Compliance Specialist Payments and Fintech
1 week ago
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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