Role & responsibilities

- Serve as the designated Principal Officer under the IFSCA (Payment Services) Regulations, 2024, ensuring full compliance with applicable regulations, circulars, and reporting requirements.
- Work closely with the Compliance Officer to ensure that policies, controls, and regulatory filings are in place and effective.
- Oversee day-to-day operations of the entity, including escrow and virtual account infrastructure, payment gateway operations, and settlement and reconciliation processes.
- Ensure that operational controls, governance processes, and internal reporting frameworks are in place and functioning.
- Drive business development across GIFT City funds, foreign investors, merchants, and institutional partners that need payment gateway and virtual account services.
- Represent the company at IFSC events, forums, and with regulatory and industry bodies.

Preferred candidate profile

- Deep understanding of IFSCA regulations, particularly the IFSCA (Payment Services) Regulations, 2024.
- Hands-on experience in payment services,



cross-border payments, or financial infrastructure in a regulated workplace.
- Track record of building commercial relationships with funds, banks, FPIs, or payment ecosystem partners.
- Ability to manage a regulated entity end-to-end, balancing regulatory requirements with business objectives.
- Strong written and verbal communication, with credibility in both regulatory and commercial settings.
- 5+ years in financial services, payments, or a regulated IFSC entity, including experience in a senior regulatory, compliance, or business leadership role

Perks and benefits

- The opportunity to lead a regulated entity's GIFT City presence and build the local team from the ground up.
- Direct access to senior leadership and a high-impact role at a high-growth fintech.

How to Apply Please send your CV to [email protected], mentioning "Principal Officer" in the subject line.

📌 Principal Officer (Ahmedabad)
🏢 Vishal Dembla
📍 Ahmedabad