Regulatory Compliance

National Payments Corporation of India (NPCI); Mumbai; Hybrid; INR 1,200,000 - 2,000,000; Full time

Job summary

National Payments Corporation of India (NPCI) seeks a compliance professional to manage surveillance, enforcement and regulatory adherence for ecosystem partners and members. You will track circulars, RBI filings, and coordinate with teams to ensure adherence to set standards and processes.

The role includes policy drafting, internal audits, regulatory inspections, and preparing board updates. You will liaise with product, operations, and BD teams to ensure safeguards and timely reporting,

Qualifications

• 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.

Responsibilities

• Track regulatory circulars, notices and regulation.
• RBI filings.
• Conduct 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 the required information and safeguards are maintained as per defined standards.

Skills

Compliance knowledge

Project management

AI/ML mindset

Education

Graduate/Master's in related field

Job description

The opportunity -

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

Key responsibilities

• Tracking regulatory Circulars, Notices and Regulation
• RBI filings
• 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 the required information and safeguards are maintained as per defined standards.

Key skills and experience required -

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.