Senior Regulatory Counsel

Adyen; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Adyen is seeking a Senior Regulatory Counsel to lead regulatory compliance matters in India. You will advise on evolving Indian laws and regulations, shape strategic regulatory programs, and partner with Risk, Legal, Finance, Operations and Product teams to accelerate growth while ensuring compliance across payments and financial services.

Based in Mumbai, this role requires extensive RBI-regulated experience, strong English communication, and the ability to influence internal and external

Qualifications

• Qualified professional: lawyer in India.
• Language proficiency: fluent in English.
• Experience: 10+ years in regulatory/compliance in RBI-regulated entities or advising such entities.
• Industry knowledge: payments, banking, financial services, acquiring and card networks.

Responsibilities

• Monitor regulatory developments in India and advise on impact for Adyen's operations.
• Operationalize regulatory requirements in India and monitor ongoing compliance.
• Provide pragmatic legal/regulatory advisory to Risk, Legal, Finance, Operations and Commercial teams; work with Product and Tech to design compliant payment products.
• Manage regulatory submissions, filings and reporting with RBI and authorities.
• Represent regulatory team on cross-functional projects to align with global objectives.
• Advise on and negotiate agreements with merchants and external partners ensuring compliant solutions.

Job description

Adyen is the payments platform of choice for the world's top companies, delivering frictionless payments across online, mobile, and in-store channels. Our team members are motivated individuals that help each other do remarkable things every day. We face unique challenges and we solve those as a team. And together, we deliver innovative and ethical solutions that transform the way the world pays.

Senior Regulatory Counsel

Adyen is looking for a Senior Regulatory Counsel with extensive experience in banking, financial services, payments, or card networks. As a senior member of the team, you will deeply influence the importance of regulatory compliance in India and act as a strategic business partner to both local and global stakeholders. You will advise on the evolving regulatory framework, including laws, regulations, and compliances prevailing in India, with a specific focus on payment aggregation and financial services.

What you’ll do

• Regulatory Monitoring: Monitor regulatory developments in India, including Reserve Bank of India circulars and policies, and advise on their impact and implementation on Adyen’s local and global operations.
• Operational Excellence: Operationalize complex regulatory requirements in India and monitor compliance on an ongoing basis.
• Advisory & Support: Provide pragmatic legal and regulatory advice to internal stakeholders (Risk, Legal, Finance, Operations and Commercial teams) to accelerate the growth in India. Be a trusted partner to the Product and Tech teams to design, build and launch innovative payments/financial products in accordance with regulatory requirements.
• Regulatory Submissions: Manage various routine and ad hoc regulatory requests, filings, engagements and reporting obligations with the RBI and other relevant authorities.
• Strategic Representation: Represent the regulatory team on cross-functional projects to frame regulatory strategy and align it with global organizational objectives.
• Commercial Partnership: Advise on and negotiate various agreements with merchants, service providers, and external partners while ensuring compliant solutions align with commercial strategy.
• Policy Analysis: Analyze and summarize regulatory policies, guidelines, bills, and acts (e.g., PA-CB, KYC Master Directions, DPDP Act 2023).

Role Expectations & Skill Set

Regulatory Expertise

• Apply expert regulatory expertise to provide exemplary advice on complex regulatory matters across multiple domains.
• Shape Adyen’s regulatory and integrity frameworks, acting as a subject matter expert for both internal and external stakeholders.
• Skillfully strike a balance between risk and commercial needs, acting as a multiplier by guiding other team members to achieve the same.
• Understand the mindset and policies of regulators and auditors to make strategic regulatory decisions.

Communication & Influence

• Masterfully adapt communication style and messaging (written and verbal) to different audiences, providing clear and concise updates and challenges.
• Advocate Adyen’s position on complex matters to external stakeholders and effectively influence their views.
• Provide mentorship to junior colleagues, applying a multiplier effect across the team.

Project Management

• Initiate and own complex, high-impact cross-functional projects, managing stakeholders and resources effectively while navigating roadblocks.
• Identify opportunities to involve junior colleagues in projects to support their professional growth.

Problem Solving & Decision Making

• Navigate complex challenges and difficult conversations with high attention to detail while maintaining the bigger picture.
• Apply critical thinking to strategic decision-making and anticipate complex issues before they arise.
• Challenge the status quo and take accountability for driving the best possible standards in team procedures.
• Assist with creating Global Function OKRs and develop dedicated program management for projects within the team.
• Identify large-scale projects that drive organizational efficiencies globally with a 10x mentality.
• Offer guidance in complex situations and clear roadblocks that hinder regional or global progress.

Who you are

• Qualified Professional: You are qualified as a lawyer in India.
• Language Proficiency: You are fully proficient in English.
• Experience: You have at least 10+ years of post-qualification experience in regulatory or compliance teams of RBI-regulated entities or have extensively advised such entities.
• Industry Knowledge: You have deep working knowledge of the payments, banking, and/or financial services industry, including acquiring and card networks.
• Strategic Thinker: You are an analytical thinker who can set and monitor policies required to ensure controlled and sustainable growth.
• Interpersonal Skills: You have solid interpersonal skills and the ability to liaise with diverse internal and external stakeholders and merchants across different cultures.
• Location: You must already be or be willing to reside in Mumbai, India.

Our Diversity, Equity, and Inclusion commitments

Our unobvious approach is a product of our diverse perspectives. This diversity of backgrounds, cultures, and perspectives is essential in helping us maintain our momentum. Our business and technical challenges are unique; we need as many different voices as possible to solve them—voices like yours. So no matter where you're from, who you love, or what you believe in, we welcome you to be your true self at Adyen.

Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Even if you don't meet 100% of the criteria, Adyen encourages you to reconsider and apply. We look forward to your application.

What’s next?

Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role. Learn more about our hiring process here . Don’t be afraid to let us know if you need more flexibility.

This role is based out of our Mumbai office. We are an office-first company and value in-person collaboration; we do not offer remote-only roles.