Senior Executive, Compliance

PhonePe
Bengaluru
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceExperience: 3+ yearsSkills: ["Communication","Analytical thinking","Problem-solving","Ownership","Ethical standards"]

Own payments compliance for new products and features by ensuring go-lives receive required compliance sign-off and by partnering with product teams across the lifecycle. Map preventative and detective controls, document requirements, and run regulatory change management for RBI and NPCI updates. Validate and file regulatory reports, support inspections and audit readiness, manage a GRC tool, and track compliance metrics with dashboards—while pursuing automation and AI to improve internal processes.

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FursaFursa
PhonePe
PhonePe
1 day ago

Senior Executive, Compliance

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Source: Company careers pageValidated by: Fursa AI
Last checked: 8 hours agoStatus: Live

Job Summary

Own payments compliance for new products and features by ensuring go-lives receive required compliance sign-off and by partnering with product teams across the lifecycle. Map preventative and detective controls, document requirements, and run regulatory change management for RBI and NPCI updates. Validate and file regulatory reports, support inspections and audit readiness, manage a GRC tool, and track compliance metrics with dashboards—while pursuing automation and AI to improve internal processes.
Location: Bengaluru
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance

Key Responsibilities

  • •Assist in comprehensive review of new products, features, and offerings to ensure zero go-lives without compliance sign-off.
  • •Partner with product teams across the product lifecycle to flag and resolve compliance and risk issues and track deviations.
  • •Map preventative and detective controls to mitigate compliance risks, document requirements, and manage control implementation.
  • •Establish and operate Regulatory Change Management to track and implement RBI and NPCI circulars/communications with evidence.
  • •Validate and file regulatory reports, support regulatory inspections and audit preparedness, manage the GRC tool, and maintain compliance dashboards/metrics; pursue automation and AI solutions to improve processes.

Pay and Benefits

Perks:Health InsuranceCritical IllnessLife InsuranceDentalParental LeaveRelocationPensionNps

Key Requirements

  • •Post Graduate in Finance and Risk Management, MBA, CA, or CS with at least 3+ years of experience in the Merchant Compliance space.
  • •In-depth knowledge of merchant compliance across banking, payments, and fintech, including Indian regulations and current market practices.
  • •Working knowledge of RBI, NPCI, and KYC guidelines for merchant products, especially MD-PA and MD-KYC.
  • •Excellent knowledge of reporting procedures and record-keeping guidelines.
  • •Strong communication, analytical thinking, problem-solving, ownership, and high ethical standards.
Experience:3+ yearsMerchant complianceFintechPaymentsBanking
Education:
Skills:CommunicationAnalytical thinkingProblem-solvingOwnershipEthical standards
Languages:English
Tech Stack:GRC toolAutomationAI

Company Brief

PhonePe
PhonePe is an Indian digital payments and financial services platform offering UPI payments, wallet services, mutual funds, insurance, and merchant solutions to consumers and businesses across India.
Industry: Payments
Company Size: Enterprise (1,001+ employees)
Growth: Scaleup
Valuation: Unicorn (USD 1B+)
Funding: Private Equity Backed
Headquarters: Bengaluru, India
Founded: 2015
WebsiteLinkedIn