Agrim Housing Finance Pvt Ltd Hiring for Compliance Manager- NBFC at Mumbai Full Time

Sr. Manager Compliance

The Company

Agrim HFC is an Digital Lending Housing Finance Company (HFC) that caters to the informal and semi-formal self-employed businesses using a mix of technology and human touch. The Company is founded by Professional bankers and backed by Impact Investors based abroad, who wish to contribute to housing finance development in India.

The Company has established its foothold in four states i.e. Maharashtra, Karnataka, Madhya Pradesh and Tamil Nadu. With ambitions to reach out to every potential homebuyer in our segment, we are expanding to 5 States by March 2022 and 8 States in 2023. To reiterate our commitment to the customer segment we serve, and help them locate properties in their budget, we have recently launched Apna Ghar Khoj, India’s first affordable property destination that helps people find homes in the ₹5-50 lakh category.

Please find further details of the company on the following links

https://agrimhfc.com/

https://www.facebook.com/agrimhfc/

https://www.linkedin.com/company/agrim-housing-finance

http://www.apnagharkhoj.com/

Job Description

• Understanding of Capital Adequacy, and customer complaints related Compliances.
• Develop and maintain regulatory policies and procedures under the Compliance Program, including review mechanisms to ensure its continuous effectiveness in ensuring all applicable compliances by the company. Manage day-to-day operations of the Program.
• Collaborate with cross functional teams to facilitate implementation of compliance requirements at all levels/process of the organization and to direct compliance issues to existing channels for resolution.
• Ensure compliance with the statutory requirements and regulations prescribed for NBFC by RBI, NHB and all other applicable legislation.
• Highlight alleged violations of RBI laws, rules and regulations applicable to NBFCs and recommend procedures for corrective action.
• Maintaining and organize compliance records in consonance with internal control and audit mechanisms.
• Establish and drive implementation of Corporate Governance norms to ensure transparency in all operations.
• Liaise and build relations with the Registrar of Companies, Reserve Bank of India Depositories, and other statutory authorities; Periodically provide returns/forms required by them.
• Assist in advising management of the legal, regulatory implication of proposed new initiatives of the Company.
• Help develop technology solutions to support the various Compliance programs.
• Develop and disseminate Compliance and risk trainings and ongoing communications that help drive Company’s culture of compliance.

Qualification, Experience and Expertise

• This profile will be required to handle all compliances

• Education: preferably law

• Experience (5 years’ experience, Must be in compliance in Banks/NBFCs)

• Should be able to independently draft compliance checklists, manuals and other regulatory documentation.

• Experience of handling governance and compliance activities in the Banking and Financial Service Related Industry.

• Good understanding of Fair Practices code and Assets Liability Management.

Reporting to : The CFO

Job Type: Full-time

Salary: ₹643,304.55 – ₹1,109,872.20 per year

Benefits:

• Flexible schedule
• Health insurance
• Leave encashment
• Provident Fund

Schedule:

• Day shift

Supplemental pay types:

• Performance bonus

Ability to commute/relocate:

• Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• Current CTC?
• Expected CTC?
• Notice Period

Experience:

• total work: 5 years (Preferred)