Manager / Sr. Manager - Compliance-592

Paytm Payments Services; Dadri; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

A leading payment solutions provider in India is seeking a Regulatory Compliance Specialist. This role involves ensuring compliance with various regulations, maintaining compliance frameworks, and managing regulatory projects. Preferred candidates will have 8-10 years experience in the banking or fintech sectors, familiarity with RBI regulations, and a CA/CS or LLM/LLB qualification. Strong leadership, communication skills, and attention to detail are essential for success in this role.

Qualifications

• 8-10 years of experience in Bank, Fintech, or Payments.
• Familiarity with regulatory landscape like RBI and FIU is essential.
• Audit experience is a plus.

Responsibilities

• Develop and maintain compliance management in the organization.
• Ensure compliance with laws and internal policies.
• Prepare senior management reports on compliance.

Skills

Regulatory understanding

Leadership skills

Attention to detail

Networking skills

Communication in English

Education

CA/CS or LLM/LLB

Tools

MS Office

Job description

About the team:

PPSL Regulatory Liaison & Compliance team ensures regulatory compliances as well as AML compliances for the PA-PG Business. The team ensures compliance with all the laws, rules, regulations, circulars & directives applicable to the Payment system operator.

About the role:

We are looking for a self-motivated person, who can drive regulatory requirements working across the functions, understand and provide expertise on regulations. Having working knowledge on regulations from various regulators such as RBI, NPCI, etc. Understanding of payment systems and regulations will provide an edge to the candidate. The candidate should independently handle and run regulatory projects within stipulated timelines.

The candidate should have the ability to interact effectively with the regulators such as RBI, NPCI, etc. Demonstrate ability to carry out assessment and prepare senior management reports. Strong leadership skills. Ability to interpret regulations and have strong networking skills.

Expectations / Responsibilities

• Responsible for developing, setting up, maintaining and operating an effective compliance management in the organization.
• Maintenance of compliance framework in line with the regulatory framework.
• To ensure regulatory compliance of day to day operations in the Company including reviewing product program, drafting policies, conducting compliance testing and preparing compliance testing reports etc.
• To ensure compliance with all the laws, rules, regulations, circulars, directive etc applicable to a Payment system operator, knowledge about Banking and non-banking regulations including applicable RBI circulars.
• Implementation of compliance calendar with respect to the various provisions of Company Law, Rules and Regulations, Corporate Governance Code, RBI guidelines, and provisions of various laws, rules and regulations as may be applicable to the company.
• To ensure compliance with the company's internal policies and procedures including the code of conduct.
• To keep the business and relevant stakeholders updated on the new amendments, circulars, change in regulations etc.
• Ensure appropriate Quality Control processes are implemented for assessing performance quality as per benchmarks.
• Experience in conducting Compliance Risk Assessment, testing compliance controls.

Superpowers / Skills that will help you succeed in this role

• CS or MBA + LLB would be an added advantage
• 8-10 years of experience in Bank / Fintech / Payments
• Should be familiar with Regulatory landscape i.e. RBI and FIU
• Audit experience will be plus
• Proficient in MS Office (Word/ Excel/PowerPoint)
• Attention to detail with a high degree of accuracy.
• Good command over both spoken and written English.
• Ability to interpret regulatory language and translate it into business-friendly guidance.

Educational Qualifications Required: CA/CS or LLM/LLB would be preferred