Senior Manager - Regulatory Compliance
Job Summary
Job Description
Paytm is seeking a Senior Manager for Regulatory Compliance to manage compliance for its payment products, including UPI, Bill Payments, and Merchant Acquiring. The role involves monitoring and interpreting regulations, developing and implementing compliance policies, establishing monitoring programs, preparing regulatory reports, conducting risk assessments, and delivering training. The candidate will collaborate with legal, risk, and operations teams to ensure compliance with NPCI and RBI obligations, staying updated on changes in laws and regulations. This position requires a strong understanding of fintech and banking regulations, excellent analytical and attention to detail skills, and the ability to work collaboratively and adapt to changing business needs.
Must have:
- 7+ years in regulatory compliance, fintech or bank experience
- Knowledge of NPCI and RBI regulations
- Risk assessment and analytical skills
- Attention to detail in reporting and documentation
- Proactive approach to compliance risks
- Collaborative work with cross-functional teams
Good to have:
- Master's degree or professional certification (CA, CS, CFA, FRM)
- Proficiency in compliance management software
Perks:
- Opportunities for professional growth
- Dynamic work environment
- Merit-based culture
- Agile and democratic setup fostering creativity
- Opportunity to work at scale
- Environment encouraging diverse perspectives
- Wealth creation opportunities
5 skills required
Job Details
About Us:
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.
About the team: We offer competitive compensation, opportunities for professional growth, and a dynamic work environment. The Compliance department has five areas of responsibility—identification, prevention, monitoring and detection, resolution, and advisory for the entity with respect to regulations/ laws and is part of the enterprise compliance group at Paytm.
About the role: This role includes managing compliance for our payments products. The successful candidate will be responsible for individually contributing and ensuring compliance with relevant laws, regulations, and guidelines related to UPI, Bill Payments and Merchant Acquiring .The ideal candidate should have experience in relevant domain dealing with NPCI and RBI Obligations preferably in a fintech environment, bank and possess strong self driven skills to manage compliance all around effectively.
Expectations/ Requirements:
1) Regulatory Compliance Management: Monitoring and interpreting regulations and guidelines related to Payments domain and ensuring compliance with applicable laws, regulations, and guidelines.
2) Policy and Procedure Development: Develop, implement, and maintain compliance policies and procedures for UPI, Bill Payments and Merchant Acquiring products, ensuring they are up-to-date and
3) Compliance Monitoring: Establish and implement a robust compliance monitoring program to assess the effectiveness of internal controls, processes, and procedures related to digital lending products.
4) Regulatory Reporting: Prepare and submit timely and accurate compliance reports to senior management and regulators, as required.
5) Risk Assessment: Conduct regular risk assessments related to digital lending products, identify potential compliance risks, and implement appropriate risk mitigation measures.
6) Training and Awareness: Develop and deliver training programs to employees and relevant stakeholders to enhance compliance awareness .
7) Relationship Management: Collaborate with cross-functional teams such as legal, risk, operations, and technology to ensure compliance with Payments related NPCI and RBI and resolve any compliance-related issues.
8) Stay Updated: Stay updated with changes in relevant laws, regulations, and guidelines related to payments and proactively implement necessary changes in compliance policies and procedures.
Superpowers/ Skills that will help you succeed in this role:
1) Minimum 7+ years of relevant experience in regulatory compliance, preferably in a fintech environment or bank.
2) Strong Knowledge: Sound understanding of Network guidelines like NPCI and RBI regulations and applicable laws
3) Analytical Skills: Ability to conduct risk assessments, analyze complex information, and provide practical and effective compliance solutions.
4) Attention to Detail: Strong attention to detail and accuracy in compliance monitoring, reporting, and documentation.
5) Proactive Approach: Proactive approach to identifying and addressing potential compliance risks and issues in a timely manner. 6) Collaborative Approach: Ability to collaborate and work effectively with cross-functional teams, senior management, and regulators.
7) 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.
8) Ethical Conduct: High level of integrity, professionalism, and ethical conduct in dealing with sensitive and confidential information.
9) 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.
Why join us? Merit-based culture that thrives on self-motivated & driven individuals who set out to make a successful career in India’s fastest-growing Fintech Organization. Agile & democratic setup that gives space to your creativity, and offers the opportunity to work at scale coupled with an environment that encourages diverse perspectives at all times. 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.
Similar Jobs
PhonePe
Pune, Maharashtra, India (On-Site)
• 3 Weeks ago
Apple
Sunnyvale, California, United States (On-Site)
• 3 Weeks ago
Aeries technology
Mumbai, Maharashtra, India (On-Site)
• 1 Month ago
Get notifed when new similar jobs are uploaded
Similar Skill Jobs
Clearwater Analytics
San Jose, California, United States (On-Site)
• 1 Month ago
Sony Pictures Entertainment
Culver City, California, United States (Hybrid)
• 2 Months ago
Technicon design
Long Beach, California, United States (On-Site)
• 2 Weeks ago
Get notifed when new similar jobs are uploaded
Jobs in Noida, Uttar Pradesh, India
PwC
Bengaluru, Karnataka, India (On-Site)
• 10 Months ago
Get notifed when new similar jobs are uploaded
Legal Jobs
Gameloft
Paris, Île-de-France, France (On-Site)
• 1 Week ago
DraftKings
Las Vegas, Nevada, United States (On-Site)
• 3 Months ago
Get notifed when new similar jobs are uploaded
