Job Title: HR Executive – Policy & Process Development

Location: Kharghar

Department: Human Resources

Industry: Non-Banking Financial Company (NBFC)

Job Summary:

The HR Executive will be responsible for developing, implementing, and maintaining HR policies and processes that align with the company’s objectives. This role requires a strong understanding of regulatory compliance, industry best practices, and employee management to ensure a smooth and efficient HR framework within the NBFC sector.

• Key Responsibilities:

1. HR Policy Development & Implementation: Design, review, and implement HR policies in line with NBFC regulations and industry standards.

• Ensure compliance with labor laws, RBI guidelines, and financial sector HR regulations.
• Update policies regularly to adapt to regulatory changes and company needs.
• Communicate and train employees on new policies and guidelines.

2. Process Design & Optimization: Develop and streamline HR processes for recruitment, onboarding, performance management, and employee exits.

• Standardize HR workflows to improve efficiency and transparency.
• Implement automation and digital solutions for HR operations.

3. Compliance & Documentation: Ensure HR policies comply with NBFC regulatory requirements and labor laws.

• Maintain HR records, employee handbooks, and policy manuals.
• Conduct periodic audits to ensure adherence to policies.

4. Employee Engagement & Support: Address employee concerns related to HR policies.

• Act as a point of contact for policy-related queries.
• Assist in grievance handling and conflict resolution.

5. Performance & Policy Analysis: Monitor the effectiveness of HR policies and processes.

• Collect feedback and suggest improvements.
• Prepare reports on policy implementation and compliance.

• Education: Bachelor’s or Master’s degree in HR, Business Administration, or a related field.
• Experience: 2-5 years of HR experience, preferably in NBFCs or the financial sector.
• Skills:
• Strong knowledge of labor laws and NBFC regulations.
• Policy drafting and process optimization skills.
• Excellent communication and interpersonal skills.
• Proficiency in HRMS and MS Office tools.
• Ability to work independently and with cross-functional teams.