Senior Regulatory Counsel

Job description

This is Adyen Adyen is the payments platform of choice for the world's top companies, delivering frictionless payments across online, mobile, and in-store channels. Our team members are motivated individuals that help each other do remarkable things every day. We face unique challenges and we solve those as a team. And together, we deliver innovative and ethical solutions that transform the way the world pays. Senior Regulatory Counsel Adyen is looking for a Senior Regulatory Counsel with extensive experience in banking, financial services, payments, or card networks. As a senior member of the team, you will deeply influence the importance of regulatory compliance in India and act as a strategic business partner to both local and global stakeholders. You will advise on the evolving regulatory framework, including laws, regulations, and compliances prevailing in India, with a specific focus on payment aggregation and financial services. What you’ll do • Regulatory Monitoring: Monitor regulatory developments in India, including Reserve Bank of India circulars and policies, and advise on their impact and implementation on Adyen’s local and global operations. • Operational Excellence: Operationalize complex regulatory requirements in India and monitor compliance on an ongoing basis. • Advisory & Support: Provide pragmatic legal and regulatory advice to internal stakeholders (Risk, Legal, Finance, Operations and Commercial teams) to accelerate the growth in India. Be a trusted partner to the Product and Tech teams to design, build and launch innovative payments/financial products in accordance with regulatory requirements. • Regulatory Submissions: Manage various routine and ad hoc regulatory requests, filings, engagements and reporting obligations with the RBI and other relevant authorities. • Strategic Representation: Represent the regulatory team on cross-functional projects to frame regulatory strategy and align it with global organizational objectives. • Commercial Partnership: Advise on and negotiate various agreements with merchants, service providers, and external partners while ensuring compliant solutions align with commercial strategy. • Policy Analysis: Analyze and summarize regulatory policies, guidelines, bills, and acts (e.g., PA-CB, KYC Master Directions, DPDP Act 2023). Role Expectations & Skill Set Regulatory Expertise • Apply expert regulatory expertise to provide exemplary advice on complex regulatory matters across multiple domains. • Shape Adyen’s regulatory and integrity frameworks, acting as a subject matter expert for both internal and external stakeholders. • Skillfully strike a balance between risk and commercial needs, acting as a multiplier by guiding other team members to achieve the same. • Understand the mindset and policies of regulators and auditors to make strategic regulatory decisions. Communication & Influence • Masterfully adapt communication style and messaging (written and verbal) to different audiences, providing clear and concise updates and challenges. • Advocate Adyen’s position on complex matters to external stakeholders and effectively influence their views. • Provide mentorship to junior colleagues, applying a multiplier effect across the team. Project Management • Initiate and own complex, high-impact cross-functional projects, managing stakeholders and resources effectively while navigating roadblocks. • Identify opportunities to involve junior colleagues in projects to support their professional growth. Problem Solving & Decision Making • Navigate complex challenges and difficult conversations with high attention to detail while maintaining the bigger picture. • Apply critical thinking to strategic decision-making and anticipate complex issues before they arise. • Challenge the status quo and take accountability for driving the best possible standards in team procedures. Strategy & Scalability • Assist with creating Global Function OKRs and develop dedicated program management for projects within the team. • Identify large-scale projects that drive organizational efficiencies globally with a 10x mentality. • Offer guidance in complex situations and clear roadblocks that hinder regional or global progress. Who you are • Qualified Professional: You are qualified as a lawyer in India. • Language Proficiency: You are fully proficient in English. • Experience: You have at least 10+ years of post-qualification experience in regulatory or compliance teams of RBI-regulated entities or have extensively advised such entities. • Industry Knowledge: You have deep working knowledge of the payments, banking, and/or financial services industry, including acquiring and card networks. • Strategic Thinker: You are an analytical thinker who can set and monitor policies required to ensure controlled and sustainable growth. • Interpersonal Skills: You have solid interpersonal skills and the ability to liaise with diverse internal and external stakeholders and merchants across different cultures. • <s