Associate Compliance

National Payments Corporation of India; Mumbai; On-site; INR 800,000 - 1,400,000; Full time

Benefits offered by this job

Medical Insurance

Employee Assistance Program

Annual Wellness Bouquet

Parental Leave

Nanny at home Support

Mobility Benefits

Home Loan Interest Support

Mobile Reimbursement

Car Lease

Salary Advance

Subsidized Meals

Recognition Program

IP rights policy

Job summary

National Payments Corporation of India (NPCI) invites applications for the Associate Compliance role focused on NBBL. The position requires 2+ years of experience in compliance within the BFSI landscape and graduation in CA/CS/LLB or MBA or equivalent.

You will help manage surveillance, regulatory filings, and policy development within a dynamic ecosystem. Join a purpose-driven organization shaping India's digital payments future.

Qualifications

• Minimum 2+ years of experience in BFSI compliance or regulatory roles.
• Graduation in CA/CS/LLB or MBA or equivalent.
• Proven ability to manage policy, risk, and compliance across ecosystems.

Responsibilities

• Tracking regulatory Circulars, Notices and Regulation.
• RBIFilings.
• Conducting Steering Committee Meetings and preparing MoM.
• Preparing Board updates and ATR.
• Internal Audit and regulatory Inspection.
• Drafting Policy and Procedures.
• Engage with the team in formulation of policies and processes for ecosystem partners and members, initiate measures and oversee execution to maintain compliance.
• Conduct periodic reviews of compliance levels to identify bottlenecks and enable elimination of the same to ensure that there are no deviations.

Skills

AI-enabled mindset

Project management

Regulatory compliance

Education

Graduation (preferably CA/CS/LLB) or MBA or equivalent full-time

Masters degree in related field

Job description

National Payments Corporation of India (NPCI) | Full Time

The National Payments Corporation of India (NPCI) is a pivotal institution in India's digital payments ecosystem, established by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA). It operates under the Payment and Settlement Systems Act, 2007, and is incorporated as a “Not for Profit” company under Section 25 of the Companies Act 1956 (now Section 8 of the Companies Act 2013). NPCI is dedicated to building world‑class digital payment infrastructure through innovative and efficient retail payment platforms.

As an Equal Opportunity Employer, NPCI is committed to fostering an inclusive workplace culture, with zero tolerance for discrimination based on race, ethnicity, disability, gender identity, or sexual orientation, including support for the LGBTQ+ community.

To learn more about our company please click on link AboutNPCI

Our Culture

The NPCIWAY – Our Guiding Principles

At NPCI, we foster a culture of Inclusion, Innovation, and a High‑Performance Workplace.

The NPCIWAY is not just a framework – it’s a shared commitment by every individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.

Five Tenets of the NPCIWAY

• Forward‑Thinking Mind‑Set
• Customer First
• Lead With Purpose
• Passion to Deliver
• All Succeed Together

Employee Perks and Benefits

Insurance & Wellness

• Comprehensive Coverage: Medical, accidental, and life insurance.
• Employee Assistance Program: Onsite medical center, financial/legal counselling, mental wellness.
• Annual Wellness Bouquet: Holistic wellbeing support.

Family & Childcare

• Parental Leave: Inclusive maternity and paternity leave.
• Nanny at home Support: Assistance for working parents.

Mobility & Lifestyle

• Mobility Benefits: Relocation, transfers, and travel support.
• Home Loan Interest Support: Up to 50% reimbursement*.
• Mobile Reimbursement: New handset every 2 years.
• Car Lease, Salary Advance, Subsidized Meals.
• Reward & Recognition Program.
• Technology Innovation: Patents and IP rights policy.

Retirement Planning

• Provident Fund (PF) and Gratuity Contributions.

Why Join Us

At NPCI, you’ll be part of a purpose‑driven organization shaping the future of digital payments in India and beyond. NPCI offers a unique opportunity to work on cutting‑edge projects that directly impact millions. We foster a culture of innovation, inclusion, and high performance, where every individual is empowered to lead with purpose and deliver with passion. With a strong focus on employee wellbeing, continuous learning, and collaborative success, NPCI is more than just a workplace – it’s a platform to grow, contribute, and make a meaningful difference.

NBBL (a wholly owned subsidiary of NPCI) operates to manage the Bharat BillPay ecosystem, offering a unified, interoperable platform for bill payments across various categories such as electricity, water, gas, telecom, DTH, education, and more. Incorporated under the regulatory framework of the RBI, NBBL is committed to building a secure, efficient, and inclusive bill payment infrastructure that empowers consumers with convenient options and enables businesses with seamless collection mechanisms and real‑time settlements.

As an Equal Opportunity Employer, NBBL fosters a workplace culture that values diversity and inclusion, maintaining zero tolerance for discrimination based on race, ethnicity, disability, gender identity, or sexual orientation, and actively supporting the LGBTQ+ community.

Opportunity

Manage surveillance, enforcement, and compliance for ecosystem partners and members to ensure adherence to set standards and processes of NBBL.

Job Details

• Job Title: Associate Compliance NBBL
• Division: Compliance
• Years of Experience: 2+ years
• Education: Graduation (preferably CA/CS/LLB) or professional degrees like MBA or equivalent full‑time
• Employment Type: Permanent Role

Key Responsibilities

• Tracking regulatory Circulars, Notices and Regulation.
• RBIFilings.
• Conducting Steering Committee Meetings and preparing MoM.
• Preparing Board updates and ATR.
• Internal Audit and regulatory Inspection.
• Drafting Policy and Procedures.
• Engage with the team in formulation of policies and processes for ecosystem partners and members, initiate measures and oversee execution to maintain compliance.
• Conduct periodic reviews of compliance levels to identify bottlenecks and enable elimination of the same to ensure that there are no deviations.
• Interpret relevant regulatory circulars/directions and monitor regulatory activities.
• Filing of periodical reports with the regulator.
• Initiate coordination with the respective product, operations and BD teams to ensure that required information and safeguards are maintained as per defined standards of NBBL.

Requirements

• Preferably from BFSI industry in compliance/law.
• Any graduate / Masters degree in the related field.
• Proven experience in project management, risk & compliance laws.
• AI-enabled mindset with the ability to leverage AI/ML tools and insights to drive smarter decision‑making, improve data workflows, and enhance outcomes.