Compliance Analyst, NIRA

The role

You will carry out a risk-based compliance testing program across digital lending, KYC, AML, credit bureau reporting, customer conduct, and data protection. You will track regulatory changes from authorities and advise product, operations, and collections teams.

What you will do

• Execute the risk-based annual testing plan across digital lending, KYC, AML/CFT, fair practices, outsourcing and IT controls.
• Test the completeness, timeliness and field-level accuracy of submissions to credit bureaus.
• Prepare workpapers with clear scope, sampling, test steps and conclusions.
• Maintain the regulatory change tracker across RBI, FIU-IND, MeitY and other bodies.
• Maintain the policy library and compliance calendar.
• Prepare compliance reporting for management, the Risk Management Committee and the Board.
• Support RBI inspections, supervisory correspondence and regulatory filings.
• Monitor grievance redressal end to end and oversee escalated complaints.
• Run compliance due diligence and periodic reviews of lending partners, collection agencies and vendors.
• Help operate and test the framework under India's Digital Personal Data Protection (DPDP) Act.

Required qualifications

• 3–4 years of post-qualification experience in compliance, legal or regulatory assurance at an NBFC, bank, payments institution or regulated fintech
• An LLB, CA, CS, or a postgraduate qualification in finance, commerce or risk
• Working command of the RBI framework for NBFCs and digital lending, including the digital lending directions, KYC directions, scale-based regulation and the Fair Practices Code
• The ability to read a regulation and turn it into a testable control
• Practical AML knowledge grounded in the Prevention of Money Laundering Act, 2002 and its record-keeping rules
• Familiarity with FIU-IND reporting
• Comfort working directly with product, engineering, operations and collections teams

Nice to have

• digital lending experience
• Familiarity with data protection obligations under the DPDP Act, 2023
• credit information obligations under the Credit Information Companies (Regulation) Act

Benefits

• WFH office reimbursement
• Competitive compensation packages
• Generous equity
• Flexible health plans at every premium level
• Substantial subsidies that stand up to global standards
• Direct exposure to leadership team
• Paid global onsites twice yearly

About the company

NIRA is building a consumer credit platform for Middle India, targeting ~200m underservied people. It is backed by and integrated with US-based Tilt.