Compliance Specialist Payments and Fintech

1 week ago


Mumbai, Maharashtra, India PayU Full time
Job Overview
PayU is redefining the way people buy and sell online for our merchants and millions of consumers. As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day.

About PayU

We are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive.


Job Description
The Compliance Specialist will be responsible for handling a variety of work involving compliance and regulatory aspects of the payments business. The role requires strong experience in payments/fintech related compliance work and expertise in Indian laws and regulations concerning payments and fintech businesses. Key responsibilities include:
  • Providing support to the local and global compliance teams regarding the implementation of PayU's strategies and policies.
  • Mitigating compliance risks.
  • Drafting and implementing legal and regulatory risk compliance programs.
  • Ensuring that the PayU businesses in India comply with local and international payments legislations and regulations.
  • Handling regulatory filings, maintaining regulatory correspondence and communications, and coordinating with regulatory authorities.
  • Liaison with RBI and other regulatory/government authorities on day-to-day matters.
  • Maintenance of compliance manuals on the basis of notifications/circulars issued by RBI and other regulatory authorities.
  • Timely filing of various regulatory reporting's applicable to the entity.
  • Supporting product and compliance teams in complying with PMLA and KYC norms.
  • Employee training on internal policies and regulatory norms.
  • Providing support in handling customer complaints.

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