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Amica Financial Technology - Senior Director/Head - Compliance
Amica Financial Technology - Senior Director/Head - ComplianceAmica Financial Technology Private Limited • Bangalore, India
Amica Financial Technology - Senior Director / Head - Compliance

Amica Financial Technology - Senior Director / Head - Compliance

Amica Financial Technology Private Limited • Bangalore, India
3 days ago
Job description

Description :

  • Jupiter is seeking a high-calibre Head of Compliance (Senior Director, Compliance) to lead and own the end-to-end compliance function across all its regulated businesses including Banking, NBFC, Credit Cards, PPI, Insurance and allied financial products.
  • This role is accountable for building, scaling and institutionalising a robust compliance framework that spans policy formulation, regulatory interpretation, execution, monitoring, reporting and continuous improvement.
  • The role operates as a strategic partner to the leadership team while maintaining strong operational rigor and regulatory discipline.
  • The incumbent will ensure that Jupiter not only meets regulatory requirements but establishes a benchmark for governance, transparency and compliance maturity in the fintech ecosystem.

Key Objectives of the Role :

  • To create an integrated compliance architecture across all regulated entities and business lines.
  • To ensure end-to-end ownership of compliance from policy creation to execution to tracking and reporting.
  • To proactively manage regulatory risk and maintain strong working relationships with regulators and partner institutions.
  • To embed a culture of compliance, accountability and governance across all teams and product verticals.
  • Core Strategy and Define and execute the compliance vision and strategy aligned with Jupiters long-term business goals and regulatory environment.

  • Establish a comprehensive compliance governance framework that integrates banking partner compliance, NBFC regulations, RBI guidelines, IRDAI norms and other applicable statutory requirements.
  • Ensure compliance risk is proactively identified and managed at an enterprise level.
  • Policy Development and Regulatory Interpretation :

  • Own the creation, review and periodic updation of all compliance policies, SOPs, manuals and regulatory frameworks across business verticals.
  • Interpret regulatory circulars, guidelines and notifications and translate them into actionable business and operational practices.
  • Ensure clarity, accuracy and consistency in compliance documentation across the organisation.
  • Execution and Operational Ensure effective implementation of all compliance policies across product, operations, technology, risk and customer experience functions.

  • Embed compliance checkpoints into product design, customer journeys, operational workflows and partner integrations.
  • Ensure all business units comply with internal policies and external regulatory requirements at all times.
  • Monitoring, Audit and Tracking :

  • Establish and lead a robust compliance monitoring system including internal audits, surveillance mechanisms and regulatory reporting.
  • Track compliance KPIs, risk indicators and audit observations.
  • Ensure closure of audit findings from regulators, partner banks and internal audit teams within defined timelines.
  • Regulatory Engagement and Stakeholder Serve as the primary point of contact for regulators, partner banks, trustees and external auditors on all compliance-related matters.

  • Manage regulatory inspections, compliance reviews and thematic audits.
  • Build and maintain strong relationships with regulatory bodies through transparent and proactive engagement.
  • Risk Management and Issue Resolution :

  • Identify potential compliance risks, regulatory gaps and control weaknesses.
  • Lead resolution of compliance breaches, regulatory findings and audit deviations with structured root cause analysis and corrective action plans.
  • Escalate critical risks to senior leadership and board-level committees as required.
  • Compliance Culture and Capability Building :

  • Drive a strong compliance-first culture across the organisation through structured training, awareness programmes and leadership engagement.
  • Build a high-performing compliance team with clear ownership, accountability and domain expertise across multiple regulatory landscapes.
  • Reporting and Governance Forums :

  • Present compliance reports, risk assessments and regulatory updates to executive management, Board, Risk Committee and Audit Committee.
  • Enable data-driven compliance decision-making through structured MIS and dashboards.
  • Qualifications and Minimum 12 to 15 years of experience in compliance leadership roles within Banking, NBFC, fintech, insurance or regulated financial services.

  • Proven experience in handling multi-regulatory environments, including RBI, IRDAI and other financial regulatory bodies.
  • Strong understanding of compliance frameworks, risk management systems and regulatory governance models.
  • Prior experience working with rapidly scaling fintechs or digital banking platforms will be highly advantageous.
  • Core Competencies :

  • Strong regulatory interpretation and compliance structuring capability.
  • Deep expertise in end-to-end compliance lifecycle management.
  • Strategic thinking combined with high operational discipline.
  • Ability to influence cross-functional stakeholders and business leaders.
  • High integrity, resilience and judgement in complex regulatory situations.
  • Strong communication skills with ability to simplify regulatory complexity for business teams.
  • Success Reduced regulatory risk exposure and improved audit outcomes.

  • Strong regulatory credibility and trust.
  • High compliance adherence across business units.
  • Scalable compliance architecture that supports fast business growth.
  • A visible culture of compliance embedded across the organisation.
  • This role is critical to Jupiters ambition of building a trusted, transparent and category-defining financial services platform and will play a decisive role in strengthening governance and long-term sustainability of the organisation.
  • (ref : iimjobs.com)

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