Chief Compliance Officer

Chief Compliance Officer - Airtel Money NBFC

Key Responsibilities:

1. Compliance Framework & Governance

Establish and implement the Compliance Policy, Charter, and Framework in line with RBI Master Directions and NBFC Guidelines.

Develop systems and processes to ensure ongoing compliance with all applicable laws, rules, regulations, and internal policies.

Advise the CEO, Board, and senior management on regulatory obligations, risks, and control mechanisms.

Set up periodic compliance risk assessments and testing mechanisms across business functions.

2. Regulatory Liaison & Reporting

Act as the nodal point of contact with RBI and other regulators, ensuring timely and accurate responses.

Oversee all regulatory filings, returns, and correspondence with RBI, FIU, and other bodies.

Support management during RBI inspections, audits, and reviews, ensuring all observations are promptly addressed.

Track regulatory developments, circulars, and guidelines and interpret them for internal dissemination and implementation.

3. Policy & Process Oversight

Ensure formulation and Board approval of all mandatory policies (KYC, AML/CFT, Fair Practices Code, IT Governance, Outsourcing, etc.).

Collaborate with business, risk, operations, and technology teams to ensure policies are implemented effectively.

Establish a regulatory compliance calendar and track adherence across departments.

Review new products, partnerships, or technology integrations from a compliance perspective.

4. Training & Awareness

Build a compliance culture through periodic training, awareness programs, and communications across all levels.

Guide teams on ethical practices, conflict of interest, and data protection norms.

5. Oversight on AML/KYC / Customer Protection

Ensure compliance with Prevention of Money Laundering Act (PMLA), KYC Master Directions, and FIU-IND reporting requirements.

Implement effective monitoring and control systems for customer onboarding, suspicious transactions, and reporting.

Oversee adherence to Fair Practices Code and grievance redressal mechanisms.

6. Collaboration with Internal Control Functions

Work closely with Chief Risk Officer (CRO), Chief Information Security Officer (CISO), and Internal Audit to maintain three lines of defense framework.

Participate in Board-level Committees (Audit, Risk, IT Strategy) as required.

Key Requirements:

Experience

Minimum 12+ years of experience in compliance, risk, or regulatory roles within NBFCs, banks, or financial institutions.

Deep knowledge of RBI NBFC Master Directions, KYC/AML, Outsourcing Guidelines, and IT Governance Framework.

Prior experience in setting up compliance frameworks for new entities or digital-first financial institutions preferred.

Skills

Strong understanding of RBI regulatory ecosystem and circulars.

Excellent communication and stakeholder management skills.

High ethical standards, integrity, and judgment.

Ability to interpret complex regulations and translate them into practical processes.

Proficiency in regulatory reporting and compliance monitoring tools.

Education

Graduate / Postgraduate in Law, Finance, Commerce, or related field.

Professional certifications such as CA, CS, LLB, or CAMS preferred.