principal officer - kuvera

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

• 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)