what will you do

regulatory tracking & implementation:

track and interpret updates from ifsca, rbi, and npci (upi, bbps, pa/ppi)

translate regulatory circulars into clear, actionable requirements across teams

act as the spoc for ifsca, rbi, and npci for all compliance-related matters and represent the organization in discussions

manage customer and audit-driven escalations effectively

product & process governance:

lead compliance for gift city psp offerings, tpap onboarding, and bbps operations

develop and maintain policies, sops, and training frameworks to ensure audit readiness

audit & reporting:

drive internal and regulatory audits, including evidence preparation and closure

own regulatory reporting (returns, strs, ombudsman escalations)

risk management:

oversee aml, fraud, sanctions, and operational risk controls across psp, upi, and bbps

triage issues, escalate critical incidents, and respond to regulatory directives

identify potential risks, assess severity, and work with co for mitigates

cross-functional engagement:

partner with product, tech, ops, and legal to embed compliance into system design and changes

drive alignment across teams to ensure compliance is built-in, not bolted on

external engagement & regulatory interface:

actively engage with regulators (ifsca, rbi, and npci) on policy, clarifications, and industry developments

participate in industry forums and working groups stay ahead of regulatory direction

build strong relationships with ecosystem stakeholders (regulators, service providers, partners)

identify emerging risks, opportunities, and best practices within the gift city ecosystem

act as an on-ground problem solver for regulatory and ecosystem-level challenges

you should apply if you are or have:

ca / cs / cma / cfa or postgraduate degree (finance, law, economics, business, banking or related)

5+years in financial services (payments, banking, fintech, capital markets)

3+ years in compliance / regulatory / risk roles

hands-on experience with ifsca, rbi, and npci (upi, bbps, pa/ppi) regulations preferred

exposure to gift city / ifsc or psp ecosystem is a strong plus

certifications (preferred):
a) aml/cft or other regulatory/compliance certifications recognized by ifsca / rbi

note: must meet ifsca fit and proper criteria (integrity, competence, financial soundness)

principal officer - kuvera