Fintech Payments

1 day ago


Mumbai, Maharashtra, India innOvator web solutions pvt. ltd. Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Job Title: Fintech Payments & Compliance Lead (UPI / Digital Payments)

Location: MUMBAI

Experience: 8–15 years

Employment Type: Consultant

About Us:

We are building our own UPI-based digital payments system. This role is critical in helping us navigate RBI and NPCI regulations, partner with banks, and design the technical architecture for our UPI system.

Roles & Responsibilities

  1. Regulatory & Compliance

● Lead the RBI licensing process (Payment Aggregator / PSP / Payment Bank).

● Liaise with NPCI for UPI PSP approval and compliance audits.

● Define and implement KYC, AML, and fraud monitoring frameworks.

● Partner with sponsor banks to ensure smooth settlements and reconciliations.

● Prepare all documentation and policies for regulatory submissions.

  1. Technical & Product Guidance

● Design UPI system architecture including transaction flows, QR payments, and UPI

ID management.

● Guide frontend and mobile developers on secure UPI integration.

● Ensure security measures: encryption, key management, OTP/biometric

verification.

● Oversee sandbox integration with banks/NPCI and testing of transaction flows.

● Provide technical input for feature roadmap and user experience.

  1. Strategic & Advisory

● Recommend adoption strategies for users and merchants in target niche.

● Ensure compliance with RBI/NPCI audits post-launch.

● Advise on scalable and secure transaction workflows.

Required Skills & Experience

● Extensive knowledge of UPI, NPCI guidelines, Payment Aggregator / PSP

operations.

● Experience with RBI compliance, licensing, and digital payment regulations.

● Familiarity with bank partnerships and settlement workflows.

● Strong technical understanding of backend payment systems, APIs, and security

protocols.

● Experience in leading fintech or payments projects.

● Excellent stakeholder management and documentation skills.

Preferred

● Prior experience in launching a UPI system, PSP, or payment gateway.

● Knowledge of mobile app payment integrations (Android/iOS).

● Network with sponsor banks or NPCI officials.



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