Bajaj Finance | Unit Manager - Compliance

Responsibilities

• The incumbent will be part of the Compliance function and will independently pre-validate regulatory returns prepared by business and functional teams before submission.
• The role is responsible for assessing whether reported information is complete, accurate, consistent, and aligned with applicable regulatory instructions.
• Prepare and maintain a return-wise pre-validation checklist covering data fields, regulatory logic, reconciliations, and documentary evidence.
• Validate the completeness and accuracy of return data through source-to-return, exception analysis etc.
• Reconcile reported figures with the general ledger, trial balance, source applications and other relevant regulatory or financial submissions, as applicable.
• Review changes in reporting methodology, source systems, mapping logic, master data, manual adjustments and regulatory interpretations for their impact on the return.
• Maintain a repository of checklists, working papers and other supporting documents etc.
• Monitor regulatory changes affecting returns and update validation procedures in coordination with Regulatory Compliance and return-owning functions.
• Review data completeness, accuracy, reconciliations and; identify exceptions if any; coordinate resolution with return owners for necessary rectification.
• Document validation checks performed, evidence reviewed, issues identified, management responses received and the final pre-validation conclusion.
• Escalate exceptions, unresolved differences, to the appropriate senior management stakeholders.

Requirements

• Ability to interpret return instructions and data definitions considering RBI guidelines.
• Good analytical, communicating skills and report writing skills.

Bajaj Finance Limited

Bajaj Finance Limited is one of India's largest non-banking financial companies. Incorporated in 1987 as Bajaj Auto Finance Limited and renamed in 2010, it is headquartered in Pune and is a subsidiary of Bajaj Finserv Limited. It is regulated by the Reserve Bank of India as a deposit-taking NBFC in the upper layer of RBI's scale-based framework, and its shares are listed on the NSE and BSE.

Its businesses span consumer lending and payments, SME and commercial lending, rural lending, fixed deposits and digital lending, with home loans offered through its subsidiary Bajaj Housing Finance. Beyond its large sales and service teams, Bajaj Finance hires CA, CMA, CFA and MBA (Finance) profiles into finance and accounts, taxation, treasury, internal audit, credit underwriting, risk and compliance roles.

• Industry: Non-banking financial services (lending, deposits and payments)
• Headquarters: Pune, Maharashtra, India
• In India: Corporate offices in Pune, with branches and lending locations across India