SPECIALIST BUSINESS GOVERNANCE

mpg
Posted: 10 hours ago
2-5 years
TAMIL NADU, NA, S0028, ANNA SALAI - CHENNAI, CHENNAI, CORPORATE OFFICE - TN NORTH, CORPORATE OFFICE, India
work from office
Full Time
Closes 11 Jan 2027
Posted: 10 hours ago
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Job Description

 

 

 

 

 

 

 

Role Profile

 Business Governance Specialist (BPFD)

  

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ROLE SPECIFICATION 

Role Title

Business Governance Specialist

Employee Interviewed

Visakh Krishnan K

Reports To

Vijay S

Company

Muthoot Fincorp Limited

Function/Department

Business Governance

Location

 Chennai

Written By

 Vijay S

Approved By (Functional)

Vinod Reddy

Approved By (People & Culture)

To be updated by HR

Date (Written On)

15th October 2026

ROLE SUMMARY

The Business Governance Specialist will support the Business Governance function of the Business and Personal Finance Division (BPFD), with a focus on regulatory change management, compliance monitoring, RBI inspection coordination, regulatory reporting and issue closure. The role involves assessing the applicability of RBI regulatory requirements, conducting compliance reviews and sample-based testing, identifying process and control gaps, coordinating the implementation of corrective actions, and maintaining supporting evidence. The position will also support RBI inspections, regulatory data requests and submissions, preparation of responses to regulatory observations, and monitoring of action plans across secured and unsecured lending products. The role requires effective coordination with business and support functions to strengthen governance, ensure process adherence and improve the effectiveness of compliance controls.

ORGANIZATIONAL CHART



KEY RESPONSIBILITIES

Operations & Transactional 

  • Track RBI circulars, Directions, notifications and other regulatory developments relevant to the Company and assess their applicability to BPFD.
  • Prepare regulatory updates and applicability notes, highlighting implementation requirements, effective dates, business impact and action owners.
  • Maintain the regulatory change tracker and coordinate with relevant functions to facilitate timely implementation of regulatory requirements.
  • Identify compliance gaps, process deviations, system exceptions and documentation deficiencies, and coordinate with relevant stakeholders for resolution.
  • Coordinate RBI inspection requirements, regulatory data requests and indents, including collection, validation, reconciliation and timely submission of information.
  • Maintain organised records of regulatory communications, submissions, compliance testing, observations and remediation evidence.

Process Improvement

  • Identify opportunities to strengthen compliance controls, standardise workflows and improve the effectiveness of compliance monitoring.
  • Analyse recurring exceptions and observations to identify root causes and recommend appropriate corrective and preventive measures.
  • Develop and maintain standardised compliance checklists, testing templates, reporting formats and evidence repositories.
  • Support automation and standardisation of compliance reporting, reconciliations, exception monitoring and recurring management reports.
  • Promote adherence to approved policies, operating procedures, documentation standards and internal controls across BPFD.

KEY INTERACTIONS

Internal Stakeholders

External Stakeholders

  • Chief Business Officer - BPFD
  • Chief Compliance Officer - MFL
  • BPFD Operations
  • BPFD Credit
  • BPFD Policy and Process Management
  • BPFD Collections
  • Other teams across BPFD
  • Reserve Bank of India
  • External Auditors
  • External Legal / Regulatory Consultants
  • Other Assurance Stakeholders

KEY ROLE DIMENSIONS

  • Geographical coverage – Pan India
  • Direct reportees - NIL
  • Total team size - 4

BPFD

KEY SKILLS & BEHAVIOURAL ATTRIBUTES 

  • Working knowledge of regulatory compliance, internal controls, process adherence and audit requirements.
  • Ability to interpret regulatory requirements and coordinate their implementation across business functions.
  • Strong Excel-based reporting, reconciliation, variance analysis and exception tracking skills.
  • Ability to maintain compliance trackers, monitor action plans and drive timely issue closure.
  • Proficiency in MS Office, particularly Excel and PowerPoint. 

EDUCATION / EXPERIENCE

  • Bachelor of Commerce in Corporate Secretaryship, University of Madras, Chennai.
  • Approximately 8 years and 9 months of overall professional experience

Skills

GovernanceAnalyticsBusiness ProcessProcess ManagementBusiness IntelligenceExcelReconciliationComplianceVariance AnalysisProcess ImprovementChange ManagementPowerPointTeams

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About Company

Mahindra Rural Housing Finance Limited is a subsidiary of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), providing housing finance solutions primarily in rural and semi-urban areas of India.

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