Job Title: Fintech Payments & Compliance Lead (UPI / Digital Payments)
Location: MUMBAI
Experience: 8–15 years
Employment Type: Consultant
About Us:
We are building our own UPI-based digital payments system. This role is critical in helping us navigate RBI and NPCI regulations, partner with banks, and design the technical architecture for our UPI system.
Roles & Responsibilities
1. Regulatory & Compliance
● Lead the RBI licensing process (Payment Aggregator / PSP / Payment Bank).
● Liaise with NPCI for UPI PSP approval and compliance audits.
● Define and implement KYC, AML, and fraud monitoring frameworks.
● Partner with sponsor banks to ensure smooth settlements and reconciliations.
● Prepare all documentation and policies for regulatory submissions.
2. Technical & Product Guidance
● Design UPI system architecture including transaction flows, QR payments, and UPI
ID management.
● Guide frontend and mobile developers on secure UPI integration.
● Ensure security measures: encryption, key management, OTP/biometric
verification.
● Oversee sandbox integration with banks/NPCI and testing of transaction flows.
● Provide technical input for feature roadmap and user experience.
3. Strategic & Advisory
● Recommend adoption strategies for users and merchants in target niche.
● Ensure compliance with RBI/NPCI audits post-launch.
● Advise on scalable and secure transaction workflows.
Required Skills & Experience
● Extensive knowledge of UPI, NPCI guidelines, Payment Aggregator / PSP
operations.
● Experience with RBI compliance, licensing, and digital payment regulations.
● Familiarity with bank partnerships and settlement workflows.
● Strong technical understanding of backend payment systems, APIs, and security
protocols.
● Experience in leading fintech or payments projects.
● Excellent stakeholder management and documentation skills.
Preferred
● Prior experience in launching a UPI system, PSP, or payment gateway.
● Knowledge of mobile app payment integrations (Android/iOS).
● Network with sponsor banks or NPCI officials.