Ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. •Maintain robust data privacy and cybersecurity compliance in alignment with regulatory expectations. 2.Compliance Program Development & Monitoring: •Design, implement, and maintain a comprehensive compliance program, integrating compliance considerations into business operations and risk management. •Conduct periodic compliance testing, monitor effectiveness, and submit findings to senior management. •Analyze compliance risks in new/existing products and implement appropriate risk mitigants. •Participate in the ‘New Product’ committee to assess compliance risks in newly introduced financial products. •Ensure prompt remediation of non-compliance issues and communicate preventive measures to relevant stakeholders. •Foster a proactive compliance culture through regular awareness programs and training initiatives. 3.Risk Management & Strategic Compliance Leadership: •Provide strategic guidance to senior management on compliance-related matters. •Conduct scenario planning to identify and mitigate potential compliance risks. •Establish key compliance metrics and Key Result Areas (KRAs) for continuous monitoring and improvement. •Lead crisis management efforts in events posing reputational risks. •Ensure adherence to regulatory and statutory compliance, including EHS, data privacy, cybersecurity, HR, POSH, DEI, and ESG compliance as evolving additions. •Oversee third-party risk management to ensure vendors and partners comply with regulatory standards. 4.Collaboration & Change Management: •Work closely with Legal, Risk, Internal Audit, and other departments to ensure compliance integration across all business functions. •Assist the Board and Senior Management in overseeing the implementation of compliance policies, procedures, and internal codes of conduct. •Promote a culture of compliance, ethics, and integrity throughout the organization. •Facilitate communication strategies for effective change management and regulatory adaptation. •Develop and oversee training programs to enhance compliance awareness across all levels of the organization.

Requirements

•Postgraduate degree in Law, Finance, CS, CA, MBA, or a related field. •Minimum 15 years of

experience

in banking/financial services, with at least 5 years in compliance, legal, audit, finance, or risk management. •Strong understanding of NBFC regulatory frameworks, RBI guidelines, and risk assessment methodologies. •Demonstrated ability to implement and oversee compliance programs, risk mitigation strategies, and regulatory reporting. •No pending vigilance cases or adverse regulatory observations. •Minimum tenure for the CCO position: Six years. •

Experience

in managing cross-functional regulatory requirements, including AML/KYC, data privacy, cybersecurity, and third-party compliance.

•Postgraduate degree in Law, Finance, CS, CA, MBA, or a related field. •Minimum 15 years of

experience

in banking/financial services, with at least 5 years in compliance, legal, audit, finance, or risk management. •Strong understanding of NBFC regulatory frameworks, RBI guidelines, and risk assessment methodologies. •Demonstrated ability to implement and oversee compliance programs, risk mitigation strategies, and regulatory reporting. •No pending vigilance cases or adverse regulatory observations. •Minimum tenure for the CCO position: Six years. •

Experience

in managing cross-functional regulatory requirements, including AML/KYC, data privacy, cybersecurity, and third-party compliance.