Business Assurance Specialist

Who we are!

A melting pot of culture, talent, experience, and diversity. That's what we are! Pine Labs is one happy union of go-getters who are marching towards our ambition to emerge as a world-class fintech organisation. The company is run by a highly experienced management team, led by several industry veterans including CEO Amrish Rau. Under Amrish, Pine Labs has transformed itself from being regarded as just a point-of-sale payment service provider to a full-stack digital payments company serving the offline and online needs of its merchant and enterprise partners. Incorporated in Singapore, the key investors of Pine Labs include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard. To know more, please visit www.pinelabs.com.

What we do!

Pine Labs is one of the fastest growing fintech companies in India and is rapidly expanding its footprint in Southeast Asia, West Asia, and the UAE. A leading merchant commerce omnichannel platform, Pine Labs tech-first approach to digital payments and focus on simplification at the front end aims to help many businesses embrace fintech products at scale.

In online payments, our Plural offering represents a one-stop payment destination across channels. Plural is designed to deliver secure and frictionless online payment experiences to the end user, powered by an advanced tech stack that can augment an existing online business or build an all-new e-commerce payment setup from the ground up.

In issuing, Qwikcilver serves leading corporates, Fast-Moving Consumer Goods (FMCG) brands, e-commerce companies, the Banking, Financial Services and Insurance (BFSI) sector and the airlines industry, with a presence across India, the Middle East, Southeast Asia and Australia. Qwikcilver is a go-to gift card provider among companies looking to, among other things, bolster their employee rewards program and issue closed-loop gift cards for customer acquisition.

In consumer app, Fave is a fintech platform for the next generation of consumers, providing smart payments and savings, while empowering merchants with a loyalty solution to grow and engage with their customers in a whole new way.

Role Purpose

The role entails testing compliances to applicable laws and regulations that govern the business and providing an assurance to the management on the same. The profile will be responsible for auditing/testing the functions on adherence to regulatory requirements and the controls thereof.

The responsibilities we entrust you with

• Formulate and execute a compliance assurance plan that includes regulatory risks and ensure compliance to applicable laws, regulations and policies.
• Create an assurance framework and implement assurance appropriate procedure that provide assurance to senior management.
• Perform risk based assurance testing for multiple functions within organisation, focusing on regulatory and statutorycompliances, internal compliances and business process review to highlight non-compliance and process gaps/deficiencies
• Carry out monthly assurance of organisation level compliance programmes.
• Correlate business risks and priorities with Compliance assurance plan to enhance effectiveness of the programme
• Highlight and discuss the issues/observations with concerned functional stakeholders and to agree on appropriate action plan, ensuring that they understand the issues and their ownership of compliance.
• Prepare assurance reports and share the same with the concerned function leader in a timely manner
• Follow-up and ensure closure of issues/observations identified with review of corrective action taken by business/function
• Collaborate with key stakeholders including Senior Management, function stakeholders for simplification and process improvements.
• Proactively identify potential non compliance and control gaps and suggest ways for process improvements.
• Present the review results, the rationale of findings, risks posed and action required to address the risks to senior management and committees.
• Provide input to the risk assessment of business unit/functions for inclusion in their first line monitoring programme
• Interpret internal policies, procedures and applicable laws and regulations that impact the business unit/function and implement changes if required.
• Scan the market to identify industry best practices in assurance and analyze feasibility of adoption within the business.

What matters in this role

1. 3 to 7 years of experience in business process reviews, internal audit, compliance & testing with audit background
2. CA/CIA/MBA Finance with related Assurance training/certification preferred
3. Understanding of the regulatory and statutory compliances applicable to business
4. Analytical ability, Detail orientation, Problem solving skills, process orientation

What we value in our people:

• You take the Shot: You decide fast and deliver right.
• You are the CEO of what you do: Youshow ownership and make things happen.
• You own tomorrow: You build solutions for the merchants and do the right thing.
• You sign your work like an artist: You seek to learn and take pride in the work you do.
• You are the Sherpa: You take people along and act in the interest of Pine Labs
• You care with tough love: You empower others and help people grow.