Product Manager - Compliance & Risk

Position Summary:

As a Product Manager - Compliance & Risk, you will own the strategy, roadmap, and delivery of risk and compliance features within our product ecosystem. You'll work at the intersection of regulatory compliance, payments infrastructure, and customer experience, ensuring our product offerings align with Indian regulatory requirements (RBI, SEBI, NPCI) and global best practices. Your background in banking or FinTech will help shape secure, compliant, and scalable solutions as we build for a diverse and evolving financial market.

Key Responsibilities:

- Product Strategy & Ownership - Define and own the product roadmap for compliance, risk, fraud detection, and regulatory reporting features.

- Work closely with compliance, legal, and risk teams to understand regulatory frameworks (KYC/AML, RBI mandates, data privacy laws, etc.) and integrate them into product design.

- Develop product solutions for transaction monitoring, suspicious activity detection, sanctions screening, and onboarding risk scoring.

- Cross-Functional Collaboration - Collaborate with engineering, design, data science, and operations teams to deliver seamless risk and compliance features.

- Partner with internal stakeholders to implement solutions that reduce fraud risk while maintaining a smooth user experience.

- Market & Regulatory Intelligence - Stay current with Indian financial regulations, market trends, payment ecosystem updates (e.g., UPI, IMPS, NEFT), and global compliance practices.

- Interface with external partners (banks, payment gateways, regulators, credit bureaus) to integrate and maintain compliant operations.

- Product Delivery & Execution - Define detailed product requirements (PRDs), user stories, and acceptance criteria.

- Lead end-to-end product development lifecycle from ideation to deployment.

- Monitor product performance using KPIs, audit logs, and incident reports to ensure regulatory effectiveness and platform security.

Mandatory Requirements:

Experience:

- 5+ years of product management experience with a clear focus on compliance, risk management, or fraud prevention.

- Domain expertise in financial services, banking, or FinTech products is mandatory.

Knowledge Areas:

- In-depth understanding of banking and payments landscape in India - UPI, AEPS, IMPS, NEFT, RTGS, BBPS, etc.

- Familiarity with regulatory bodies and frameworks such as RBI, SEBI, FIU-IND, PMLA, PCI DSS, and data localization rules.

Product Skills:

- Proven ability to build KYC/AML workflows, risk engines, compliance dashboards, and fraud detection systems.

- Proficiency in writing product requirement documents (PRDs), designing scalable backend features, and collaborating in Agile environments.

Preferred Skills:

- Experience working with payment gateways, NBFCs, neobanks, or digital wallets.

- Exposure to API-first products, rule engines, and real-time decisioning systems.

- Familiarity with compliance tech stacks like Onfido, Alloy, ComplyAdvantage, or internal tooling.