Senior Manager Regulatory Compliance Job in Fino Payments Bank

Job Title: Senior Manager Regulatory Compliance

Employment Type: Full-Time

Location: Navi Mumbai

Experience Required: 7 to 12 Years (in banking regulatory compliance)

About the Role

We are looking for an experienced Senior Manager Regulatory Compliance to lead and manage the day-to-day compliance responsibilities across key regulators such as RBI, PMLA, UIDAI, NPCI, and CKYC. The role involves ensuring timely dissemination, tracking, and implementation of regulatory guidelines, conducting compliance testing, supporting audits, and preparing governance dashboards and presentations for board-level committees. You will also collaborate across departments to ensure enterprise-wide compliance and risk mitigation.

Key Responsibilities

Regulatory Compliance Management

• Handle end-to-end compliance requirements related to RBI, PMLA, UIDAI, NPCI, and CKYC.
• Disseminate regulatory guidelines to relevant stakeholders, update trackers, and ensure closure of compliance actions.
• Conduct a quality and accuracy check before submitting responses to regulators.
• Maintain and update the compliance status for submission to executive committees and board-led committees.

Compliance Testing & RBS Handling

• Plan and conduct compliance testing, document observations, establish results, and follow through on resolution and closure.
• Take ownership of the Risk-Based Supervision (RBS) audit cycle from preparation and coordination to response and follow-up.

Cross-Functional Compliance Support

• Evaluate new product proposals and vendor/business agreements from a compliance perspective.
• Coordinate with internal stakeholders to ensure compliance readiness and closure of audit findings.
• Manage internal audits of the compliance department and ensure timely resolution of observations.

Governance & Dashboard Reporting

• Track and maintain:
  • Action Taken Reports (ATR) from Board and Management Committee decisions.
  • Pending compliance matters and testing-related observations.
• Prepare and review presentations, board notes, and committee reports for the Compliance department and CCO s office.
• Ensure meeting minutes reflect discussions accurately and coordinate with the CS team for finalization and timely submissions.

Skills & Competencies

• Strong analytical and investigative mindset with a business-enabler approach
• Ability to deep dive into complex regulatory topics and assess risk implications
• Excellent cross-functional coordination and stakeholder management skills
• Effective communicator with experience in preparing governance-level reports
• Quick learner with a proactive and detail-oriented approach

Qualifications

• CS / CAIIB / CA / ICWA / LLB / MBA (or equivalent professional qualification)

Experience

• 7 to 12 years of relevant experience in regulatory compliance within the banking sector
• (Note: Experience in CS, AML, or Audit roles is not considered relevant for this position)