Regulatory Compliance- Manager

One97 Communications Limited; Dadri; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

Paytm is seeking a regulatory compliance professional to manage RBI, NPCI, and digital lending compliance for the fintech ecosystem. The role focuses on advising business units, monitoring regulatory changes, and ensuring timely reporting to authorities.

The ideal candidate has 5+ years of experience in regulatory compliance within fintech or banking, with strong analytical skills and a proactive, collaborative approach to risk management.

Qualifications

• 5+ years of regulatory compliance experience.
• Experience with RBI and NPCI obligations.
• Fintech or bank environment preferred.
• Bachelor’s degree in Finance, Law, or related field.
• Strong analytical and risk assessment abilities.

Responsibilities

• Monitor and interpret RBI/NPCI regulations for UPI TPAP, BBPS and Digital Lending.
• Develop, implement, and maintain compliance policies and procedures.
• Prepare and submit regulatory reports to senior management and regulators.
• Conduct regular compliance reviews and risk assessments.
• Deliver training to employees to raise compliance awareness.
• Collaborate with legal, risk, operations, and technology teams.
• Stay updated on regulatory changes and update policies accordingly.

Skills

Regulatory compliance

RBI regulatory knowledge

NPCI regulatory knowledge

Analytical skills

Attention to detail

Cross-functional collaboration

Education

Bachelor’s degree in Finance, Law, or related field

Tools

Compliance software

Job description

About Paytm

Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology. We offer competitive compensation, opportunities for professional growth, and a dynamic work environment.

About the Team

The Compliance department has five areas of responsibility—identification, monitoring, advisory, reporting and review for the entity with respect to regulations/ laws.

About the role

This role includes managing regulatory compliance for UPI TPAP, BBPS and Digital Lending Business. The role entails advising the UPI TPAP, BBPS, Digital Lending business units of the relevant regulatory expectations and ensuring timely monitoring and detection of compliance-related issues. The successful candidate will be responsible for individually contributing and ensuring compliance with relevant laws, regulations, and guidelines related primarily to UPI TPAP, BBPS and Digital Lending. The ideal candidate should have experience in relevant domain dealing with RBI and NPCI obligations preferably in a fintech environment, bank and possess strong self-driven skills to manage compliance effectively.

Responsibilities

• Regulatory Compliance Management and Monitoring: Monitoring and interpreting regulations and guidelines in the domain of UPI TPAP, BBPS and Digital Lending and ensuring compliance with applicable laws, regulations, and guidelines. Provide informed compliance advisory to the internal stakeholders on the applicability of regulatory laws and guidelines.
• Policy and Procedure Development: Develop, implement, and maintain compliance policies and procedures ensuring that they are up-to-date.
• Regulatory Reporting: Prepare and submit timely and accurate compliance reports to senior management and regulators, as required.
• Compliance Testing/Review and Risk Assessment: Conduct regular compliance review and risk assessments related to UPI TPAP, BBPS and digital lending products, identify potential compliance risks, and implement appropriate risk mitigation measures.
• Training and Awareness: Develop and deliver training programs to employees and relevant stakeholders to enhance compliance awareness.
• Relationship Management: Collaborate with cross-functional teams such as legal, risk, operations, and technology to ensure compliance and resolve any compliance-related issues.
• Stay Updated: Stay updated with changes in relevant laws, regulations, and guidelines and proactively implement necessary changes in compliance policies and procedures.

Superpowers / Skills that will help you succeed in this role

• Work Experience: 5+ Years of relevant experience in regulatory compliance, preferably in a fintech environment or bank.
• Strong Knowledge: Sound understanding of RBI and NPCI regulations and applicable laws. Understanding of management of compliance function.
• Analytical Skills: Ability to conduct risk assessments and compliance reviews, analyze complex information, and provide practical and effective compliance solutions.
• Attention to Detail: Strong attention to detail and accuracy in compliance monitoring, reporting, and documentation.
• Proactive and Collaborative Approach: Proactive approach to identifying and addressing potential compliance risks and issues in a timely manner. Interpersonal skills and ability to collaborate and work effectively with cross-functional teams, senior management, and regulators.
• Adaptability: Ability to work independently and as part of a team, ability to adapt to changing regulatory requirements and business needs and implement necessary changes in compliance policies and procedures.
• Ethical Conduct: High level of integrity, professionalism, and ethical conduct in dealing with sensitive and confidential information.
• Proficient in using compliance management software and tools.

Education

Bachelor’s degree in Finance, Law, Business Administration, or related field. A Master’s degree or professional certification (e.g., CA, CS, CFA, FRM) is preferred.

Compensation

If you are the right fit, we believe in creating wealth for you. With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it.