Moglix - Director/Associate Director/Senior Manager - Compliance - CS + LLB

Sr. Manager / Associate Director - Compliance

Key role related skills :

1) Exposure in Fintech / NBFC set up in core compliance

2) In depth Understanding of RBI guidelines and financial regulations

3) Excellent in stakeholder mgmt.

Role Objective : We are looking for a true techno-commercial individual who will Seamlessly partnering with various stakeholders across units and corporate level to ensure high degree of compliance across pan Moglix

Role Responsibilities:

- Compliance Strategy: Develop and implement a comprehensive compliance strategy aligned with the company's goals and objectives, taking into consideration regulatory changes and industry best practices.

- Regulatory Compliance : Ensure strict adherence to all regulatory requirements, guidelines, and directives issued by the relevant authorities, including the Reserve Bank of India (RBI) and other regulatory bodies.

- Policy Development : Oversee the creation, revision, and implementation of compliance policies and procedures to ensure they are in line with changing regulations and industry standards.

- Risk Assessment : Conduct regular risk assessments to identify potential compliance risks and develop mitigation strategies to prevent violations.

- Training and Awareness : Establish and maintain a compliance training program for employees at all levels, ensuring they are well-informed about compliance requirements and expectations.

- Reporting and Monitoring : Implement robust monitoring and reporting mechanisms to track compliance activities, report violations, and recommend corrective actions.

- Internal Controls : Implement and maintain effective internal control systems to ensure compliance with internal policies and external regulations.

- External Relationships : Serve as the primary point of contact for regulatory agencies and external auditors, facilitating inspections and examinations as required.

- Ethical Conduct : Promote a culture of ethics and integrity throughout the organization, emphasizing the importance of compliance with applicable laws and regulations.

- Incident Response : Develop and maintain an incident response plan to address compliance violations and ensure timely resolution, reporting, and communication to relevant stakeholders.

- Monitoring Industry Trends : Stay informed about emerging trends, best practices, and changes in regulatory requirements within the NBFC and banking industry.

- Senior Management Reporting : Regularly report compliance performance and issues to the senior management , highlighting areas of concern and improvement

- Experience : A minimum of 5 to 8 years of relevant experience in compliance, risk management, or regulatory affairs, with a strong preference for candidates with a background in NBFC or banking.

- In-depth knowledge of Indian financial regulations and compliance requirements, including RBI guidelines.

Knowledge/ Skills:



- Strong leadership skills and the ability to build and manage a high-performing compliance team. Excellent communication, negotiation, and interpersonal skills.

- Analytical and problem-solving abilities with a keen attention to detail.

- High ethical standards and a commitment to promoting a culture of compliance and integrity.

- Proven track record of successfully managing compliance functions in a dynamic and regulated environment

Education: Company Secretary + LLB