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 -
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
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
Requirements
- Preferably from BFSI industry in compliance/law
- Any graduate /Masters degree in the related field
- Proven experience in project management, risk & compliance laws.
- AI-enabled mindset with the ability to leverage AI/ML tools and insights to drive smarter decision-making, improve data workflows, and enhance outcomes.
Skills Required
- At least 2 years of professional experience
- Graduation in a relevant field
- Master's degree or equivalent full-time professional degree in a related field
- Experience in BFSI compliance or law
- CA, CS, or LLB qualification
- MBA or equivalent full-time professional degree
- Proven experience in project management, risk, and compliance laws
- Ability to leverage AI/ML tools and insights for decision-making and data workflows
What We Do
NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA). A registered company under Section 8 of the Companies Act, 2013. Watch the NPCI Corporate AV - https://youtu.be/RGl9YQ6CB20 Products & Services Unified Payments Interface Unique payment solution which empowers a recipient to initiate the payment request from a smartphone. It facilitates 'virtual payment address' as a payment identifier for sending & collecting money & works on single click 2 factor authentication. Immediate Payment Service A 24X7, real time, cost effective, independent channel, retail payment service, introduced by NPCI, empowering customers to transfer money instantly with banks & RBI authorised PPIs across India. RuPay Robust card scheme designed to offer payment products with superior features & processes specifically designed to cater to diverse consumer needs. *99# USSD based mobile banking platform that makes banking services accessible to all the bank account holders on their mobile phones. National Automated Clearing House Centralised payment system developed with an aim to consolidate multiple ECS systems running across the country & provide a framework for the removal of local barriers/inhibitors. Aadhaar Enabled Payment System Bank led model which allows online financial inclusion transactions at micro-ATMs through the business correspondent of any bank using the Aadhaar authentication. e-KYC Electronic way of conducting authentic & real time KYC of a customer using Aadhaar authentication. Cheque Truncation System Electronic image of the cheque is transmitted to the drawee bank by the clearing house, along with relevant information. National Financial Switch Facilitates routing of ATM transactions through inter-connectivity between its member institutions thereby enabling the citizens of the country to utilise any ATM of a connected entity
