Principal Officer

Brief

• Opportunity to be part of a growing TechFin platform in GIFT IFSC
• Work at the intersection of technology, regulation, and financial infrastructure
• Act as the primary regulatory interface for the organisation
• Opportunity to establish and evolve compliance and governance frameworks from inception

Role Overview

Boharr Global IFSC will operate as a TechFin infrastructure provider under the IFSCA (TechFin and Ancillary Services) Regulations, 2025. The platform will enable regulated financial institutions to onboard customers and execute transactions through a unified infrastructure.

The Principal Officer is responsible for oversight at the platform level and serves as the primary liaison between Boharr and regulatory authorities. The role ensures that Boharr's systems, workflows, and integrations operate within a compliant and controlled framework.

Job Description

A. Regulatory & Compliance Oversight

Act as the Principal Officer in accordance with IFSCA requirements

Serve as the primary point of contact with IFSCA, FIU-IND, and other authorities

Represent Boharr in regulatory meetings, inspections, and discussions

Oversee regulatory responses, submissions, and audit readiness

Ensure clear documentation of Boharr's role as a TechFin and responsibility segregation

B. AML/CFT Framework (Platform Level)

Work with the central team to establish and maintain a platform-level compliant risk framework

Identify risks arising from APIs, workflows, integrations, and system design

Ensure the platform enforces structured onboarding flows, control checks, and audit trails

Ensure Boharr's infrastructure supports, but does not dilute, client compliant obligations

C. Governance & Risk Oversight

Review new products, features, and integrations for a compliance impact

Ensure risk assessments are conducted prior to deployment

Oversee escalation and resolution of compliance-related incidents

Maintain independence from business and product functions

D. Technology & Data Oversight

Ensure system activities are traceable, verifiable, and audit-ready

Oversee data lineage, logging frameworks, and auditability

Ensure strong access controls and structured change management

Validate that systems prevent misuse or circumvention

E. Institutional Client Governance

Define criteria for onboarding institutional clients

Assess regulatory status and compliance risk exposure of clients

Apply enhanced oversight for higher-risk institutions

Ensure platform configuration aligns with client risk levels

F. Board & Internal Engagement

Provide periodic updates on compliance risks and regulatory developments

Present key observations and risk exposures to management

Support internal awareness on compliance expectations

Role Positioning

Boharr does not perform customer onboarding, KYC, or transaction monitoring.

These remain the responsibility of financial institutions using the platform.

The Principal Officer ensures that Boharr's infrastructure enables these activities in a compliant, controlled, and auditable manner.

Role Delineation

• The Principal Officer is accountable for compliance risk oversight and regulatory liaison
• The Compliance Officer is responsible for compliance implementation, policies, secretarial and documentation

The Applicant

• Possess a professional qualification or post-graduate degree/ diploma (at least one year) in finance, law, accountancy, business management, commerce, economics, capital market, banking, insurance or actuarial science
• At least 1 year of experience in AML/CFT, compliance, risk, or regulatory roles preferred
• NISM certifications aligned with KYC, CTF, and AML preferred; candidate must pass the NISMIFSCA01 AML/CFT Certification upon joining
• Working knowledge of PMLA, FIU-IND processes, and IFSCA regulations preferred
• Experience in financial services, fintech, or technology-led environments preferred
• Ability to independently build frameworks, processes, and controls
• Strong ownership and ability to engage with regulators

Inclusive Hiring Statement

Boharr encourages applications from women resuming their careers after a break, as well as retired or secondcareer professionals with relevant experience.

We value maturity, judgment, and lived experience as much as technical expertise.

Other Details

• Full-time employee based in GIFT CITY
• Sufficient seniority and authority reporting to Board
• Independent from business and internal audit functions