Regulatory Compliance Specialist

About the Role

We are seeking an experienced compliance professional with deep expertise in the fintech and payments ecosystem, specifically focusing on Payment Aggregators (PA). In this role, you will be the anchor for interpreting regulatory frameworks and ensuring that our business strategy, product features, and operational workflows align seamlessly with RBI, NPCI, and NBBL (BBPS) guidelines.

You will act as a strategic partner to our product and business teams, enabling high-velocity growth within safe regulatory guardrails.

Key Responsibilities

Regulatory Interpretation & Process Evaluation

• Act as the Subject Matter Expert (SME) for product and business teams, providing actionable impact assessments on new circulars, notifications, and guidelines issued by the RBI, NPCI and NBBL.
• Review and vet new and existing products, features, customer journeys, and operational workflows to ensure end-to-end alignment with the regulations.
• Evaluate and review policies, processes, procedures & practices from Compliance standpoint. Implementation and monitoring of Manuals/ Policies/SoP and T&C of the Company and updating the same from time to time.

Audit, Risk & Compliance Testing

• Design and execute periodic, robust compliance testing frameworks to proactively identify and mitigate gaps in operational processes.
• Oversee and manage regulatory inspections, internal/external compliance audits, and supervisory reviews. Ensure timely closure of all audit observations and action points.

Regulatory Reporting & Stakeholder Management

• Manage and streamline all periodic regulatory reporting obligations, maintaining meticulous documentation and reporting compliance updates to senior stakeholders.
• Prepare and submit formal regulatory correspondence and represent the compliance function in discussions with external regulatory bodies and internal cross-functional teams.

What We Are Looking For

Experience & Education

Overall Experience: Minimum 6 To 8 years of post-qualification experience within a Bank, FinTech, or Payments company.

Domain Expertise: A minimum of 2 years of dedicated, hands-on experience in the online payments domain.

Technical & Domain Skills

Regulatory Command: Strong, practical knowledge of RBI regulations, Master Directions for PAs, and NPCI/NBBL (BBPS) operational guidelines.

Financial Crime Compliance: Strong working knowledge of KYC (Know Your Customer) and AML (Anti-Money Laundering) guidelines is highly advantageous.

Audit Background: Demonstrated experience in compliance testing, regulatory reporting, or auditing within the banking and fintech sectors.

Soft Skills

Analytical Sharpness: Exceptional analytical ability to dissect complex regulatory text and translate it into practical operational workflows.

Stakeholder Communication: Clear, confident, and articulate communication skills to effectively convey compliance mandates to diverse technical and non-technical stakeholders.