Head of Compliance - NBFC / Fintech

About the Company

FatakPay Digital Private Ltd (FatakPay) is a digital-only lending platform  that provides virtual credit facilities. The solution offers a 100% digital and paperless, quick, transparent, and secure way to transact in a multilingual format with a ‘scan now, pay later’ facility and easy repayment options.

Job Summary:

We are seeking a highly skilled and detail-oriented Compliance Officer to lead the identification, assessment, and mitigation of risks, and to ensure full compliance with applicable laws, regulations, and internal policies relevant to an NBFC operating in the fintech space. The ideal candidate will bring deep knowledge of RBI regulations, digital lending guidelines, and financial sector compliance requirements, and will be pivotal in building a strong governance and risk culture.

Key Responsibilities:

Risk Management:

• Develop and maintain a robust enterprise risk management (ERM) framework.

• Identify, assess, monitor, and report operational, credit, market, and strategic risks.

• Monitor and manage risks related to lending, collections, and underwriting models.

• Implement risk mitigation strategies, policies, and procedures.

• Lead periodic stress testing, scenario analysis, and risk reviews.

• Coordinate with functional teams to manage and respond to risk events.

Compliance Management:

• Ensure compliance with all applicable laws, including RBI regulations, Digital Lending Guidelines, PMLA, KYC/AML requirements, NBFC Master Directions, and IT Act.

• Monitor regulatory changes and update internal policies accordingly.

• Conduct periodic compliance audits and risk assessments.

• Liaise with regulatory authorities (RBI, FIU, etc.) and ensure timely and accurate regulatory filings and returns.

• Oversee vendor and third-party compliance, including outsourced service providers.

• Drive employee awareness programs on regulatory requirements and ethical standards.

Policy & Governance:

• Draft and maintain risk and compliance policies, SOPs, and frameworks.

• Ensure board-level reporting on risk and compliance metrics.

• Support the internal audit process and assist in implementing recommendations.

• Lead the implementation of a whistleblower policy and compliance incident reporting framework.

Qualifications & Experience:

• Education: CA / LLB / MBA / PG in Risk Management / Finance / Compliance / Law or equivalent.

• Experience: 10-15 years of relevant experience in risk and compliance roles within NBFCs, fintechs.

• Strong understanding of RBI regulations, credit/lending business, digital lending ecosystem, and data privacy laws.

• Exposure to regulatory technology (RegTech) tools and reporting systems is a plus.

Skills Required:

• Deep knowledge of Indian financial regulatory landscape.

• Strong analytical and problem-solving abilities.

• Excellent communication and stakeholder management skills.

• Ability to work independently and lead cross-functional compliance initiatives.

• Integrity, ethical judgment, and a risk-aware mindset.

Preferred:

• Prior experience working with growth-stage fintech NBFCs.

• Exposure to RBI’s Digital Lending Guidelines and customer data protection frameworks.

• Experience in managing internal and external audits.

Selection Process:

- Interested Candidates are mandatorily required to apply through this listing on Zigya. Only applications received through this posting will be evaluated further.

- Shortlisted candidates may be required to appear in a Screening interview administered by Zigya

- Candidates selected after the Jigya screening rounds will be interviewed by Fatakpay