Position Title: Chief of Internal Vigilance (CIV)

Location: Noida/Mumbai

Reporting To: MD & CEO

Organization: Paytm Payments Bank Limited

 

 

·         Review and streamline procedures to eliminate scope for corruption.

·         Identify sensitive areas and ensure posting of officers with proven integrity.

·         Recommend system improvements to reduce delays and enhance transparency.

 

·         Investigate complaints and allegations of misconduct or corruption.

·         Process investigation reports for disciplinary action.

·         Liaise with law enforcement agencies (Police, SFIO, etc.) as needed.

 

·         Monitor activities to detect early signs of misconduct.

·         Conduct surprise checks and audits in sensitive departments.

 

·         Ensure adherence to RBI guidelines.

·         Submit periodic vigilance reports to the Board and CEO.

·         Oversee implementation of staff rotation and mandatory leave policies.

 

·         Act as a special advisor to the CEO on vigilance matters.

 

·         Officer should have minimum 20 years of overall experience and relevant experience of attest 5 years in handling disciplinary /internal vigilance matter

·         Experience in vigilance, audit, or compliance.

·         Proven track record of integrity and ethical conduct.

·         Should not be involved in any administrative or decision-making roles with vigilance sensitivity.

 

Tenure:

·         Initial tenure is 3 years, extendable by 2 more years, subject to a maximum of 6 years overall.

·         If transferred between banks, the total tenure across banks should not exceed 6 years.

 

Please refer the RBI Guidelines for detailed roles and responsibilities - Notifications - Reserve Bank of India