Compliance

Compliance Manager

4+ Years I 1 Opening

Chennai

Who we are?

Kaleidofin is a fintech focused on the goal to unlock access to tailored finance for women, agriculture and nano entrepreneurs. We provide the ki credit platform, combining credit health assessment (ki score), middleware rails and best-in-class risk management (ki view) to enable the financial ecosystem to better serve customers. By building credit health scores for impactful finance and innovating on debt structures that scale inclusion, Kaleidofin is achieving this goal – in India, Bangladesh and East Africa and expanding.

Kaleidofin recently raised USD 13.8 million in a funding round led by Rabo Partnerships, bringing our total capital raised to USD 37 million. This funding fuels our mission to build a digital ecosystem ensuring finance for everyone, everywhere. Over the years, Kaleidofin has been supported by a diverse group of marquee investors, including the Bill & Melinda Gates Foundation, the Michael & Susan Dell Foundation, Oiko Credit, Flourish, Omidyar Network, Blume Ventures, and Bharat Fund, each of whom shares our commitment to financial inclusion and impact.

Kaleidofin has received exceptional international recognition in being featured as one of only six Indian companies on the Forbes 100 To Watch in Asia list and in being selectedtopresentat the UnitedNationsGeneralAssemblySpecialTaskForce Event.

ThecompanywontheAmazonAIConclaveawardforFintech,wasoneofonlytenstartupschosenfor the Google LaunchPad Accelerator program in 2019 and was recognized as India’s Most Innovative Wealth, Asset and Investment Management Service/Product by the Internet & Mobile Association ofIndia(IAMAI). Kaleidofin won the Swanari TechSprint 2023, organized by the RBI Innovation Hub, showcasing its product leadership in the financial inclusion space in India. It was a finalist in the India Fintech Forum Awards (IFTA) 2023 for "Best Use of AI in Fintech" as well as a finalist at the prestigious Global SME Finance Awards 2024 hosted by the SME Finance Forum and International Finance Corporation (IFC). Most recently, Kaleidofin is a finalist at the prestigious G20 TechSprint 2024 - Technology for the Planet.


With its focus to harness technology to deliver seamless experiences and data-centric products, Kaleidofin aims to become a leading player in enabling finance for everyone, everywhere. We also invest in culture and team growth, reflective in our selection as a Great Place to Work for multiple years.

To know more about Kaleidofin, do visit our site https://kaleidofin.com

What you’ll do?

• Maintaining oversight of the developments in the MFD, RIA, NBFC, digital lending, and account aggregator, to proactively manage the potential regulatory risk exposure of affected divisions/departments and ensure compliance with the statutory requirements and regulations prescribed by SEBI / AMFI / RBI / FIU-IND and all other applicable legislations.

• Develop, implement, and maintain regulatory policies/procedures/processes under the Compliance Program, including review mechanisms & processing, to ensure its continuous effectiveness in ensuring all applicable compliances by the company. Identifying and assessing Compliance risks in business & operation functions, and their mitigation measures including checks.

• Collaborate with cross-functional teams to facilitate the implementation of compliance requirements at all levels/processes of the organization. Work closely with internal teams to ensure the relevant legal and regulatory requirements are well understood and reflected in the relevant documentation and internal procedures and processes.

• Develop solutions to address specific challenges faced by the business units in regulatory compliance matters including impact assessments. Being the face of the Compliance unit, in discussion with the Product team to ensure all regulatory gaps are addressed and executed as per regulatory requirements. Review new products/ features on the platform and provide sign-off on the control testing reports.

• Responsible for the preparation of reports related to compliance with internal & external stakeholders/parties and submitting updates to senior management on critical compliance issues for immediate attention and escalation.

• Assisting with evaluating telecalls, conducting internal compliance reviews/audits, analyzing investment patterns and preparation of Suspicious Transaction Report (STR), and monitoring activities, of the departments involved. Obtaining data from various departments & review the same before submission for audits/inspection.

• Coordination for Politically Exposed Person (PEP) related customers checks/onboarding and monitoring of PEP customers. Specific responsibilities may include trade monitoring; review of marketing materials and electronic correspondence; employee training; responding to third-party due diligence requests; oversight of service providers; GIPS reporting; risk assessment, preparation for regulatory examinations; etc

• Liaison with the SEBI, AMFI, RBI, SRO, RE's & any other Statutory authorities and support in regulatory Inspection and related activities. Handling regulatory reporting, queries, and ad-hoc requests. Review and Monitoring of Regulator escalated complaints & Ombudsman matters.

• The candidate will be suitably well versed with the appropriate information security responsibilities for the role and is responsible for adhering to them.

• Mandatory work from office hybrid

Who you need to be?

• Post Graduate in Commerce / Business Admin. / Corporate Secretaryship / Law. Weightage will be given for additional certification in Compliance/Risk Management/Governance/AML.

• 4 - 8 years of professionally qualified experience in relevant banking & financial industry / a registered investment distributor / adviser, with proven track records.

• Excellent verbal and written communication skills and keen attention to detail and accuracy. Hindi language proficiency is preferred.

• Strong analytical skills with good MS Office knowledge and should be a self-starter and a team player.

• Comfort in taking initiative, with minimal supervision at all levels of the organization.

• Experience in handling Regulatory/Statutory Compliance’s related reporting and requirements

If you fit the bill, write to us at careers@kaleidofin.com

Job location

Chennai