Legal Compliance Specialist - Financial Services (3-5 yrs)

Role : Legal Compliance Specialist

- Experience: Minimum 3-5 Years

- Location: Noida, Sector 63

- Reports to: CEO

Qualification :

- Lawyers preferred

- Minimum 3 Years Experience in FinTech sector

- Indian Taxation Lawyers with experience in handling international clients would be a great fit.

Job Description : The Compliance Specialist shall be responsible for clients being onboarded to the company in a compliant manner with Local, State and National regulations and continued development of systems and procedures. They maintain ethical and responsible compliance, and ongoing internal audit and governance practices.

About company: We assist merchants in seamlessly accepting payments from Indian customers. Our customized services are crafted to make payment processing effortless, enabling you to concentrate on growing your business. Whether you're in e-commerce, gaming, or any other sector, our solutions empower you to utilize popular Indian payment methods such as UPI, Netbanking and credit/debit cards. Collaborate with us to optimize your operations and tap into new possibilities in India's vibrant market.

Roles and Responsibilities:

- Liaise with internal personnel on the application and implementation of KYC/KYB policies appropriately.

- Maintaining knowledge of appropriate laws and regulations with a view to review / challenge internal teams where required.

- Review periodically and evaluate news related to clients.

- Consult on how risk factors impact client risk rating and sanctions impact the risk profile of the client.

- Provide general supervision and management of the day-to-day compliance and auditing affairs of the company within the applicable guidelines.

- Carry out any other appropriate duties and responsibilities assigned by the Board.

Key Skills:

- Deep knowledge of Applicability of GST on items sold, Fee for Technical Services (FTS), Equalisation Levy (EL), Withholding Taxes, AML and cyber frauds w.r.t. DTTA

- To be continuously updated on the mandates, notices and iterations issued by the Goods and Service Tax Council, Central Board of Indirect Taxes and Customs (CBIC), Ministry of Corporate Affairs (MCA), National Company Law Tribunal (NCLT), Central Board of Excise and Customs (CBEC), Consumer Financial Protection Bureau (CFPB), Reserve Bank of India (RBI) and other competent bodies established to regulate FinTech.

- Understanding of how a fintech works

- Risk assessments and Management