Why This Role Stands Out
This senior leadership role offers a significant opportunity to shape and scale a compliance function within a digital lending business, directly impacting regulatory governance and business growth. You'll thrive here if you possess extensive experience in RBI regulations and NBFC compliance, bringing strong commercial judgment to a dynamic environment. Apply to lead a critical function with excellent compensation and the chance to build a robust compliance framework.
Quick Overview
Job Description
๐ง๐ต๐ถ๐ ๐ฟ๐ผ๐น๐ฒ ๐ถ๐ ๐ณ๐ผ๐ฟ ๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ช๐ฒ๐ฒ๐ธ๐ฑ๐ฎ๐'๐ ๐ฐ๐น๐ถ๐ฒ๐ป๐๐
๐ฆ๐ฎ๐น๐ฎ๐ฟ๐ ๐ฟ๐ฎ๐ป๐ด๐ฒ: ๐ฅ๐ ๐ฐ๐ฑ๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ - ๐ฅ๐ ๐ฒ๐ฑ๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ (๐ถ๐ฒ ๐๐ก๐ฅ ๐ฐ๐ฑ-๐ฒ๐ฑ ๐๐ฃ๐)
Experience: 10+ yrs
Location: Bengaluru
Job Type: Full-time
We are looking for an experiencedย Head of Regulatory Complianceย to lead regulatory governance and compliance across a digital lending business. This senior leadership role requires deep expertise inย RBI regulations, NBFC compliance, digital lending guidelines, regulatory inspections, and compliance framework development.
The ideal candidate will combine strong regulatory knowledge with sound commercial judgement, ensuring that business growth, product innovation, and operational expansion remain aligned with applicable regulatory requirements. The role offers an opportunity to build and scale a robust compliance function while working closely with senior leadership, the Board, regulators, and cross-functional teams.
Key Responsibilities
- Own end-to-end compliance withย RBI regulationsย applicable to NBFCs, digital lending businesses, and lending partnerships.
- Act as the primary point of contact for RBI communications, inspections, supervisory reviews, audits, and information requests.
- Monitor regulatory developments, circulars, master directions, and supervisory expectations, translating them into actionable business requirements.
- Establish and maintain a comprehensive regulatory compliance framework, including policies, controls, monitoring programs, and governance structures.
- Ensure timely and accurate submission of regulatory returns, filings, certifications, and compliance reports.
- Build, develop, and lead the compliance function, including hiring, mentoring, and managing the compliance team.
- Implement scalable compliance processes, automation, and technology-enabled monitoring capabilities.
- Partner with Product, Business, Credit, Risk, Operations, Technology, and Customer Experience teams to integrate compliance into product development and business operations.
- Conduct regulatory assessments for new products, lending programs, partnerships, customer journeys, and process changes.
- Evaluate compliance requirements relating to customer onboarding, collections, outsourcing, third-party arrangements, and digital lending platforms.
- Lead RBI inspections, regulatory audits, thematic examinations, and supervisory reviews, ensuring effective preparation and timely resolution of observations.
- Coordinate internal audits, compliance assessments, control testing, and remediation programs.
- Establish a structuredย regulatory change managementย process to ensure policies, procedures, and controls remain aligned with evolving requirements.
- Provide regular compliance updates, risk assessments, and regulatory insights to senior leadership and Board-level committees.
- Build credible relationships with regulators, industry bodies, and external stakeholders.
- Advise business leaders on regulatory risks and provide practical solutions that balance compliance obligations with commercial objectives.
What Makes You a Great Fit
- 10+ years of experienceย in regulatory compliance within NBFCs, fintechs, banks, digital lending platforms, or other regulated financial institutions.
- Strong hands-on experience withย RBI-regulated lending businesses.
- Proven experience managing RBI inspections, regulatory audits, supervisory reviews, and regulator interactions.
- Demonstrated ability to establish and scale compliance frameworks in a growing organisation.
- Strong understanding ofย RBI regulations for NBFCs, including Scale Based Regulation.
- Expertise inย Digital Lending Guidelines, Fair Practices Code, Outsourcing Guidelines, and KYC/AML/CFT requirements.
- Familiarity with co-lending arrangements, Lending Service Provider (LSP) and Digital Lending App (DLA) models, grievance redressal, and the Ombudsman framework.
- Understanding of credit information reporting, regulatory filings, IT governance, cybersecurity, and data privacy, including theย Digital Personal Data Protection (DPDP) Act.
- Strong leadership skills with the ability to build teams, establish processes, and drive organisational accountability.
- Commercially pragmatic approach, with the ability to provide clear regulatory guidance that supports business growth.
- Strong judgement, integrity, independence, and the confidence to challenge senior stakeholders when necessary.
- Excellent communication and stakeholder-management skills, including the ability to engage with regulators, the Board, and cross-functional teams.
- Graduate or postgraduate qualification inย Law, Commerce, Finance, or a related discipline. CA, CS, LLB, MBA, or an equivalent professional qualification is preferred.