- Jupiter is seeking a high-calibre Head of Compliance (Senior Director, Compliance) to lead and own the end-to-end compliance function across all its regulated businesses including Banking, NBFC, Credit Cards, PPI, Insurance and allied financial products.
- This role is accountable for building, scaling and institutionalising a robust compliance framework that spans policy formulation, regulatory interpretation, execution, monitoring, reporting and continuous improvement.
- The role operates as a strategic partner to the leadership team while maintaining strong operational rigor and regulatory discipline.
- The incumbent will ensure that Jupiter not only meets regulatory requirements but establishes a benchmark for governance, transparency and compliance maturity in the fintech ecosystem.
Key Objectives of the Role:
- To create an integrated compliance architecture across all regulated entities and business lines.
- To ensure end-to-end ownership of compliance from policy creation to execution to tracking and reporting.
- To proactively manage regulatory risk and maintain strong working relationships with regulators and partner institutions.
- To embed a culture of compliance, accountability and governance across all teams and product verticals.
Core Responsibilities:
Compliance Strategy and Governance:
- Define and execute the compliance vision and strategy aligned with Jupiters long-term business goals and regulatory environment.
- Establish a comprehensive compliance governance framework that integrates banking partner compliance, NBFC regulations, RBI guidelines, IRDAI norms and other applicable statutory requirements.
- Ensure compliance risk is proactively identified and managed at an enterprise level.
Policy Development and Regulatory Interpretation:
- Own the creation, review and periodic updation of all compliance policies, SOPs, manuals and regulatory frameworks across business verticals.
- Interpret regulatory circulars, guidelines and notifications and translate them into actionable business and operational practices.
- Ensure clarity, accuracy and consistency in compliance documentation across the organisation.
Execution and Operational Compliance:
- Ensure effective implementation of all compliance policies across product, operations, technology, risk and customer experience functions.
- Embed compliance checkpoints into product design, customer journeys, operational workflows and partner integrations.
- Ensure all business units comply with internal policies and external regulatory requirements at all times.
Monitoring, Audit and Tracking:
- Establish and lead a robust compliance monitoring system including internal audits, surveillance mechanisms and regulatory reporting.
- Track compliance KPIs, risk indicators and audit observations.
- Ensure closure of audit findings from regulators, partner banks and internal audit teams within defined timelines.
Regulatory Engagement and Stakeholder Management:
- Serve as the primary point of contact for regulators, partner banks, trustees and external auditors on all compliance-related matters.
- Manage regulatory inspections, compliance reviews and thematic audits.
- Build and maintain strong relationships with regulatory bodies through transparent and proactive engagement.
Risk Management and Issue Resolution:
- Identify potential compliance risks, regulatory gaps and control weaknesses.
- Lead resolution of compliance breaches, regulatory findings and audit deviations with structured root cause analysis and corrective action plans.
- Escalate critical risks to senior leadership and board-level committees as required.
Compliance Culture and Capability Building:
- Drive a strong compliance-first culture across the organisation through structured training, awareness programmes and leadership engagement.
- Build a high-performing compliance team with clear ownership, accountability and domain expertise across multiple regulatory landscapes.
Reporting and Governance Forums:
- Present compliance reports, risk assessments and regulatory updates to executive management, Board, Risk Committee and Audit Committee.
- Enable data-driven compliance decision-making through structured MIS and dashboards.
Qualifications and Experience:
- Minimum 12 to 15 years of experience in compliance leadership roles within Banking, NBFC, fintech, insurance or regulated financial services.
- Proven experience in handling multi-regulatory environments, including RBI, IRDAI and other financial regulatory bodies.
- Strong understanding of compliance frameworks, risk management systems and regulatory governance models.
- Prior experience working with rapidly scaling fintechs or digital banking platforms will be highly advantageous.
Core Competencies:
- Strong regulatory interpretation and compliance structuring capability.
- Deep expertise in end-to-end compliance lifecycle management.
- Strategic thinking combined with high operational discipline.
- Ability to influence cross-functional stakeholders and business leaders.
- High integrity, resilience and judgement in complex regulatory situations.
- Strong communication skills with ability to simplify regulatory complexity for business teams.
Success Indicators:
- Reduced regulatory risk exposure and improved audit outcomes.
- Strong regulatory credibility and trust.
- High compliance adherence across business units.
- Scalable compliance architecture that supports fast business growth.
- A visible culture of compliance embedded across the organisation.
- This role is critical to Jupiters ambition of building a trusted, transparent and category-defining financial services platform and will play a decisive role in strengthening governance and long-term sustainability of the organisation.