Job Summary

Role Purpose

Manage and oversee business-as-usual cross-border payment activities, ensuring transactions are processed accurately, within agreed timelines and in compliance with FEMA, RBI directions, internal policies and applicable control standards.
Provide advisory and transactional guidance on current and capital account matters under FEMA
Strengthen regulatory compliance, client experience and execution certainty through practical interpretation, risk-based decision-making, effective stakeholder engagement and well-documented governance.

Key Responsibilities

Processes

FEMA Advisory and Transaction Governance

Interpret FEMA, current account rules, capital account regulations, RBI Master Directions, notifications and circulars, and translate them into transparent operational guidance.
Perform regulatory do-ability assessments and advise on transaction structuring, permitted routes, limits, approvals, documentation, account usage, purpose codes and post-transaction obligations.
Review complex or exceptional cases,



historical non-compliances and regularisation matters; determine escalation, late submission fee, compounding or RBI approval requirements.
Review transaction documents, applications, declarations, agreements and regulatory submissions with appropriate maker-checker and audit-evidence controls.

Regulatory Reporting and Regulator Engagement

Working knowledge of FIRMS, , OID, ECB and other applicable RBI reporting platforms is desirable.
Experience in reporting’s such as FC-GPR, FC-TRS, LLP(I)/(II), DI, CN, ESOP, InVI, ECB, ODI, APR, FLA, R-Return, LRS and other cross-border regulatory returns will be an added advantage.
Analyse and reconcile source data, validate transaction classification and purpose codes, respond to regulatory queries and maintain complete evidence trails.
Prepare and review applications, representations and responses to RBI; engage with Compliance, Legal, Product, Business and Operations to obtain timely decisions.
Monit

📌 Associate Director, Payments (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru