Risk, Fraud & Compliance Lead B2B PPI

Risk, Fraud & Compliance Lead – B2B PPI

Location: Pune / Mumbai / Bangalore

Experience: 8-12 years

About EnKash

EnKash is a leading B2B fintech company offering corporate spend management and payment solutions. With RBI licences as a Payment Aggregator and PPI Issuer, EnKash enables businesses to manage payments, corporate cards, expenses, payables, and receivables securely and efficiently.

About the Role

We are looking for an experienced Risk, Fraud & Compliance professional with hands-on experience in B2B or enterprise-focused PPI programmes.

The role requires expertise in managing risk and compliance for corporate or merchant accounts, enterprise wallets, corporate cards, and their authorised users. Experience limited to consumer-facing PPI products or individual customer transaction monitoring may not be suitable for this position.

Key Responsibilities

• Ensure compliance with RBI PPI regulations, KYC/KYB, AML/CFT, and digital payment requirements.
• Manage KYB, beneficial ownership checks, risk classification, and ongoing monitoring of corporates and merchants.
• Monitor enterprise and merchant transactions to identify suspicious activities, unusual fund movements, card misuse, and fraud patterns.
• Investigate fraud incidents, transaction-monitoring alerts, disputes, and chargebacks.
• Establish controls for corporate card issuance, wallet loading, transaction limits, fund usage, and wallet lifecycle management.
• Manage internal and external audits, RBI inspections, regulatory reporting, and audit responses.
• Oversee PPI-related escrow, settlement, reconciliation, and fund-flow controls.
• Implement RBI circulars and regulatory requirements across relevant products and processes.
• Work closely with Product, Technology, Operations, Banking, and Business teams to strengthen risk controls.

Required Experience

• 8-12 years of experience in Risk, Fraud, Compliance, or Audit within fintech, cards, or digital payments.
• Direct experience with B2B PPI, enterprise wallets, corporate prepaid cards, commercial card programmes, or merchant-focused payment products.
• Experience in transaction monitoring for corporates, merchants, enterprise accounts, or authorised users-not only individual retail consumers.
• Strong knowledge of KYB, AML/CFT, fraud investigations, RBI PPI regulations, and regulatory audits.
• Experience handling RBI inspections, regulatory filings, audit responses, and remediation.
• Understanding of card issuance, wallet operations, disputes, and chargebacks.
• Proficiency in Excel for transaction and fraud analysis.

Preferred Certifications

• ACAMS
• CFE
• CIA
• Other relevant Risk, Fraud, Audit, or Compliance certifications

Important Requirement

Candidates must have practical experience in a B2B, corporate, enterprise, or merchant-led PPI environment.