About The Role 
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<li>The candidate is expected to be the Lead Compliance Officer for the Digital Lending business of PhonePe. </li>
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<li style="margin-left:1.6rem;">Maintain oversight of the developments in the NBFC/LSP regulatory environment to proactively manage the potential regulatory risk of affected divisions/departments.</li>
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<li style="margin-left:1.6rem;">Advise business/support units on compliance laws, rules and standards, including keeping them informed of the developments in this area</li>
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<li style="margin-left:1.6rem;">Focus on self- learning and development on all relevant guidelines in the areas of financial services products especially insurance broking and lending. </li>
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<li style="margin-left:1.6rem;">Educate staff on regulatory compliance issues and acting as point of contact for all regulatory compliance queries from staff</li>
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<li style="margin-left:1.6rem;">Perform gap analysis on new/revised guidelines issued by regulators and follow up on action plans on the implementation</li>
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<li style="margin-left:1.6rem;">Act as face of the Compliance unit in discussion with product team to ensure all regulatory gaps are included in various product sprints and executed as per regulatory requirement</li>
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<li style="margin-left:1.6rem;">Develop solutions to address specific challenges faced by the business units in regulatory compliance matters including impact assessments</li>
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<li style="margin-left:1.6rem;">Provide detailed report to Compliance senior management on a regular basis of the review conducted in a quarter and critical gaps identified during the review along with status</li>
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<li style="margin-left:1.6rem;">Assist the Compliance leadership in providing updates to senior management on the critical compliance issues for immediate attention and escalations</li>
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<li style="margin-left:1.6rem;">Role demands collaboration within the wider Compliance, Ops, Product and tech teams across PhonePe Min years of experience: 12-13 years </li>
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Qualification: 

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<li>Post Graduate with at least 12-13 years of experience in compliance of Digital lending / Financial Services / Fintech space </li>
<li style="margin-left:1.6rem;">Experience in Compliance departments of NBFCs, digital lending platforms, or Insurance broking, Insurers </li>
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<li style="margin-left:1.6rem;">In-depth knowledge of the insurance / lending industry standards, Indian regulations and current market practices. </li>
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<li style="margin-left:1.6rem;">Has dealt with regulators and regulatory audits</li>
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<li style="margin-left:1.6rem;">Knowledge of reporting procedures and record keeping guidelines.</li>
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<li style="margin-left:1.6rem;">Ability to communicate clearly and precisely to the point. </li>
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<li style="margin-left:1.6rem;">Demonstrate the ability to plan and execute projects single handedly</li>
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<li style="margin-left:1.6rem;">Has an analytical mind able to “see” the complexities of procedures and regulations. </li>
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<li style="margin-left:1.6rem;">Is a problem solver and always ready to take ownership of deliverables assigned.</li>
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<li style="margin-left:1.6rem;">Has high ethical standards and is able to work diligently to complete duties.</li>
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<li style="margin-left:1.6rem;">Proven track record as a people manager is a plus</li>
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Senior Compliance Manager

Job Details & Overview

Skills Required for Senior Compliance Manager

Job Description for Senior Compliance Manager