Role Overview - This person would be handling ecosystem non-compliance within NPCI's Business Compliance Team.
Key responsibilities
Monitoring compliance of NPCI member banks and other entities to circulars, guidelines and directives issued by NPCI
Reviewing business proposals from the perspective of applicable RBI guidelines / laws and guiding the business / product teams
Coordination, reviewing and evaluating business responses related to observations from RBI Inspection, before final submission
Facilitating and handling product audits including internal audit, annual statutory and periodic quality audits, regulatory audit / inspection
Managing cross functional teams across departments for product governance and compliance
Handling queries of member institutions with regard to guidelines issued by NPCI
Liaison with RBI, financial institutions and banks wherever required




Automation of processes for handling product governance and compliances for NPCI and its members. Positive understanding of payments and cards related compliance.
Liaison with IBA and other authorities, financial institutions and banks wherever required
Requirements
Experience in payments compliance (UPI, IMPS, Cards other digital payment channels)
Positive understanding of payment transaction flow for UPI, IMPS, Cards and NACH
Should be well versed with payment and system settlement act (PSS Act)
Positive understanding of AI and usage of AI tool
Managing multiple stakeholders such as business team, product team, regulator and ecosystem participants.

📌 Business Compliance Professional Mumbai
🏢 National Payments Corporation Of India (NPCI)
📍 Mumbai