Senior Manager - Risk and Audit

EnKash; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

EnKash is seeking a seasoned Risk & Compliance professional with strong payments expertise to manage our PA & PPI license. You will strengthen risk governance, ensure regulatory compliance, and oversee fraud across payment flows, card systems, and merchant transactions.

You will coordinate with banks, regulators, and FIUs to maintain robust controls. The role spans risk governance, policy development, and audits in a highly regulated fintech environment.

Qualifications

• 8–12 years of experience in Audit, Risk, Fraud, or Compliance within fintech.
• Strong exposure to PAPG ecosystems and/or Prepaid Payment Instruments ecosystems.
• Solid understanding of RBI regulations including KYC/KYB, AML monitoring, and fraud management.
• Experience managing internal/external audits and regulatory interactions.
• Excellent stakeholder management and cross-functional collaboration skills.

Responsibilities

• Fraud Risk Management & Monitoring across payment gateway/acquiring/issuing flows.
• Fraud Investigations & Incident Response for card transactions, merchant payments, and gateway flows.
• Regulatory Compliance & Reporting for RBI guidelines including KYC/KYB, AML, and FIU-IND STR.
• Risk Assessment & Control Framework across acquiring ecosystems and merchant onboarding.
• Audit & Governance: strengthen governance frameworks and internal controls.
• Policy Development & Process Excellence for risk, compliance, and fraud SOPs.
• Stakeholder Management & Training: collaborate with product, tech, business and compliance teams.

Skills

Fraud risk management

Regulatory compliance

Fraud detection

Risk governance

Stakeholder management

Audit & governance

Job description

EnKash is a full stack payments company offering a unified platform for payables, receivables, corporate cards, and expense management. Backed by key RBI licenses including PA-O & PA-P and PPI, EnKash enables merchants to automate financial operations with compliance and control.

About the Role

We are looking for a seasoned Risk & Compliance professional with strong expertise in payments for managing our PA & PPI license This role will play a critical part in strengthening risk governance, ensuring regulatory compliance, and managing fraud across payment flows, card systems, and merchant transactions. You will work at the intersection of risk, compliance, and operations, driving robust controls across both issuance and acquiring environments in a highly regulated fintech landscape. The person is expected to coordinate internally & externally with banks, regulators, FIUs, LEAs etc and help manage risk in the ecosystem.

Key Responsibilities

• Fraud Risk Management & Monitoring: Design and implement end-to-end fraud prevention and detection strategies across payment gateway/acquiring flows/ issuing flows, including real-time monitoring and risk mitigation.
• Fraud Investigations & Incident Response: Lead investigations, manage chargebacks/disputes, and handle fraud incidents across card transactions, merchant payments, and gateway flows, ensuring timely resolution and escalation.
• Regulatory Compliance & Reporting: Ensure adherence to RBI guidelines across PAPG, PPI, including KYC/KYB, AML transaction monitoring, FIU-IND STR reporting, and regulatory submissions.
• Risk Assessment & Control Framework: Conduct comprehensive risk assessments across acquiring ecosystems, identifying vulnerabilities in transaction flows, integrations, settlements, and merchant onboarding.
• Audit & Governance: Drive internal and external audits, strengthen governance frameworks, and ensure robust internal controls, documentation, and audit readiness.
• Policy Development & Process Excellence: Develop and enhance risk, compliance, and fraud management policies/SOPs aligned with regulatory requirements and industry best practices across both ecosystems.
• Stakeholder Management & Training: Collaborate with product, tech, business, and compliance teams; present risk insights and drive organization-wide awareness on fraud prevention and regulatory compliance.

What We’re Looking For

• 8-12 years of experience in Audit, Risk, Fraud, or Compliance roles within fintech
• Strong exposure to PAPG (Payment Aggregator/Payment Gateway) ecosystems and/or Prepaid Payment Instruments ecosystems.
• Solid understanding of RBI regulations, including KYC/KYB, AML transaction monitoring, fraud management, and digital payments compliance
• Hands-on experience in fraud risk management, transaction monitoring, and chargeback handling across cards and/or payment gateway environments
• Proven experience managing internal/external audits and regulatory interactions
• Excellent stakeholder management and cross-functional collaboration skills
• Managing and closing LEA/FIU queries.

Why Join EnKash?

• Opportunity to work across both acquiring (PAPG) and issuance (PPI) ecosystems
• Exposure to complex, high-scale payment and regulatory frameworks
• High ownership role with direct impact on risk strategy and governance