The Company

MPOWER's borderless loans and scholarships enable students from around the world to realize their full academic and career potential by attending top universities in the U.S and Canada. The word that comes up the most often in our ~4,000 TrustPilot reviews is the word 'Dream'; we make educational dreams come true.

As a mission-oriented fintech/edtech company, we move extremely quickly and leverage the latest technologies, global best practices, and heavy analytics to tackle one of the biggest challenges in financial inclusion.. We work hard, have fun, and are passionate about our cause. For us, MPOWER's mission is personal.

As a member of our team, you'll be challenged to think quickly, act autonomously, and constantly adapt in an environment where fast change and exponential growth are the norm. We value feedback and emphasize personal and professional development by providing the resources you need to further your skills and grow with the company. MPOWER is committed to cultivating your strengths and curiosity and helping you make an immediate impact.

MPOWER has been named one of the best fintechs to work for by American Banker for the past 7 years in a row. We are honored to be nominated by multiple agencies and publications for our leadership in Tech, diversity and social impact. We pride ourselves on being a "growth company for grown-ups," where there are no pool tables but rather great health, education, and maternity/paternity benefits instead. Our team diversity has been recognized as well; we're one of the most diverse workforces in the world in terms of nationality, gender, religion, age, sexual orientation, and educational background.

THIS IS A FULL-TIME POSITION, BASED IN OUR BANGALORE, INDIA OFFICE.

Senior Manager, Risk & Compliance

Location: Bangalore, India (Full-time, Office-based)

About The Role

We are seeking a Senior Manager, Compliance to join our Bangalore office and play a leadership role in building and executing a mature, scalable compliance program for a U.S.- regulated fintech. This is a high-impact role with direct visibility to senior leadership and meaningful ownership of compliance testing, issue management, and continuous improvement. You will report to the Chief Compliance Officer (U.S.-based) and partner closely with business, operations, legal, and external stakeholders to ensure regulatory expectations are met while supporting a strong customer experience.

Key Responsibilities

- Lead and execute compliance testing and issue management across the organization, including scoping, testing, documentation, and remediation tracking

- Serve as a subject matter expert for assigned regulatory and operational risk areas, developing a deep understanding of inherent risks and control design

- Conduct risk-based reviews of compliance and operational controls across business units

- Partner with business teams to drive timely issue resolution, root-cause analysis, and sustainable process improvements

- Analyze internal data, third-party reports, and vendor outputs to identify trends, risks, and control gaps

- Provide hands-on oversight and day-to-day support for core compliance processes including

OFAC and sanctions screening reviews

Marketing opt-outs and information-sharing controls

Data deletion and privacy-related requests

- Identify patterns from testing and monitoring to enhance customer outcomes and operational efficiency

- Support the ongoing evolution of the compliance program, including policies, procedures, and management reporting

Qualifications &Experience

- Bachelor's degree or higher in law, finance, accounting, business, or a related field

- 10+ years of experience in compliance, risk management, or control testing roles

- Demonstrated experience with compliance testing, issue remediation, and program management

- Prior experience in financial services or fintech (consumer lending strongly preferred)

- Working knowledge of U.S. consumer financial regulations (e.g., CFPB-regulated environments)

- Strong analytical skills with the ability to translate data into actionable insights

- Excellent written and verbal English communication skills, including the ability to draft clear findings and senior-level summaries

- Proven ability to collaborate effectively with cross-functional teams and engage confidently with senior leadership

- A proactive mindset with a passion for risk management, quality, and operational excellence

Why This Role

- Competitive salary

- Meaningful ownership of compliance testing and issue management-not just execution, but influence

- Exposure to U.S. regulatory standards while working from India

- Direct interaction with executive leadership and external stakeholders

- Opportunity to help scale a compliance function in a fast-growing fintech environment

Additional Benefits

Comprehensive Health Coverage: Medical, dental, and vision insurance with no waiting period -coverage starts on day one.

Everyone Is an Owner: Stock options are included in every offer because we believe in shared success.

Hybrid Work Model: We collaborate in person two days per week to strengthen culture, alignment, and innovation.

Flexible Paid Time Off: We offer generous PTO because we value rest, wellbeing, and work-life sustainability - whether you're recovering, traveling, or welcoming a new family member.

Open, collaborative, and Transparent Culture: Access to leadership is intentional. Want to discuss an idea with the CEO? Just schedule a coffee chat.

Growth & Development: Annual learning budgets, professional coaching and mentorship, new-manager programs, technical training, and support for external certifications.

Team Connection: Regular in-person and virtual team events to build community and have fun.

Support for Hybrid Work: Monthly home-office stipend to help create a productive and comfortable workspace.