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Associate Compliance

Job Description - Associate Compliance

A. About NBBL-


NPCI Bharat BillPay Limited (NBBL) is
a wholly owned subsidiary of the National Payments Corporation of India
(NPCI), established to operate and manage the Bharat BillPay ecosystem. NBBL
plays a pivotal role in India’s digital payments landscape by offering a
unified, interoperable platform for bill payments across various categories
such as electricity, water, gas, telecom, DTH, education, and more.

 

Incorporated under the regulatory
framework of the Reserve Bank of India (RBI), NBBL is committed to building a
secure, efficient, and inclusive bill payment infrastructure. It empowers
consumers with convenient payment options and enables businesses with
seamless collection mechanisms and real-time settlements.

 

As an Equal Opportunity Employer, NBBL
fosters a workplace culture that values diversity and inclusion. It maintains
zero tolerance for discrimination based on race, ethnicity, disability,
gender identity, or sexual orientation, and actively supports the LGBTQ+
community.

 



B. The
opportunity -


Manage
surveillance, enforcement and compliance for ecosystem partners and members to
ensure adherence to set standards and processes of NBBL





C. Job
details -

  • Job Title: Associate Compliance NBBL
  • Division: Compliance
  • Years
    of Experience: 2yrs+

  • Education: Graduation (preferably
    CA/CS/LLB) or Professional degrees like MBA or equivalent Full-time

  • Location:
    Mumbai

  • Permanent Role

D. Key
responsibilities -


1.     Tracking
regulatory Circulars, Notices and Regulation

2.     RBI
filings

3.     Conducting
Steering Committee Meetings and preparing MoM

4.     Preparing
Board updates and ATR

5.     Internal
Audit and regulatory Inspection

6.     Drafting
Policy and Procedures

7.     Engage
with the team in formulation of policies and processes for ecosystem partners
and members, initiate measures and oversee execution to maintain compliance.

8.     Conduct
periodic reviews of compliance levels to identify bottlenecks and enable
elimination of the same to ensure that there are no deviations.

9.     Interpret
relevant regulatory circulars/directions and monitor regulatory activities.

10. Filing of periodical
reports with the regulator

11. Initiate coordination
with the respective product, operations and BD teams to ensure that the
required information and safeguards are maintained as per defined standards of
NBBL.  





Requirements

Key skills and experience required - 
  1. Preferably from BFSI industry in compliance/law
  2. Any graduate /Masters degree in the related field
  3. Proven experience in project management, risk & compliance laws.
  4. AI-enabled mindset with the ability to leverage AI/ML tools and insights to drive smarter decision-making, improve data workflows, and enhance outcomes.



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