Assistant Vice President

3 days ago


Mumbai, India Virtuous Advisors & Resources Private Ltd Full time

Compliance:- Ensure full compliance with the Reserve Bank of India (RBI) guidelines applicable to NBFCs, including Master Directions, Fair Practices Code, KYC/AML, and Outsourcing Guidelines.- Ensure compliance with Digital Lending Guidelines, particularly in relation to Lending Service Providers (LSPs), including vetting and finalizing agreements.- Track and interpret regulatory developments; assess their impact on business operations and ensure timely implementation.Policy & Framework Development:- Develop, review, and update internal compliance policies, SOPs, and manuals in alignment with evolving regulations.- Advise senior management on regulatory expectations during product design, new business initiatives, and Conduct regular compliance reviews and audits of business and operational functions.- Implement compliance testing and monitoring programs to identify and mitigate non compliance risks.Training & Culture:- Drive organization-wide awareness and training programs on compliance risk.- Foster a compliance-first culture across all teams.Coordination & Governance:- Coordinate with internal audit, finance, operations, and technology teams to ensure seamless regulatory adherence.- Serve as the primary point of contact with RBI, FIU-IND, and statutory auditors on compliance matters.Ideal Candidate Attributes:- Strong understanding of RBI regulations specific to NBFCs (knowledge of IRDAI regulations is a plus).- Proven experience in a compliance-focused role within an NBFC or legal advisory firm (ref:iimjobs.com)



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