1. Assist in the comprehensive review of new products, features, and offerings on the PhonePe platform, ensuring zero go-lives without compliance sign-off.
2. Partner with Product teams through the entire product lifecycle to proactively flag and resolve compliance and risk-related issues and maintain deviations observed.
3. Assist in mapping preventative and detective controls to mitigate compliance risks, document requirements, and manage their implementation.
4. Assist in establishing an productive Regulatory Change Management (RCM) framework to track, summarize, and implement RBI and NPCI circulars/communications with satisfactory evidence on records.
5. Ensure regulatory reports are validated and filed timely with regulators.
6.
Ensure review of all Non-IT related policies and procedures on a periodic basis or whenever there is change in process and place it for Management approvals to board on a timely fashion.
7. Assist in regulatory inspections, data validation and ensure audit preparedness throughout the processes designed.
8. Handle and manage the GRC tool implementation
9. Maintain oversight of key compliance metrics; prepare monthly Compliance Dashboards and trackers for governance forums.
10. Keep abreast of all regulatory developments as well as evolving best practices in compliance controls and leverage the same to implement better and current compliance standards.
11. Proactively pursue and implement automation and AI solutions to drive efficiencies in internal compliance processes.