Risk & Compliance Analyst

We are a growing fintech startup enabling businesses to manage collections, payouts, and financial operations with speed and security. As we scale, we are strengthening our finance function and seeking an Internal Auditor to ensure financial accuracy, control, and compliance.

We are looking for a proactive Risk & Compliance Executive to support our Risk team in safeguarding our payments ecosystem. You will play a key role in merchant onboarding security, transaction surveillance, and regulatory compliance, ensuring we maintain a risk-resilient and compliant payments platform.

Key Responsibilities

KYC & Merchant Onboarding

• Review and verify merchant KYC documents for authenticity and regulatory completeness
• Conduct enhanced due diligence (EDD) where required
• Validate Nature of Business, ownership structure, website/app, risk category, and merchant use case
• Maintain accurate KYC records and audit trails

AML & Transaction Monitoring

• Monitor transactions for suspicious or unusual activity
• Support AML screening, alert investigation, and risk scoring
• Assist in identifying fraud patterns and emerging risk signals
• Escalate cases in line with internal breach and incident protocols

Regulatory & Compliance Support

• Assist in ongoing RBI, NPCI, UPI, and payment-gateway compliance activities
• Support policy execution for: Transaction monitoring, Risk assessment, Compliance reporting, Internal audits
• Maintain evidence and documentation for compliance reviews and partner due diligence

Reporting & Process Governance

• Prepare and maintain: KYC dashboards, Risk registers, Alert resolution logs, Compliance MIS
• Collaborate with Product, Operations, and Tech to ensure compliance controls are upheld
• Contribute to strengthening risk frameworks and SOPs

Skills & Competencies

• Basic understanding of KYC frameworks and compliance processes
• Ability to analyze transaction behavior and identify irregularities
• Strong attention to detail and structured thinking
• Good communication and stakeholder coordination
• Comfortable working with compliance trackers, dashboards, and reports
• Integrity and ability to handle confidential data responsibly

Must-Have Traits

• Compliance-first mindset
• Strong ownership and accountability
• Ability to work with SOPs and tight deadlines
• High discretion in handling sensitive information

Qualification

• Bachelor’s degree in any field (Finance/Commerce/Business is a plus but not mandatory)

Experience

• 0 – 2 years in KYC review, risk monitoring, compliance, or operations
• Exposure to payments, fintech, banking, or gateway compliance (bonus, not mandatory)

Why This Role Stands Out

• Be part of the core team protecting a live payments ecosystem
• Learn merchant risk, fraud detection, regulatory compliance, and monitoring frameworks

What We Offer

• A compliance-driven, fast-learning environment
• Exposure to real payments risk and regulatory processes
• Mentorship from experienced Risk & Compliance leaders
• Opportunity to build a career in the Payments Risk domain

Who Will Excel Here

• Enjoys compliance + investigation work
• Has an eye for spotting anomalies
• Wants to grow in the Fintech Risk & Compliance space
• Loves structured processes and ownership roles

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹35,000.00 per month

Benefits:

• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Ability to commute/relocate:

• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Risk analysis: 1 year (Preferred)
• Risk management: 1 year (Preferred)
• Compliance management: 1 year (Preferred)
• AML/KYC: 1 year (Required)

Work Location: In person