Chief Compliance Officer

3 days ago


Bengaluru, Karnataka, India PhonePe Full time

PhonePe, a leading digital payments company in India, is seeking an experienced Chief Compliance Officer - Lending Operations.

Role Summary:

  • The candidate will lead the compliance function for PhonePe's lending business, ensuring adherence to regulatory requirements and industry standards.
  • Maintain oversight of developments in the NBFC/LSP regulatory environment to proactively manage potential regulatory risks.
  • Advise business units on compliance laws, rules, and standards, keeping them informed of updates and changes.
  • Foster a culture of compliance within the organization, promoting awareness and understanding of regulatory requirements among staff.

Responsibilities:

  • Lead the development and implementation of a comprehensive compliance program for the lending business.
  • Collaborate with cross-functional teams to ensure compliance with regulatory requirements and industry standards.
  • Conduct regular risk assessments and gap analyses to identify areas for improvement.
  • Develop and implement policies, procedures, and controls to mitigate compliance risks.
  • Provide training and guidance to staff on compliance matters, ensuring they understand their roles and responsibilities.
  • Act as a liaison with regulators, responding to inquiries and providing information as required.
  • Prepare and submit reports to senior management and the board on compliance performance and issues.

About PhonePe:

PhonePe is India's leading digital payments company, with 50 crore registered users and 3.7 crore merchants covering over 99% of postal codes across India. We offer a range of financial services, including insurance, mutual funds, stock broking, and lending.

We empower our employees to take ownership of their work, provide opportunities for growth and development, and foster a culture of innovation and collaboration. Our benefits package includes medical insurance, critical illness insurance, accidental insurance, life insurance, wellness programs, parental support, mobility benefits, retirement benefits, and more.



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