Function of the Department
Compliance Department works closely with the business partners to manage the Bank’s regulatory / compliance risk by balancing its objective to maximise returns against an acceptable risk profile.
The compliance department, partners with stakeholders in developing controls and adequate governance framework and also develops a compliance assurance programme as part of independent second line function.
To manage risk effectively and run a successful business we invest in our people and infrastructure.
Job Purpose
To conduct assessment of the compliance risk and to develop a risk-oriented activity plan for compliance assessment. To monitor and periodically test compliance by performing sufficient and representative compliance testing.
Key Accountabilities / Requirements
- Driving Compliance Culture and standards
- Assess the Compliance Risk within the Bank and arrive at a Compliance Testing Plan.
- Conduct Thematic / Spot Reviews as per the ComplianceTesting Plan
- Conduct other periodic reviews such as RBS Tranche III Testing,



Surveillance of the Treasury function etc.
- Support the department / Bank during regulatory inspections.
- Be updated of the latest regulatory developments in the Industry
- Drafting policies / procedures related to the Compliance department
- Take up related roles such as Compliance Advisory / Regulatory Engagement etc within the Compliance Department whenever required.
Job Duties & Responsibilities
- Evaluate various circulars / products / processes across the Bank to assess the compliance risk at the Bank level and at Business Unit /Support Unit level.
- Work out a Risk oriented Compliance Testing plan based on the key risk areas identified as part of the risk assessment activity
- As part of Thematic Reviews, prepare the scope of the review, conduct walkthroughs with the stakeholders to understand the controls in place to manage regulatory risk and conduct data driven testing.
- Arrive at design level issues and op

📌 Assistant Vice President, Compliance Assurance, Legal Compliance (Mumbai)
🏢 DBS Bank India
📍 Mumbai