Job Description:

Location: Mumbai, India

Department: Compliance

Reports To: Senior Vice President – Compliance Assurance

Role Purpose

To lead and execute a robust compliance assurance program across business units, ensuring adherence to regulatory requirements and internal policies / processes. The role involves testing of regulatory obligations, reporting and tracking, to strengthen the compliance framework and mitigate regulatory risks.

Key Responsibilities
- Execute and ensure timely delivery of Compliance Reviews, including Branch Reviews as per the review plan approved by ACB aligned with RBI and other regulatory guidelines.
- Conduct RBS Tranche III Testing as per RBI’s Risk-Based Supervision guidelines.
- Create recent system rules for automating testing of regulatory obligations on a continuous basis and analyse the exceptions.
- Integrate data analytics and automation tools for enhanced testing efficiency.
- Carry out detailed reviews of processes, products, and systems to identify gaps and recommend corrective actions.
- Perform sample checks,



walkthroughs of processes, products and systems and control validations.
- Prepare Compliance Review Reports highlighting observations, root causes, and remediation plans.
- Present findings to Senior management and Audit Committee.
- Maintain centralized repository of testing results for regulatory and internal audits.

Regulatory Alignment
- Stay updated on regulatory changes and incorporate them into testing programs.
- Liaise with regulators during inspections and audits, ensuring timely and accurate responses.

Stakeholder Management
- Collaborate with business, operations, risk, internal audit and technology teams
- Provide advisory support on compliance matters and emerging risks.

Additional Strategic Responsibilities
- Drive continuous improvement through automation, AI-driven analytics.
- Contribute to compliance risk assessment and annual compliance plan.
- Support training and awareness programs for bu

📌 Compliance Assurance (Mumbai)
🏢 Acura Solution
📍 Mumbai