Senior Manager 2

Senior Manager- Ethics and Compliance 

1.Work and Support in developing and implementing an effective compliance program to meet the regulatory expectations of the Fintech and Payment business, including but not limited to areas such as Payments, Digital Lending, Insurance intermediary, Gift Cards, cobranded Credit Cards, BBPS, UPI-TPAP, NFT etc.
2. To cover and include regulatory compliance, including anti-money laundering, anti-fraud, customer protection, data privacy, data localization and complaints handling framework (including policies, procedures, identifying root cause, monitoring, training, awareness, and ongoing risk assessment) for Fintech and Payments Business.

3. To develop anti-money laundering, anti-fraud policies and procedures, monitoring, training, and awareness programs, and ongoing risk assessment as per Indian regulatory stipulations such as PMLA /RBI KYC Master Direction/CERT-In stipulations to Digital Assets etc.

4. To analyze and implement the Indian regulatory and financial services compliances relating to RBI circulars towards NBFCs/Lending, Business Correspondents, Data Privacy, Data Localization, and Customer Service aspects applicable to a Fintech etc. 5. To analyze and implement the IRDAI circulars towards sale of insurance and ISNP related compliance, including but not limited to IRDAI/Cert-In based Audits etc. To support and implement regulatory guidelines relating to the Corporate Agency business of IRDAI, including Grievance redressal mechanisms as prescribed by regulators.

6. Review and approve Fintech products' advertising.

7. Deep knowledge of NPCI-TPAP compliances and have worked in developing and ensuring compliance of all NPCI requirements, including ensuring fraud prevention controls and rules.

8. To work closely with the IT Security team to implement the cybersecurity controls which are emanating from regulatory stipulations of regulators such as RBI/NPCI/IRDAI etc.

10. To comply with all regulatory reporting to RBI/IRDAI/NPCI/Others as per stipulations.
11. Lead and manage the inspection by regulatory bodies such as RBI/IRDAI/NPCI. 12. Respond to regulatory inquiries and/or administrative actions related to Company policies and procedures and compliance with product-specific regulations. 13. Work closely with teams across the organization, including Legal, Financial Services, International, and other teams to resolve regulatory reporting issues. 14. Monitor and present regulatory reporting issues in a meaningful way, including analysing and summarizing status from various sources. 15. Ensuring clear, transparent, and complete product disclosure, taking into account Consumer financial literacy levels. Ensure sign-up processes for Financial Services products are understood and easy.

Essential  Skills: 

1.Experience of 10-15 years of experience  in Regulatory and Financial Complaince

2.Good knowledge of financial service regulation, RBI Guidelines, UPI and Digital Payments Gudelines 

3.Worked in fintech products in the compliance function

4.Worked in a multinational company setup

1.Work and Support in developing and implementing an effective compliance program to meet the regulatory expectations of the Fintech and Payment business, including but not limited to areas such as Payments, Digital Lending, Insurance intermediary, Gift Cards, cobranded Credit Cards, BBPS, UPI-TPAP, NFT etc.
2. To cover and include regulatory compliance, including anti-money laundering, anti-fraud, customer protection, data privacy, data localization and complaints handling framework (including policies, procedures, identifying root cause, monitoring, training, awareness, and ongoing risk assessment) for Fintech and Payments Business.

3. To develop anti-money laundering, anti-fraud policies and procedures, monitoring, training, and awareness programs, and ongoing risk assessment as per Indian regulatory stipulations such as PMLA /RBI KYC Master Direction/CERT-In stipulations to Digital Assets etc.

4. To analyze and implement the Indian regulatory and financial services compliances relating to RBI circulars towards NBFCs/Lending, Business Correspondents, Data Privacy, Data Localization, and Customer Service aspects applicable to a Fintech etc. 5. To analyze and implement the IRDAI circulars towards sale of insurance and ISNP related compliance, including but not limited to IRDAI/Cert-In based Audits etc. To support and implement regulatory guidelines relating to the Corporate Agency business of IRDAI, including Grievance redressal mechanisms as prescribed by regulators.

6. Review and approve Fintech products' advertising.

7. Deep knowledge of NPCI-TPAP compliances and have worked in developing and ensuring compliance of all NPCI requirements, including ensuring fraud prevention controls and rules.

8. To work closely with the IT Security team to implement the cybersecurity controls which are emanating from regulatory stipulations of regulators such as RBI/NPCI/IRDAI etc.

10. To comply with all regulatory reporting to RBI/IRDAI/NPCI/Others as per stipulations.
11. Lead and manage the inspection by regulatory bodies such as RBI/IRDAI/NPCI. 12. Respond to regulatory inquiries and/or administrative actions related to Company policies and procedures and compliance with product-specific regulations. 13. Work closely with teams across the organization, including Legal, Financial Services, International, and other teams to resolve regulatory reporting issues. 14. Monitor and present regulatory reporting issues in a meaningful way, including analysing and summarizing status from various sources. 15. Ensuring clear, transparent, and complete product disclosure, taking into account Consumer financial literacy levels. Ensure sign-up processes for Financial Services products are understood and easy.