Risk and Compliance Principal Consultant

Role Overview: As a Risk and Compliance Principal Consultant at The Digital Fifth, you will work closely on advisory and implementation projects for Banks, NBFCs, fintechs, and other financial institutions. Your role will involve designing policy frameworks, conducting assessments, and ensuring compliance with regulatory requirements. There are opportunities for growth into senior consulting roles within the company. Key Responsibilities: - Strategic Leadership & Advisory - Lead and drive end-to-end risk and compliance engagements across BFSI clients, aligning with regulatory frameworks such as RBI, SEBI, IRDAI, NPCI, and evolving data protection laws. - Act as a trusted advisor to CXOs and senior stakeholders on regulatory strategy, risk posture, and governance frameworks. - Program Delivery & Implementation - Own and deliver large-scale compliance and risk transformation programs, including RBI Master Directions, Digital Lending Guidelines, ISO 27001, Business Continuity Planning (BCP), DPDPA, and Information Security frameworks. - Ensure seamless execution from diagnostic assessments to implementation, monitoring, and regulatory readiness. - Risk Assessment & Governance - Lead enterprise-wide risk assessments covering operational, regulatory, IT/security, and third-party/vendor risks. - Conduct detailed gap assessments and design remediation roadmaps with measurable outcomes and timelines. - Policy & Framework Development - Drive the design and implementation of policies, SOPs, data governance frameworks, and internal control mechanisms aligned with regulatory and industry best practices. - Establish robust reporting structures and compliance dashboards for leadership visibility. - Client Engagement & Solutioning - Engage with clients to understand their technology, application architecture, and security landscape to deliver tailored compliance and risk solutions. - Translate regulatory requirements into practical, scalable, and technology-aligned solutions. - Team Leadership & Capability Building - Lead, mentor, and develop high-performing consulting teams, ensuring quality delivery, knowledge enhancement, and adherence to project timelines. - Build internal capability in emerging areas such as data privacy, cybersecurity, and regulatory technology (RegTech). - Pre-Sales & Business Development - Drive pre-sales initiatives including solutioning, proposal development, client presentations, and effort estimations. - Identify new business opportunities, support account growth, and contribute to revenue targets through cross-selling and upselling. - Thought Leadership - Contribute to industry thought leadership through whitepapers, regulatory insights, and participation in forums/events within the BFSI ecosystem. - Stay ahead of regulatory changes and market trends, proactively guiding clients and internal teams. Qualifications, Skills and Experience Required: - Education: B.Tech / equivalent required; MBA preferred - Experience: 12+ years in Risk & Compliance with experience leading large-scale regulatory and transformation programs - Domain Expertise: Strong understanding of digital banking, payments, lending, wealth, and fintech ecosystems - Certifications: CISA, ISO 27001, CRISC or similar (preferred) - Industry Exposure: Experience across consulting firms, Banks, NBFCs, or fintech organizations - Leadership & Regulatory Exposure: Proven experience in leading teams, managing CXO stakeholders, and handling regulatory audits/inspections What we expect: - Focus on Results: Deliver high-quality outcomes with efficiency and accountability. - Problem Solving: Tackle challenges with structured thinking and innovative approaches. - People Management: Ability to mentor and lead a team effectively. - Decision Making: Ability to assess situations and make sound business decisions. - Selling & Nurturing Accounts: Ability to identify business opportunities and foster client relationships. - Brand & Market Strategy: Capability to position digital solutions effectively in the market. - Willingness to travel and engage in client-facing roles Why Join The Digital Fifth - Startup Culture: Opportunity to work in a fast-growing, high-impact environment with exposure to cutting-edge fintech innovations. - Diverse Exposure: Work with leading banks, NBFCs, fintechs, investors, and large technology firms on high-profile projects. - End-to-End Consulting Experience: Involvement in strategy, research, implementation, and execution of digital transformation programs. - Leadership & Growth Opportunities: Be part of a high-performance team where your contributions directly shape industry-wide digital transformation. Location: Mumbai / Client Site Compensation: - Competitive salary with performance-based bonus. Role Overview: As a Risk and Compliance Principal Consultant at The Digital Fifth, you will work closely on advisory and implementation projects for Banks, NBFCs, fintechs, and ot