Sr Compliance Manager, Amazon Pay
DESCRIPTION
Are you invigorated by complex challenges? Do ambiguities drive you to explore further? Do obstacles make you more determined to succeed?
If you answered yes, we have an exciting opportunity for you at Amazon Pay India as a Senior Compliance Manager.
The Sr Compliance Manager will play a critical role in ensuring that our payment business operates within the regulatory framework set forth by regulators. This position involves developing, implementing, and maintaining compliance policies and procedures to mitigate compliance risks and ensure adherence to all applicable laws and regulations. The Compliance Manager will report directly to the Head of Risk and Compliance Solutions [RCS].
Key job responsibilities
1. Regulatory Compliance:
• Ensure the business line operates in compliance with all relevant laws, regulations, and internal policies.
• Monitor regulatory changes and assess their impact on the business line.
• Develop and implement strategies to address regulatory changes.
2. Policy and Procedure Development:
• Develop, update, and maintain compliance policies
• Ensure that policies are effectively communicated and implemented across the business line.
3. Risk Management:
• Conduct regular risk assessments to identify potential compliance risks and develop mitigation strategies.
• Implement and oversee compliance risk management programs.
4. Training and Awareness:
• Design and deliver compliance training programs to employees within the business line.
• Promote a culture of compliance through regular communication and training.
5. Monitoring and Reporting:
• Conduct regular compliance audits and reviews to ensure adherence to policies and procedures.
• Prepare and present compliance reports to senior management and relevant committees.
6. Liaison with Regulators:
• Manage regulatory examinations and audits, and coordinate responses to regulatory inquiries.
7. Advisory:
• Provide advice and guidance to the business line on compliance matters.
• Collaborate with legal and information security to ensure compliance considerations are integrated into business decisions.
About the team
Risk and Compliance Solutions (RCS) is responsible for operational risk management and regulatory compliance adherence for all functions within Amazon Pay. The function is responsible for setting strong operational risk management framework, risk identification, assessment and continuous monitoring framework. In addition, the function also manages key regulatory compliance functions such as regulatory reporting, Suspicious Activity monitoring, Regulatory Audits, and Governances.
BASIC QUALIFICATIONS
- 8+ years of compliance, audit or risk management experience
- Bachelor's degree or equivalent
PREFERRED QUALIFICATIONS
- Experience leveraging technology and implementing lean principles / Six Sigma methodologies to drive process improvements or equivalent
- Experience in Payment compliance with Banks/ PSOs
- Chartered Accountant or MBA