Risk and Compliance Executive (MFI) Jobs in Chennai Microfinance Institution

📋 Job Description

Jobzi is sourcing qualified candidates for Risk and Compliance Executive (MFI) positions in Chennai's private Microfinance Institution sector. This is a full-time opportunity with a reputed Microfinance and NBFC-MFI employer in Chennai offering competitive salary, structured growth, and a professional work environment. Tamil communication skills are preferred alongside English for professional and business interaction in Chennai.

📌 Key Responsibilities

• Monitor and ensure compliance with RBI NBFC-MFI master directions, circulars, and reporting obligations
• Maintain compliance calendar and track all regulatory deadlines for returns, disclosures, and filings
• Prepare and submit statutory returns and reports to RBI, FIU-IND, and other regulatory bodies as required
• Conduct periodic reviews of branch KYC, AML, and PMLA compliance and report findings to the CCO
• Support the risk function with risk control self-assessments, risk register updates, and board reporting
• Assist in implementing new RBI circulars and policy changes across branches and operations teams
• Prepare compliance and risk presentations for board committee meetings and senior management review

🎓 Qualifications and Requirements

• Are you familiar with RBI NBFC-MFI master directions, qualifying asset norms, and fair practice code requirements?
• Have you maintained a compliance calendar and tracked regulatory filing deadlines for an NBFC?
• Do you have experience preparing and submitting RBI statutory returns or FIU-IND reports?
• Are you knowledgeable about PMLA obligations, KYC norms, and AML monitoring requirements for MFIs?
• How do you communicate a new RBI circular's impact to branch operations and field teams?
• Have you supported a risk register update or risk control self-assessment for an NBFC?
• How do you handle a compliance gap identified in a branch review before the next RBI inspection?
• Good Tamil and English communication skills for team coordination and client interaction in Chennai.

✅ Required Skills