About EnKash

EnKash is a leading B2B fintech company revolutionizing corporate spend management and payments. It offers a unified platform for payables, receivables, corporate cards, and expense management. Backed by key RBI licenses including Payment Aggregator and PPI Issuer, EnKash enables businesses to automate financial operations with compliance and control.

About the Role

We are seeking an experienced Audit & Risk professional with deep expertise in Prepaid Payment Instruments (PPIs) and digital payment compliance. This role is critical for strengthening our compliance framework, monitoring transactions, and ensuring adherence to RBI regulatory requirements across our PPI and card-based financial products.

Key Focus Areas - PPI Specific

- PPI Compliance & Regulatory Framework: Ensure full adherence to RBI regulations specific to PPIs, including Know Your Customer (KYC), Know Your Business (KYB), Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT) requirements.

- Transaction Monitoring & Fraud Management: Implement and oversee robust transaction monitoring systems to detect anomalies, suspicious patterns, and fraudulent activities within the PPI ecosystem. Manage incident response and chargebacks.

- Risk Identification & Mitigation: Analyze PPI-related risks including card fraud, unauthorized usage, velocity fraud, and integration risks.

- Audit & Regulatory Interactions: Manage internal audits and external regulatory reviews.

- Governance & Controls: Establish and maintain governance frameworks specific to PPI operations.

- Stakeholder Management: Collaborate effectively with Operations, Product, Technology, Compliance, Banking Partners, and Business teams.

Key Responsibilities

- Lead PPI compliance strategy and ensure adherence to RBI regulations including KYC/KYB, AML/CFT, transaction monitoring, and digital payments compliance frameworks.

- Design and implement transaction monitoring systems to detect fraud patterns, anomalies, and suspicious activities within card-based and digital payment operations.

- Conduct thorough fraud risk assessments, manage incident investigations, and implement preventive controls to mitigate PPI-related risks.

- Manage internal audit planning, execution, and follow-up. Prepare audit reports and recommendations for improving PPI governance.

- Coordinate with external auditors and regulatory bodies. Prepare and submit compliance reports, regulatory filings, and responses to regulatory queries.

- Analyze transaction data using SQL and Excel to identify fraud patterns, assess compliance metrics, and provide actionable insights.

- Develop and maintain detailed policies and procedures for PPI risk management, fraud prevention, and regulatory compliance.

- Foster a culture of risk awareness and compliance consciousness across all organizational levels.

What We're Looking For

Essential Experience

- 8-12 years of hands-on experience in Audit, Risk, Fraud, or Compliance roles within fintech or payments companies.

- Proven deep experience with PPI (Prepaid Payment Instruments) ecosystems, card programs, or similar regulated payment products.

- Strong background in fraud risk management, transaction monitoring, and incident handling specific to digital payment environments.

- Demonstrated experience managing internal and external audits, regulatory reviews, and compliance reporting cycles.

- Direct experience working with RBI regulations, AML/CFT frameworks, and KYC/KYB compliance processes.

Technical & Analytical Skills

- Strong proficiency in SQL and Excel to analyze large datasets and identify fraud patterns.

- Advanced data analysis capabilities to generate insights and support data-driven decision making.

- Understanding of transaction processing, payment systems, and digital payment infrastructure.

Soft Skills & Attributes

- Excellent stakeholder management and communication skills with the ability to interact effectively with senior management, regulatory bodies, and cross-functional teams.

- Strong analytical and problem-solving mindset with attention to detail.

- Ability to work independently while collaborating effectively across Operations, Product, Technology, Legal, and Business teams.

- Commitment to maintaining high ethical standards and promoting compliance culture.

Preferred Certifications

- CFE (Certified Fraud Examiner)

- ACAMS (Association of Certified Anti-Money Laundering Specialists)

- CIA (Certified Internal Auditor)

- Other relevant compliance certifications

Why Join EnKash?

- Opportunity to lead compliance and risk management in a high-growth PPI/cards business with significant market impact.

- Deep exposure to complex regulatory frameworks and the evolving payments ecosystem.

- High ownership role with direct strategic business impact and influence on organizational growth.

- Work alongside experienced fintech leaders and cutting-edge payment technology.

- Be part of a mission to revolutionize corporate payments with security, compliance, and innovation at the core.