Ritu Verma — CEO
I am a seasoned Regulatory Risk & Compliance professional, with extensive experience across Payments, Fintech and Banking compliance. I am well versed with managing both the functional and technology aspects of compliance and have experience in managing regulatory audits and interactions with regulators such as RBI, FIU etc. I am currently with Pine Labs as Director, Regulatory Compliance with end-to-end responsibility of managing the regulatory compliance function across the Pine Labs group. I have worked extensively on payment applications including PPI, PA etc. and also helped NBFCs with their application and compliance requirements across the broad spectrum of NBFCs in India. I have also worked as a consultant with PwC helping clients across banks, NBFCs and Fintechs on regulatory affairs. In my assignment with Amazon Pay I have worked on implementation of Regulatory Compliance for Pre-paid Payment Instrument (wallet) business. This role involved managing the RBI reporting requirements for Amazon Pay as well as working on SOPs for some of the key processes around Suspicious Transaction Reporting and other disclosures to RBI and FIU. Prior to this, I have worked as an AVP in the Compliance Risk Assessment (CRA) team at Barclays, where my primary responsibilities included implementation of Barclays' CRA framework. I was also responsible for coordinating the various program management initiatives as a part of the PMO and managing some of the key operational risk measures for various BUs within Barclays. In my earliest role in compliance, I was working as a part of the team implementing the AMLock solution across multiple geographies at ICICI. I also acted as the liaison for regulators such as RBI and FIUs. I was also instrumental in implementing the Transaction monitoring and Sanction screening applications at ICICI across multiple geographies and was also coordinating some of the regulatory audits. Specialties: Payments, Regulatory Consulting, Enterprise Risk Management, Compliance Risk, Process Benchmarking & Improvement, Program Management, Project Management
Stackforce AI infers this person is a seasoned Regulatory Compliance expert in the Fintech industry.
Location: Bengaluru, Karnataka, India
Experience: 14 yrs 10 mos
Career Highlights
- Expert in regulatory compliance across Fintech and Banking sectors.
- Proven track record in managing regulatory audits and interactions.
- Strong leadership in compliance risk assessment and management.
Work Experience
PayGlocal
Head of Compliance (2 yrs 5 mos)
ACFCS India Chapter
Board Member (3 yrs 2 mos)
Pine Labs
Director Regulatory Compliance (1 yr 8 mos)
Setu
Lead - Risk & Compliance (8 mos)
Pw and Co LLP
Manager (2 yrs 4 mos)
Amazon Pay
Compliance (1 yr 3 mos)
Barclays
Assistant Vice President (2 yrs 8 mos)
Tata Consultancy Services
Consultant - Risk and Compliance (10 mos)
J.P. Morgan
IB Operations Analyst - KYC/AML (2 mos)
Polaris Financial Technology Limited
Associate Consultant (5 mos)
ICICI Bank
Assistant Manager - Audit and Compliance (2 yrs 7 mos)
Education
Post Graduate Degree in Management at Indian Institute of Management, Lucknow
Bachelor of Engineering (B.E.) at SGSITS, Indore
High School at Kendriya Vidyalaya
