Regulatory Compliance

**About Paytm**:
Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology. We offer competitive compensation, opportunities for professional growth, and a dynamic work environment.

**About the Team**:
The Compliance department has five areas of responsibility—identification, prevention, monitoring, resolution, and advisory for the entity with respect to regulations/ laws.

**About the role**:
**Expectations/ Requirements**:
1) Regulatory Compliance Management: Monitoring and interpreting regulations and guidelines in the domain of Digital Lending and ensuring compliance with applicable laws, regulations, and guidelines. Provide informed compliance advisory to the internal stakeholders on the applicability of regulatory laws and guidelines.

Knowledge of regulatory requirements of RBI & NPCI relating to UPI, Bill Payments and Merchant Acquiring/ Payment Aggregation segments will be an added advantage.

2) Policy and Procedure Development: Develop, implement, and maintain compliance policies and procedures ensuring that they are up-to-date.

3) Compliance Monitoring: Establish and implement a robust compliance monitoring program to assess the effectiveness of internal controls, processes, and procedures related to digital lending products. Manage audits and ensure timely, accurate responses to regulatory/ third-party inquiries and inspections.

4) Regulatory Reporting: Prepare and submit timely and accurate compliance reports to senior management and regulators, as required.

5) Risk Assessment: Conduct regular risk assessments related to digital lending products, identify potential compliance risks, and implement appropriate risk mitigation measures.

6) Training and Awareness: Develop and deliver training programs to employees and relevant stakeholders to enhance compliance awareness.

7) Relationship Management: Collaborate with cross-functional teams such as legal, risk, operations, and technology to ensure compliance and resolve any compliance-related issues.

8) Stay Updated: Stay updated with changes in relevant laws, regulations, and guidelines and proactively implement necessary changes in compliance policies and procedures.

**Superpowers/ Skills that will help you succeed in this role**:
1) Work Experience: 7+ Years of relevant experience in regulatory compliance, preferably in a fintech environment or bank.

2) Strong Knowledge: Sound understanding of RBI and NPCI regulations and applicable laws. Understanding of management of compliance function.

3) Analytical Skills: Ability to conduct risk assessments, analyze complex information, and provide practical and effective compliance solutions.

4) Attention to Detail: Strong attention to detail and accuracy in compliance monitoring, reporting, and documentation.

5) Proactive and Collaborative Approach: Proactive approach to identifying and addressing potential compliance risks and issues in a timely manner. Interpersonal skills and ability to collaborate and work effectively with cross-functional teams, senior management, and regulators.

6) Adaptability: Ability to work independently and as part of a team, ability to adapt to changing regulatory requirements and business needs and implement necessary changes in compliance policies and procedures.

7) Ethical Conduct: High level of integrity, professionalism, and ethical conduct in dealing with sensitive and confidential information.

8) Proficient in using compliance management software and tools.

**Education**:
Bachelor’s degree in Finance, Law, Business Administration, or related field. A Master’s degree or professional certification (e.g., CA, CS, CFA, FRM) is preferred.

**Why join us?**:
Merit-based culture that thrives on self-motivated & driven individuals who set out to make a successful career in India’s fastest-growing Fintech Organization. Agile & democratic setup that gives space to your creativity, and offers the opportunity to work at scale coupled with an environment that encourages diverse perspectives at all times.

**Compensation**:
If you are the right fit, we believe in creating wealth for you. With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants - and we are committed to it.