About PayU PayU is a global organisation providing cutting edge online and mobile payment services supported by creative technological platforms high functionality stable development and a wide and constantly extended offering PayU Payments is the payments arm of the PayU brand which is part of Prosus group one of the largest technology investors in the world PayU s payment business comprises of payment aggregation BBPS and issuance of prepaid payment instruments in addition to several cutting-edge technology and value-added offerings to merchants and financial services providers Excited yet Continue reading to find out more about the role Role To support PayU s growth plans in India for payments and fintech opportunities PayU is looking for a lead senior lead- compliance with a background in payments and or fintech The role will be responsible for handling a variety of work involving Compliance Testing and Monitoring of the payments business Location Gurugram Role Summary The Compliance Testing and Monitoring Specialist will play a critical role in ensuring adherence to regulatory requirements issued by the Reserve Bank of India RBI NPCI and other governing authorities The role involves executing periodic compliance reviews identifying regulatory risks and ensuring that PayU Payments Payment Aggregation PA Payment Aggregation Cross-border PA-CB Prepaid Payment Instrument PPI and Bharat Bill Pay System BBPS operations strictly comply with applicable laws regulations and internal policies Key Responsibilities Compliance Testing Upgrade and implement a risk-based compliance testing framework for PA PPI and BBPS businesses aligned with regulatory guidelines Conduct periodic compliance reviews and testing of processes policies and Standard Operating Procedures SOPs to evaluate adherence to regulatory requirements Identify gaps risks and potential non-compliance issues and assess their impact on operations Provide structured reports on findings including root-cause analysis and recommended corrective actions Monitoring Activities Develop and execute an ongoing monitoring calendar to track compliance with regulatory obligations and internal requirements Monitor key processes such as KYC verification transaction monitoring merchant onboarding grievance redressal mechanisms and settlement timelines Keep a track of any updates or changes in RBI NPCI and applicable regulatory guidelines and assess their implications for existing processes Remediation and Follow-ups Collaborate with business teams to ensure identified compliance gaps are resolved within set timelines Follow up on action plans and track the implementation of mitigation measures Stakeholder Engagement Coordinate with legal risk and operations teams to ensure compliance with regulatory requirements Support senior management with updates on emerging compliance issues and proposed mitigation steps Reporting and Documentation Prepare detailed compliance testing and monitoring reports for internal stakeholders and regulatory audits Maintain documentation on compliance processes ongoing controls and test results for audit purposes Provide regular updates to the Compliance Committee on testing outcomes and regulatory risks What are we looking for The ideal candidate will be an independent individual with strong experience in payments fintech related compliance work who enjoys working in an international dynamic and diverse setting A bachelor s Master s degree in Legal Finance Risk Management or a related field Any additional qualifications such as those in relation to AML will be a plus The candidate must demonstrate Approximately at least 3-5 years of compliance experience in n compliance risk or audit roles within the payments fintech or financial services sectors Skills Strong understanding of regulatory guidelines applicable to the fintech payments industry in India Experience in executing compliance assurance frameworks or conducting audits Proficiency in data-driven monitoring tools and risk identification methodologies Excellent analytical report-writing and communication skills Ability to collaborate with cross-functional teams and meet deadlines in a fast-paced environment What we offer Competitive salary and excellent benefits in a diverse working environment with inspiring and hardworking colleagues A positive get-things-done environment at the workplace A dynamic and constantly evolving space An inclusive environment that ensures we listen to a diverse range of voices when making decisions Ability to learn cutting edge concepts and innovation in an agile environment A flexible working environment where you can drive your outcomes Company mobile phone laptop and other tools you might need