Assistant Manager – Regulatory Compliance

PayGlocal Technologies Private Limited; Bengaluru; On-site; INR 800,000 - 1,400,000; Full time

Job summary

PayGlocal Technologies Private Limited in Bengaluru seeks a compliance professional to drive regulatory monitoring, AML/CFT obligations, audits, and governance across payments operations.

You will support RBI/PMLA/FEMA compliance, coordinate with banking partners, assist in risk assessment, and deliver awareness training to internal teams. The ideal candidate has up to 3 years in fintech/regulatory compliance and strong analytical skills.

Qualifications

• CA, LLB, or MBA preferred. Certifications in Risk Management, Compliance, or AML are an added advantage.
• Up to 3 years of relevant compliance experience in a Payment Aggregator, bank, fintech, or regulated financial services organization.
• Working knowledge of RBI regulations, KYC Master Direction, PMLA, FEMA, AML/CFT requirements.
• Strong analytical, documentation, communication, and stakeholder management skills.
• Familiarity with Indian fintech and payments ecosystem and regulatory tracking tools.
• Proactive, self-driven, adaptable, and accountable with high integrity.

Responsibilities

• Regulatory Monitoring and Compliance: Monitor RBI circulars, Master Directions, FEMA notifications, and other regulatory guidelines; prepare impact assessments.
• AML/CFT Compliance: Support AML/CFT obligations including transaction reviews and suspicious activity identification.
• Banking Partner Audits: Coordinate audits, document findings, track observations and closure of issues.
• Product and Partnership Reviews: Evaluate new products and partnerships for compliance risk.
• Policies and SOPs: Review and update internal policies reflecting regulatory changes.
• Compliance Awareness and Training: Design and deliver awareness sessions and best-practice guidance.
• Regulatory Compliance Support: Maintain compliance documentation and coordinate with stakeholders.
• Risk Identification and Mitigation: Identify risks and support mitigation measures.
• Cross-functional Coordination: Collaborate with internal teams and banking partners to resolve compliance queries.

Skills

Regulatory compliance

AML/CFT

Stakeholder management

Analytical thinking

Documentation

Cross-functional work

Education

CA, LLB, or MBA

Tools

GRC tools

KYC systems

Job description

Company Overview

• PayGlocal is a global payments company that fosters global commerce. Our suite of offerings facilitate cross-border payments and solve the challenges surrounding it through three main pillars - the business, the experience and the associated risk.
• Founded by finance veterans and experts, our understanding of merchant business, international business, security and regulatory standards help build impactful payment solutions. We partner with large enterprises and export merchants for seamless customer payment journeys.
• Be a part of lasting innovation - create new products, new processes and new standards. Join us to help us shape the future of payments.

What will you be working on

• Regulatory Monitoring and Compliance: Monitor RBI circulars, Master Directions, FEMA notifications, and other applicable regulatory guidelines. Analyse regulatory changes and prepare impact assessment notes for relevant internal stakeholders.
• AML/CFT Compliance: Support Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) obligations under the Prevention of Money Laundering Act (PMLA), including transaction reviews, identification of suspicious activities, and preparation and filing of Suspicious Transaction Reports (STRs), as applicable.
• Banking Partner Audits: Coordinate and support audits of banking partners, including documentation, information gathering, tracking observations, and monitoring the closure of audit findings.
• Product and Partnership Reviews: Assist in evaluating new products, features, business initiatives, and partnerships to identify compliance risks and ensure alignment with applicable regulatory requirements.
• Policies and Standard Operating Procedures (SOPs): Assist in the periodic review and updation of internal compliance policies, procedures, and SOPs to reflect regulatory changes and evolving business requirements.
• Compliance Awareness and Training: Support the design and delivery of compliance awareness sessions, training programs, and best-practice guidance for internal teams to strengthen the organization's compliance culture.
• Regulatory Compliance Support: Assist in maintaining compliance documentation, tracking regulatory obligations, supporting internal reviews, and coordinating with relevant stakeholders to address compliance gaps.
• Risk Identification and Mitigation: Identify potential compliance risks arising from business operations, regulatory developments, and new initiatives, and support the implementation of appropriate mitigation measures.
• Cross-functional Coordination: Work closely with internal teams and external stakeholders, including banking partners, to support timely resolution of compliance-related queries and requirements.

Qualifications

• Education: CA, LLB, or MBA preferred. Certifications in Risk Management, Compliance, or AML are an added advantage.
• Experience: Up to 3 years of relevant compliance experience in a Payment Aggregator, bank, fintech, or regulated financial services organization.
• Regulatory Knowledge: Working knowledge of the Payment and Settlement Systems Act, 2007, RBI regulations for Payment Aggregators, KYC Master Direction, PMLA, FEMA, and AML/CFT requirements.
• Functional Skills: Strong analytical, documentation, communication, and stakeholder management skills, with attention to detail and the ability to manage multiple priorities.
• Industry Knowledge: Familiarity with the Indian fintech and payments ecosystem, cross-border payments, and banking partner operations is preferred.
• Tools: Familiarity with Compliance, Governance, Risk and Compliance (GRC), or regulatory tracking tools is an advantage.
• Behavioural Competencies: Proactive, self-driven, adaptable, and accountable, with high standards of integrity and confidentiality.