Compliance Associate

Branch Overview

Branch delivers world-class financial services to the mobile generation. With offices in the United States, Nigeria, Kenya, and India, Branch is a for-profit socially conscious company that uses the power of data science to reduce the cost of delivering financial services in emerging markets. We believe that everyone everywhere deserves fair financial access. The rapid spread of smartphones presents an opportunity for the world’s emerging middle class to access banking options and achieve financial flexibility.

Branch’s mission-driven team is led by the founder and former CEO of Kiva.org. The company presents a rich opportunity for our team members to drive meaningful growth in rapidly evolving and changing markets. In 2019, Branch announced our Series C and garnered more than $100M in funding with investments from leading Silicon Valley firms, including Andreessen Horowitz, Trinity Capital, Foundation Capital, Visa, and the International Finance Corporation (IFC).

As a company, we are passionate about our customers, fearless in the face of barriers, and driven by data. As a product-driven org, we value bottom-up innovation and decentralized decision-making. We believe the best ideas can come from anyone in the company, and we create an environment where everyone feels empowered to propose solutions to the challenges we face.

We value diversity and are committed to providing an inclusive working environment where human beings of all backgrounds can thrive.

Job Overview

We are looking for a high-performing, strong professional to join the compliance team. This is a high-visibility, fast paced high-impact role designed for someone eager to work on compliance projects, risk assessments, testing etc. Support, manage and guide business teams in implementation of critical compliance requirements and creating good compliance culture by providing regulatory awareness sessions within the organisation.

Key Responsibilities

Monitor compliance with the RBIs Scale-Based Regulation (SBR) guidelines specific to Mid-Layer NBFCs.

Ensure timely submission of regulatory returns to RBI and other statutory authorities.

Stay abreast of regulatory changes and ensure prompt implementation within the organization.

Develop systems for early detection of compliance risks.

Regularly review internal policies and procedures for alignment with regulatory changes.

Conduct periodic compliance audits and risk assessments.

Submit regular reports on compliance status to senior management

Maintain records of all compliance-related documentation.

Educate and train employees on compliance obligations.

Serve as the key contact person for internal departments for all compliance-related matters.

Provide advisory support to the business in launching new products, entering new markets, or modifying existing processes.

Qualifications

CA / CS, LLB preferred

Min. 4-5 years of relevant experience working in compliance domain of NBFC or Bank

In-depth knowledge of regulatory requirements (RBI, Companies Act, PMLA etc.)

Strong understanding of risk management and internal control systems.

Excellent communication and interpersonal skills.

Strong analytical and problem-solving ability.

Ability to handle inspections and respond to regulatory findings.

Must have hands-on experience in dealing with RBI regulations, especially those applicable to Mid-Layer NBFCs under the Scale-Based Regulation framework

Benefits of Joining

Mission-driven, fast-paced, and entrepreneurial environment

Exposure to senior leadership and high-impact decision-making.

Opportunity to work on company-wide initiatives and strategic priorities.

A steep learning curve across business functions including product, operations, marketing, and finance.

Competitive salary and equity package

A collaborative and flat company culture

Fully-paid Group Medical Insurance and Personal Accidental Insurance

Unlimited paid time off, including personal leave, bereavement leave, and sick leave

Fully paid parental leave — 6 months maternity leave and 3 months paternity leave

Monthly WFH stipend alongside a one-time home office set-up budget

$500 Annual professional development budget

Team meals and social events — Virtual and In-person

We’re looking for more than just qualifications if you’re unsure that you meet the criteria but identify with our vision of providing equal opportunity to everyone to access financial services, please do not hesitate to apply!

Branch International is an Equal Opportunity Employer. The company does not and will not discriminate in employment on any basis prohibited by applicable law.