Hybrid Legal and Compliance Manager

at PayJoy

• Job title: Legal and Compliance Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Bangalore, India

About the role

• Legal & Compliance Manager overseeing compliance and legal affairs at PayJoy. Focused on regulatory frameworks, risk assessments, contract responsibilities, and intellectual property management.

Responsibilities

• Design, implement, and maintain Anti Money Laundering (AML) / Combating the Financing of Terrorism (CFT) frameworks aligned with local and global regulatory requirements (LFPORPI, UIF, FATF, BSA/Patriot Act, OFAC directives).
• Lead the full lifecycle of (Know your Business (KYC) / Know your client (KYB) processes including onboarding, re-identification, and remediation.
• Implement and manage AML transaction monitoring rules, risk ratings, and customer screening (real-time and periodic). Supervise CDD/EDD reviews and oversee case investigations, including suspicious activity reports (SARs).
• Ensure company’s products comply with local and international regulations. Work with Product and Engineering to design compliant but frictionless offerings. Monitor evolving regulatory changes affecting the business model.
• Conduct regulatory risk assessments and recommend mitigation strategies. Help align business operations with financial services regulatory requirements. Ensure compliance with consumer protection laws and market conduct rules.
• Draft, review, and negotiate a variety of agreements: vendor, partnership, customer-facing, NDAs, among others.
• Own and maintain the company’s IP portfolio in coordination with external counsel (trademarks, copyrights, confidentiality, etc.)
• Manage External Law Firms: Supervise and coordinate with external law firms providing support to PayJoy, ensuring compliance with regulations and company standards.
• Serve as the certified Compliance Officer and liaise with local and international regulators.

Requirements

• Bachelor’s degree in Law.
• More than 5 years of experience in legal departments of financial services or related, with compliance (AML/Data Protection) experience.
• In-depth knowledge of local financial regulations and global fintech regulatory trends.
• Strategic thinking and strong problem-solving skills; ability to navigate ambiguity and build structure.
• High proficiency in data analysis for operational performance and compliance trends.
• Strong interpersonal and executive communication skills.
• Certified Compliance Officer (Mandatory).

Benefits

• 100% Company Funded : Private Health Insurance for employee and immediate family
• 20 days vacation, unlimited sick leave
• Phone finance, Headphone, home office equipment and wellness perks.
• $2,000 USD annual Co-working Travel perk
• $2,000 USD annual Professional Development perk
• Phone Finance, headphone benefit, home office equipment allowance and wellness perks