2 Internal Ombudsman Jobs

Role & responsibilities i. Role and Responsibilities of Internal Ombudsman i. The Internal Ombudsman shall not handle complaints received directly from the complainants or members of the public but deal with the complaints that have already been examined by the Company (SSFL) but have been partly or wholly rejected by the regulated entity. ii. The following types of complaints shall not be handled by the Internal Ombudsman: (a) Complaints related to corporate frauds, misappropriation etc., except those resulting from deficiency in service, if any, on the part of the regulated entity (b) References in the nature of suggestions and commercial decisions of regulated entity. However, service deficiencies in cases falling under commercial decisions will valid complaints for the Internal Ombudsman (c) Complaints / references relating to (i) internal administration, (ii) human resources, or (iii) pay and emoluments of staff in the regulated entity (d) Complaints which have been decided by or are already pending in other fora such as the Consumer Disputes Redressal Commission, courts, etc. (e) Disputes for which remedy has been provided under Section 18 of the Credit Information Companies (Regulation) Act, 2005. iii. The Internal Ombudsman shall analyse the pattern of complaints such as product / category wise, consumer group wise, geographical location wise, etc., and suggest means for taking actions to address the root cause of complaints of similar / repeat nature and those that require policy level changes in the Company. iv. The Internal Ombudsman shall examine the complaints based on records available with the regulated entity, including any documents submitted by the complainant and comments or clarifications furnished by the regulated entity to the specific queries of the Internal Ombudsman. The Internal Ombudsman must record a reasoned decision” in each case. v. The Internal Ombudsman shall, on a quarterly basis, analyse the pattern of all complaints received against the Company, such as entity-wise (for CICs), product-wise, category-wise, consumer group-wise, geographical location-wise, etc., and may provide inputs to the Company for policy intervention, if so warranted. vi. The Internal Ombudsman shall not represent the Company in legal cases before any court or fora or authority. vii. The Internal Ombudsman shall furnish periodic reports (including the analysis of complaints) on his / her activities to the Committee of the Board handling customer service and protection, preferably at quarterly intervals, but not less than half yearly intervals. i. The Internal Ombudsman shall be designated as an ex-officio member or a permanent invitee to the meetings of the Committee of the Board of the Company handling customer service and protection. ii. The Internal Ombudsman and regulated entity shall ensure that the final decision is communicated to the complainant within a period of 30 days from the date of receipt of complaint by the regulated entity. iii. The Internal Ombudsman shall also have ‘read-only’ access to the Reserve Bank’s Complaints Management System to enable the Internal Ombudsman to keep track of (i) the cases forwarded by the RBI Ombudsman to the regulated entity, (ii) decisions of the RBI Ombudsman thereon, and (iii) where applicable, the decision of the Appellate Authority, under the Reserve Bank – Integrated Ombudsman Scheme. iv. Where the Internal Ombudsman upholds the decision of the regulated entity to reject or partly reject the complaint, the reply to the complainant should explicitly state the fact that the complaint has been examined by the Internal Ombudsman and for the reasons stated in the reply, the decision of the regulated entity has been upheld. Preferred candidate profile - The Internal Ombudsman shall either be a retired or serving officer, in the rank equivalent to a General Manager of another bank / Financial Sector Regulatory Body / NBSP / NBFC / CIC, having necessary skills and experience of minimum seven years of working in areas such as banking, non-banking finance, regulation, supervision, payment and settlement systems, credit information or consumer protection. - The Internal Ombudsman shall not be over 70 years of age before the completion of the tenure.

Role : Internal Ombudsman (IO) Department : Compliance / Grievance Redressal Reporting to : Managing Director / Board of Directors Location : B-121 Udhyog Marg Sec 5 Noida, 201301 Organization : Paytm Payments Bank Limited Job Purpose: The Internal Ombudsman (IO) will function as an independent authority within Paytm Payments Bank to review customer complaints that are partially or wholly rejected by the Bank. The IO will ensure fair and impartial resolution of grievances in accordance with the guidelines laid down by the Reserve Bank of India (RBI) and act as a final internal authority before a complaint is escalated to the RBIs Banking Ombudsman or other external forums. Key Responsibilities*: 1. Review all complaints that are partially or fully rejected by the Bank’s grievance redressal mechanism before the final response is issued to the complainant. 2. Examine whether the bank’s decision on complaints is fair, based on facts, and complies with RBI guidelines and the bank’s internal policies. 3. Ensure that all complaints rejected by the bank are routed through the IO before final closure. 4. Provide independent analysis and feedback to senior management and the Board on customer grievance trends, root causes, and areas of improvement. 5. Submit quarterly reports to the Board/Customer Service Committee on the volume and nature of cases handled. 6. Coordinate with internal teams to ensure timely resolution and implementation of any systemic improvements suggested. 7. Maintain confidentiality and independence in the functioning of the office. 8. Ensure compliance with the RBI’s Internal Ombudsman Scheme, including submission of reports and audit responses. Eligibility Criteria: Age : Not more than 65 years as on the date of appointment. Experience : Minimum 7 years of working experience in areas such as banking, financial services, regulation, consumer protection, or public administration. Background : Should be a retired or serving officer, not below the rank of General Manager (GM) or equivalent, from a bank or financial institution or regulatory body or NBSP / NBFC/CIC. Independence : Shall previously not have been employed, nor presently be employed, by Paytm Payments Bank or related parties and must not have any conflict of interest. Tenure: Tenure : Fixed term of 3 to 5 years (not extendable or renewable). Key Competencies: Deep understanding of regulatory frameworks (especially RBI grievance redressal norms). Analytical skills to assess complaints fairly and independently. Strong communication and interpersonal skills. Integrity, impartiality, and objectivity in decision-making. Ability to work independently and interface with top management and regulatory bodies. Key Responsibilities* -Please refer the RBI Guidelines - Reserve Bank of India - Master Directions for detailed roles and responsibilities.