Cashfree Payments - Director - Fraud Risk Strategy

About us:

At Cashfree Payments, we're not just shaping the future of payments-we're moving fast to scale businesses at every stage, with deep expertise in powering India's D2C and e-commerce growth.

Founded in 2015, we process transactions worth $80B annually and are trusted by more than 800,000 businesses. Authorised by the Reserve Bank of India, we are one of the first entities to receive critical licences like PA-PG, PA-CB and PPI in the sector. We enable seamless collections, payouts, identity verification, and fraud detection.

We are backed by Silicon Valley investor Y Combinator, Apis Partners, Krafton Inc, State Bank of India (SBI), and were incubated by PayPal.

Role Overview:

Cashfree Payments is seeking a highly experienced professional to take on the role of an Director - Fraud Risk Strategy. This position involves developing and implementing robust policies and frameworks to manage financial crime risks, including Anti-Money Laundering (AML) and fraud prevention, while ensuring compliance with regulatory requirements.

What You Will Do:

- Policy Development & Oversight: Strengthen and implement comprehensive policies for financial crime risk management, encompassing Anti-Money Laundering (AML), fraud prevention, and detection mechanisms. This includes developing, maintaining, and overseeing policies, processes, and product-level interventions to ensure robust risk mitigation

- Relationship Management: Managing banking relationships from Risk/Compliance standpoint & also governing the VISA/RBI/NPCI guidelines

- Risk Management: Enhance preventive and detective frameworks to mitigate financial crime risks across Cashfree Payments' systems

- Regulatory Compliance: Ensure adherence to applicable laws, regulations, and guidelines by implementing necessary changes in internal processes

- Monitoring & Reporting: Establish robust monitoring systems for suspicious activities and ensure timely reporting to relevant authorities

- Team Leadership: Provide strategic direction to the financial crime risk team and foster a culture of compliance and risk awareness

- Operations Oversight: Lead a team of risk analysts to manage Fraud and AML operations - including merchant reviews, transaction monitoring, and escalation handling - and to respond to summons and data requests from Law Enforcement Agencies (LEAs) in a timely and compliant manner

What You Will Need:

- Bachelor's/ Advanced degree in law, finance, business administration, or a related field

- Relevant experience in policy development, fraud strategy, and financial crime risk management, with a proven track record of working in fast-paced, dynamic organizations. Strong understanding of regulatory frameworks in India

- Exceptional stakeholder management skills with the ability to liaise effectively with regulators, Internal tech/product team & banking partners

- Analytical mindset with proficiency in data-driven decision-making

- Leadership experience in managing cross-functional teams and driving organizational change