LawSikho

Deadline Open Deadline

Location Bengaluru, KarDivyaSree Towers, Bannerghatta Main Rd, KEB Colony, New Gurappana Palya, 1st Stage, BTM Layout 1, Bengaluru, Karnataka 560029, INnataka, India.

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

Rupeek is India’s leading asset-backed, digital lending fintech platform. Driven by the mission to make credit accessible to Indians in a fair and convenient way, Rupeek is pioneering innovative financial products to help monetize India’s $2 trillion gold.

Details of the Job/Internship

Rupeek Fintech is seeking a highly experienced and dynamic Compliance Officer to join their team.

Role and Responsibilities

Compliance Oversight: Assist the Board and Senior Management in implementing and overseeing the Compliance Policy, including policies and procedures, Compliance Manuals, internal codes of conduct, and more.
Compliance risk Identification and Mitigation: Identify compliance risks within the organization, analyze risks associated with existing and new products/processes, and implement appropriate risk mitigants. Participate in 'new product' committees to ensure intensive monitoring of new products for the first six months.
Monitoring and Testing: Conduct sufficient and representative compliance testing, report results to Senior Management, and circulate instances of compliance failures among staff along with preventive instructions. Examine staff accountability for major compliance failures.
Regulatory Compliance: Ensure compliance with regulatory and supervisory directions from the RBI and other regulators in both letter and spirit, in a time-bound and sustainable manner. Ensure all Risk Mitigation Plan (RMP) and Monitorable Action Plan (MAP) points are compiled within prescribed timelines.
Regulatory Liaison: Serve as the primary contact point between the company and regulators/supervisors, participate in structured or regular discussions with the RBI, and communicate compliance to RBI inspection reports through the Compliance Function.
Stakeholder Support: Act as a reference point for internal stakeholders from operational departments for clarifications/interpretations of various regulatory and statutory guidelines.

Eligibility

Minimum of 10+ years of work experience in the BFSI sector, with at least 5+ Years leadership level experience in compliance, particularly in Bank/NBFC.
CA/CS/PGDM/MBA or equivalent professional qualification.
Proven experience in dealing directly with RBI/NHB as a regulator and managing RBI/NHB audits for at least 5 years.
Demonstrated experience in dealing with Senior Board Members and Independent Directors in previous roles.
Ability to take ownership of and strengthen the compliance culture within the organization.
Understanding of regulatory requirements and internal policies relevant to the NBFC sector.
Ability to interpret and translate regulations into actionable compliance plans.
Experience in developing and implementing a Compliance Policy and related materials.
Knowledge of risk identification and mitigation strategies in a compliance context.
Proven ability to conduct compliance testing and analyze results.
Ability to clearly explain regulations and compliance procedures to internal and external stakeholders as well as to the Board.
Ability to confidently represent the company as a liaison with relevant regulatory bodies .
Strong leadership skills to foster a robust compliance culture within the organization.
Experience working effectively with a Board of Directors, including independent directors.
Ability to analyze complex regulations and identify potential compliance risks.
Skills to assess risks associated with new products and processes.
Attention to detail and accuracy in ensuring adherence to regulations.
Project management skills to oversee and manage compliance initiatives.
Staying up-to-date with regulatory changes within the BFSI sector.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

State

Karnataka

City

Bengaluru

Address

Bengaluru, KarDivyaSree Towers, Bannerghatta Main Rd, KEB Colony, New Gurappana Palya, 1st Stage, BTM Layout 1, Bengaluru, Karnataka 560029, INnataka, India.