Risk Compliance Manager
2 weeks ago
Job Title: Risk Methodology Specialist
Experience: 3+ years in Fintech, Risk Functions, Compliance
Qualification: Bachelor's in Law, Statistics, Corporate Law, or related fields
CTC - Upto 15 LPA
Location-Bangalore
Job Overview:
As a Risk Methodology Specialist/Risk Compliance Manager you will be responsible for ensuring that risk strategies align with regulatory compliance, specifically adhering to RBI guidelines, Risk Frameworks, and Master Guidelines for NBFCs and LSPs. Your role will focus on maintaining compliance with regulatory requirements while contributing to effective risk management strategies.
Key Responsibilities:Regulatory Compliance & Risk Management
- Ensure compliance with the latest RBI circulars, risk frameworks, and regulatory guidelines.
- Stay updated with evolving industry regulations such as DPDP, FIU, TRAI, and other relevant acts.
- Analyze internal documents to ensure adherence to RBI regulations and other applicable laws.
- Identify risk compliance issues and provide reports to management for informed decision-making.
Documentation & Policy Development
- Develop and maintain internal documents for credit and operational risk management in accordance with RBI guidelines.
- Draft policies related to:
- Credit product provisioning procedures.
- Regulatory reserves (provisions) assessment and formation.
- Operational risk management frameworks.
- Prepare clarifications and responses for regulatory authorities, including RBI queries on credit and operational risk.
Provisioning & Reporting
- Conduct risk assessments and ensure business decisions comply with regulatory requirements.
- Prepare and submit regular reports such as FIU, STR, RBI, and Fraud Reports.
- Keep management updated on RBI Master Circulars and Risk-related notifications.
Qualifications & Skills:
- Minimum 3+ years of experience in Fintech, Risk Functions, or Compliance.
- Strong understanding of NBFC & LSP regulatory frameworks.
- Knowledge of risk methodologies, financial regulations, and compliance processes.
- Ability to analyze legal and regulatory documents to ensure business compliance.
- Excellent communication and reporting skills.
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