UPI Compliance Manager

Associate Director, Compliance (UPI & BBPS)

Location: Mumbai office

Role Type:Individual Contributor

Level: Associate Director 1

Experience: 5 years of exclusive experience in managing the regulatory compliances for UPI and BBPS products.

Brief profile: The position will be responsible for end-to-end compliance oversight across TPAP UPI and BBPS licenses with NPCI, ensuring adherence to applicable Operating Circulars, InfoSec, and risk management directions. Key responsibilities will include managing quarterly compliance certifications, periodic testing/ monitoring, regulatory advisory, review of agreements, and preparation of regulatory submissions and Board updates.

The role will also extend to supporting compliance for additional financial products such as co-branded credit cards, digital lending, and insurance distribution. The ideal candidate should demonstrate strong understanding of UPI and BBPS regulatory frameworks, hands-on experience with NPCI circulars, and capability to navigate multi-product compliance landscapes. Proficiency in interpreting regulatory guidelines, conducting compliance reviews, leading remediation, and collaborating with cross-functional teams is essential.

Key Skills & Experience

• Strong knowledge of NPCI UPI and BBPS regulations, risk frameworks, and InfoSec guidelines.
• Experience in compliance testing, implementation of regulatory changes, and audit readiness.
• Strong analytical, reporting, and cross-functional collaboration skills.
• Additional exposure to financial products including credit cards, digital lending, and insurance would be a plus point.