Principal Officer - GIFT City - Ahmedabad

• Act as the Principal Officer and key point of contact for IFSCA on Payment Services matters.
• Ensure compliance with applicable IFSCA regulations, directions, reporting and governance requirements.
• Establish appropriate policies, controls, SOPs and compliance frameworks for PSP activities.
• Work closely with Compliance, Risk, Legal and Operations teams.

• Identify new payment and cross-border financial opportunities that can be offered through the GIFT City platform.
• Evaluate opportunities across international payments, remittances, foreign- currency accounts, cards, wallets and other permitted payment services.
• Track developments in the GIFT City ecosystem and translate regulatory changes into commercial opportunities.
• Develop business cases and go-to-market propositions in partnership with Product and Business teams.

• Explore how the PSP licence can complement the existing AD2 forex business, including forex cards, cash forex and remittances.
• Identify opportunities to create an integrated proposition for international students, travellers, NRIs, corporates and other cross-border customers.
• Evaluate opportunities to improve customer acquisition, transaction economics and cross-border payment flows through the combination of GIFT City PSP and AD2 capabilities.

• Work with Product, Technology and Business teams to convert identified opportunities into scalable products.
• Explore propositions such as GIFT City-issued foreign-currency cards, international payment accounts, student/travel solutions and cross-border payment products, subject to applicable regulatory permissions.
• Define product proposition, customer segment, economics, partnerships and regulatory requirements.

• Identify and evaluate partnerships with banks, card networks, payment processors, fintechs, global payment platforms and other GIFT City entities.
• Work with potential banking and technology partners to develop new payment propositions.
• Build relationships within the GIFT City ecosystem and with relevant regulatory stakeholders.

• 5-10 years of experience across payments, fintech, banking, forex, remittances or financial services.
• Strong understanding of payment regulations, cross-border payments and regulatory frameworks.
• Experience dealing with RBI/IFSCA or other financial regulators would be preferred.
• Strong product and commercial orientation
• Experience in launching or managing payment, card, forex, remittance or international financial products preferred.

• Effective regulatory management of the PSP licence.
• Number and quality of new GIFT City payment opportunities identified and developed.
• Successful launch of new PSP products/propositions.
• Integration of PSP capabilities with the existing AD2 business.
• Strategic partnerships established with banks, networks and payment ecosystem players.
• Revenue and transaction volumes generated from new PSP propositions.

• Qualified CA / CS / MBA (Finance) / LLB
• AML certifications (ACAMS / ICA) - preferred
• At least 3 years of compliance experience in AD Category II / Forex / Banking / Fintech
• Prior GIFT City / IFSC exposure is an advantage.

Finnew Solutions Pvt Ltd is a private limited company incorporated on 23 November 2015, with its registered office at 8th Floor, Unit No G-801 to G-824, Gamma Block, Sigma Soft Tech Park, Ramagondanahalli Village, Varthur Hobli, Whitefield, Bangalore South, Karnataka, India - 560066.

*With a humble beginning in 1935, Kanji Forex Private Limited (Post Acquisition as NiyoForex) is an RBI-authorized Authorised Kanji Forex Private Limited (NiyoForex), an RBI-authorized Authorised Dealer Category II licensed entity, is authorized to facilitate foreign exchange transactions, including outward remittances, as per Reserve Bank of India regulations and operates in full compliance with FEMA, RBI guidelines, and customer due diligence requirements.

Niyo is committed to a diverse and inclusive workplace. Niyo is an equal opportunity employer, and does not discriminate based on race, origin, gender, gender identity, sexual orientation, disability, age, or other legally protected status.

All Selections will be based on standard parameters set for the role, as per company policy and will be subject to assessment via interview or assignment and further background verification process. Niyo is an equal opportunity employer.

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