Compliance Officer – NBFC

Propelld is looking for a compliance manager with a strong background in regulatory compliance as per RBI regulations, SEBI, Companies Act, Secretarial Standards, and local regulations guiding businesses in that industry. Propelld is a new age lending startup focusing on the education market doing an annual INR 700cr disbursal, backed by WestBridge Capital (largest in the Financial Services space – backers of Axis, HDFC, CIBIL, AU small finance bank, Sharechat, Mamaearth, etc.), looking to grow 20x times in the next the 3 years to an eventual IPO. Propelld is set to become one of the largest FinTechs in India over the next 3-4 yrs and hence growth and opportunities will be limitless in this role.

• Manage and execute policies and procedures which govern an organization’s compliance program
• Monitor and test policies and procedures to ensure they can result in compliance
• Keep an eye on the performance of the compliance program, and carry out risk assessments & compliance reviews to ensure policies and procedures are being followed
• Liaise with legal and regulatory bodies on compliance-related issues
• Responsible for the creation and update of the Compliance and Ethics Program Plan and ensuring its execution
• Responsible for establishing and setting the tone of compliance throughout the organization
• Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Conduct
• Carry out periodic evaluations of the compliance Programs and make appropriate changes and improvements
• Provide guidance on the effective response to detected problems and offer recommendations for corrective action as appropriate

• Education: Applicants to have a minimum of a Bachelor’s degree in Law, Company Secretary, or a related field
• Knowledge: In addition to educational background, the candidate is also required to have at least 5-6 years of compliance experience which could be in NBFC, Banks, or Fintech Companies
• The person must have a strong background in regulatory compliance as per RBI regulations, SEBI, Companies Act, Secretarial Standards, and local regulations guiding businesses in that industry
• Communication skills: Compliance officers are required to have excellent writing and verbal communication skills for reporting purposes, performing liaison duties, and relating to individuals in the workplace