Head - Compliance

Description:

- @Skillventory is mandated to hire Head of Compliance Payments

#Navi Mumbai (DAKC Kopar Khairane)

Work Mode: Onsite (Work From Office)

We are looking for a Head of Compliance who can drive governance excellence, ensure full regulatory adherence, and lead a high-performance compliance & AML function across all payment products.

As the Head of Compliance, youll own the end-to-end compliance strategyspanning RBI guidelines, AML/CFT frameworks, data privacy, audit management, and risk governance. Youll work closely with senior leadership, regulators, and cross-functional teams to build a compliant, secure, and future-ready payments ecosystem.

Key Responsibilities:

Regulatory Compliance & Governance:

- Design & oversee a robust compliance framework aligned with RBI, PCI-DSS, AML/CFT, and industry standards.

- Track regulatory changes (RBI circulars, PA/PG guidelines, KYC standards, PPI norms) and ensure timely organizational readiness.

- Ensure compliance with data privacy, IT Act, UIDAI norms, and security best practices.

Risk Management:

- Conduct compliance risk assessments for UPI, Cards, Wallets, Payouts, PG, Nodal/Escrow operations, Settlements.

- Identify gaps & recommend risk controls across operational, AML, fraud, and regulatory areas.

- Manage internal/external audits and regulatory inspections.

AML/CFT & Transaction Monitoring:

- Lead end-to-end AML program (CDD, KYC/CKYC, EDD, sanctions screening).

- Oversee STR, CTR filings & reporting to FIU-IND.

- Drive anti-fraud controls and monitor fraud trends.

Policy & Process Management:

- Create, update & enforce compliance policies, SOPs, and regulatory submissions.

- Ensure adherence to merchant onboarding, underwriting, and monitoring norms.

- Review new products/features from a compliance & risk lens.

Stakeholder & Regulator Management:

- Act as the primary liaison for RBI, NPCI, FIU-IND, and auditors.

- Partner with product, tech, ops, finance & legal teams to embed compliance culture across the organization.

- Conduct periodic compliance & AML training.

Leadership:

- Lead & mentor the compliance and AML/KYC teams.

- Build a strong culture of integrity and regulatory discipline.

Key Requirements:

- 12+ years in Compliance / Audit / Risk, preferably in Payments, Fintech, Banking, BFSI.

- Strong expertise in RBI regulations for PAs, PPIs, Payment Banks, NBFCs.

- Deep understanding of KYC, AML/CFT, PMLA, FEMA, Data Privacy norms.

- Hands-on experience with transaction monitoring tools, fraud systems, risk engines, compliance automation.

- Solid knowledge of settlements, nodal/escrow accounts, merchant onboarding, chargebacks.