Compliance Process Lead

Job Description –Compliance (TReDS)

Designation - Senior Associate/Manager

Location: Noida

Experience: 3-5 Years

More than a mission, C2FO is a better financial system changing the way every business gains access to the working capital they need to thrive. At C2FO, everyone is an employee-owner which means we’re all invested in our work and team members. We’re a company of team players and self-starters finding new and innovative ways to get things done. If you’re excited to learn, grow, and leave your mark on our fast-growing organization, C2FO may be the place for you.

About C2FO

Headquartered in Kansas City, USA, C2FO has more than 500 employees worldwide, with operations throughout North America, Europe, India, Asia Pacific, and Australia. C2FO is the world’s largest on-demand working capital platform. Our mission is to ensure every business has the capital needed to thrive and we have delivered more than $400+ billion in funding to businesses since our founding. How do we do this? By providing fast, flexible, and equitable access to low-cost capital through our easy-to-use platform.

We provide technology with a human touch, giving our customers the direct support they need and ensuring our team members have the tools, resources, and work environment they need to deliver on our promise to customers. With the C2FO platform, businesses worldwide have more working capital to fuel their growth, create jobs and develop new products.

Benefits

At C2FO, we take care of our customers and our people – the vital human capital that helps our customers thrive. That’s why we offer a comprehensive benefits package, flexible work options for work/life balance, volunteer time off, and more. Learn more about our benefits here. (https://www.C2fo.Com/amer/us/en-us/about-us/careers

About C2FO Factoring Solution Private Limited (CFSPL/C2TReDS)

C2treds is an RBI-approved TReDS platform by C2FO, the world's on-demand working capital platform. We understand the pivotal role Indian MSMEs play in India's growth story. They contribute to about 30% of country's GDP yet face critical challenges such as restrictive debt cycles, high interest rates, and delayed payments all of which impede business cash flow. C2treds helps 1,00,000+ Indian MSMEs overcome these barriers.

C2treds brings C2FO's global experience of empowering 2 million businesses with $300+ billion in funding to India. It provides Indian MSMEs with streamlined access to working capital, enhancing their role in India's burgeoning economic landscape and aligning with C2FO's mission to advance sustained business growth worldwide

Joining C2TReDS means being part of an innovation-driven company shaping the future of MSME financial empowerment and contributing to India’s economic transformation.

About the position – Associate - Compliance, Process & Governance:

As part of C2treds, Compliance Associate is expected to independently manage the customer onboarding and assist the Compliance Head in the entire Compliance, Process & Governance function of CFSPL., Compliance Associate will be reporting into the Compliance Head.

As the compliance associate and subject matter expert, the candidate, is responsible for establishing standards and implementing procedures to ensure that the compliance programs throughout CFSPL are effective and efficient in identifying, preventing, detecting, and correcting noncompliance with applicable laws and regulations.

Review of all policies and ensure compliance, through a robust Internal Audit system.

Compliance Head will need to be upto date with all applicable policies, regulations, notifications, rules etc, published by Reserve Bank of India (RBI) from time to time.

The candidate will also be required to ensure CFSPL adopts best practices w.R.T compliance, process, governance which will be critical for sustainable growth of CFSPL in the long term.

Compliance Associate will have to provide reasonable assurance to Compliance Head, senior management and the Board that there are effective and efficient policies and procedures in place, well understood and respected by all employees, and that CFSPL is complying with all regulatory requirements. Ensure CFSPL is always on the right side of the Regulator.

Essential Duties:

• Abreast with RBI regulations with specific emphasis on RBI KYC Master Directions.
• Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements across the organization
• Update existing policies and procedures in line with RBI guidelines, notifications etc, from time to time, for REs and TReDS entities.
• Ensure compliance with regulatory filing required by RBI, at prescribed frequency and within prescribed timelines
• Interacting with regulators (RBI or any other body) on compliance matters, including response to queries from regulators & Assist in RBI returns.
• Coordinating efforts related to audits, reviews, and examinations.
• Providing guidance, advice, and training to entire CFSPL team w.R.T Compliance. · Developing policies and programs that encourage managers and employees to report suspected fraud and other improprieties, without fear of retaliation. ·
• Independently investigating and acting on matters related to compliance.
• Providing strategic direction to the management team on Compliance.
• Preparing and presenting clear and concise Compliance reports (including deviations) to the Managing Director / Board. Liaison/support the Ops and sales team with all the new initiatives including the trainings.
• Be the custodian and manage the repository of all Master Service Agreements executed with supplier, financier and buyers.

Basic Qualifications:

• Masters degrees in Banking Regulations, Finance / Management / Law · 3-5 years of years of relevant Compliance, Process & Governance experience in REs, preferably MNC Banks.
• Basic knowledge on Law will be “good to have” ·
• Strong leadership and stakeholder management skills ·
• Strong communication (spoken and written) and presentation skills

Commitment to Diversity and Inclusion. As an Equal Opportunity Employer, we not only value diversity and equality, but we also empower our team members to bring their authentic selves to work every day. Our goal is to create a workplace that reflects the communities we serve and our global, multicultural clients. We recognize the power of inclusion, emphasizing that each team member was chosen for their unique ability to contribute to the overall success of our mission.

We do not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment decisions are based on qualifications, merit, and business needs.