Senior Compliance Manager

Company Details A series C company based in Bengaluru (India), operationg as a platform offering online personal loans with minimal documentation. The company offers quick loan processing through a digital platform, requiring only a few basic documents. Loans are disbursed rapidly, and the process is entirely online. Various loan products are available, catering to different needs, with flexible repayment options. The company aims to provide a seamless and hassle-free borrowing experience. Customer support is available for assistance.

Key Responsibilities

• Regulatory Leadership (RBI + SEBI + Allied Laws)

• Interpret, implement, and provide strategic guidance on RBI Master Directions, Digital Lending Guidelines (DLG), Co-Lending, FLDG, Outsourcing, Fair Practices Code (FPC), Consumer Protection norms, etc.

• Drive compliance with SEBI regulations, including LODR (Listing Obligations and Disclosure Requirements), ICDR (Issue of Capital and Disclosure Requirements), Insider Trading norms, Corporate Governance standards, etc.

• Ensure adherence to Companies Act, Insurance Laws (for embedded finance), and other applicable financial regulations.

• IPO Readiness & Capital Markets Compliance

• Lead the organization’s IPO preparedness journey, including:

• Coordination with investment bankers, legal counsels, auditors, and SEBI

• Overseeing DRHP/RHP preparation and regulatory filings

• Ensuring compliance with SEBI ICDR regulations and disclosure norms

• Build and institutionalize public company compliance frameworks, governance structures, and board-level reporting mechanisms.

• RBI Reporting & Regulatory Interface

• Own and supervise filings across RBI platforms (Pravaah, DAKSH, CIMS) with complete accuracy and timeliness.

• Act as the primary SPOC for RBI, SEBI, and other regulatory bodies for:

• Inspections, audits, and supervisory actions

• Due diligence and regulatory queries

• Manage end-to-end regulatory correspondence and escalations.

• Product & Business Compliance Oversight

• Provide strategic compliance sign-offs for:

• New lending products and partnerships (NBFC-LSP structures)

• Embedded finance & insurance-linked offerings

• Securitization / Direct Assignment transactions

• Ensure consumer protection, grievance redressal frameworks, and fair lending practices are robust and regulator-ready.

• Review and strengthen legal agreements, partner structures, and risk allocation frameworks.

• Risk Management & Compliance Testing

• Design and lead enterprise-level compliance risk assessments across the lending lifecycle (origination to recovery).

• Build testing frameworks, audit controls, and monitoring systems to proactively identify gaps.

• Present findings and action plans to Board / Compliance Committee / Senior Leadership.

• Team Leadership & Stakeholder Management

• Lead and mentor a compliance team, driving accountability and capability building.

• Partner closely with Product, Risk, Legal, Finance, and Tech teams to ensure compliance-by-design.

• Act as a trusted advisor to founders and leadership on regulatory strategy and business implications.

• Automation & Process Excellence

• Drive automation of compliance workflows, reporting systems, audit tracking, and due diligence processes.

• Implement regtech tools and dashboards for real-time compliance monitoring and reporting.

Candidate Profile Experience

• 7–12 years of experience in Compliance/Regulatory roles within:

• NBFCs / Fintechs / Banks

• OR Financial Services practice of top-tier Law/Consulting firms

• Prior experience in IPO readiness / listed company compliance / SEBI interface is strongly preferred.

Technical Expertise

• Deep expertise in:

• RBI Master Directions (NBFCs) & Digital Lending Guidelines

• SEBI Regulations (LODR, ICDR, PIT norms)

• Lending lifecycle compliance & structuring (NBFC-LSP models)

• Strong understanding of capital markets, corporate governance, and regulatory reporting frameworks.

Skills & Competencies

• Strong strategic thinking with execution ownership
• Excellent drafting, regulatory interpretation, and stakeholder management skills
• High attention to detail with process-driven mindset
• Ability to operate in a fast-paced, high-growth environment

Skills: compliance,rbi,risk