Business Function

Group Operations enables and empowers the bank with an efficient, nimble, and resilient infrastructure through a strategic focus on productivity, quality control, technology, people capability and innovation.

In Group

Operations, we manage the majority of the Banks operational processes and inspire to delight our business partners through our multiple banking delivery channels. As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS. This is done through strategic focus on training and improving staff capability, empowerment, productivity, teamwork, innovation technology, managing operational risks strongly collaborating with our business partners in delivering excellent RED service to our customers.

Job Purpose

Regulatory Adherence

Key Accountabilities The Regulatory Adherence Specialist plays a critical role in ensuring that the Operations team in DBS Bank is in full compliance with all applicable regulations. This role involves a deep understanding of regulatory requirements, proactive identification and mitigation of compliance risks, and fostering a solid culture of adherence throughout Operations teams across Institutional, Consumer Banking and Financial Markets.

Job Duties responsibilities

- Perform independent assessment of adherence to existing regulations.
- Monitor and analyse all new and amended regulations and regulatory guidelines issued by financial regulators (e.g., RBI, SEBI, IRDA, FIMMDA, FEDAI) and other relevant authorities (eg NSDL, CDSL).
- Ensure that all new regulations are disseminated and assigned to the respective d partement heads in Operations for further assessment.
- Collaborate with the various Operations teams to assess the impact of regulations and perform gap analysis.




- Work with the Operations teams for relevant process enhancements and fixes and updation of the SOP documents wherever required.
- Work with Technology teams to track that the tech solutions are implemented as per the regulatory ask in an accurate and timely manner.
- Contribute to the incorporation of key regulatory risks into Units Risk Control Self-Assessments (RCSA)
- Promote a strong regulatory compliance culture through various forms of communication, including training and awareness communications

Required Experience

- Proven experience in regulatory compliance or regulatory audit within the financial services industry (Total experience minimum 10-years, regulatory compliance or Audit minimum experience 3-5 years)
- Should have strong knowledge of banking operations across Institutional or Consumer Banking (Total experience minimum 10 years, 5-7 years of experience in Ops)
- In-depth knowledge of banking regulations, and guidelines, particularly those issued by relevant local regulatory bodies (RBI, SEBI etc).
- Should have prior experience in reviewing and monitoring of regulations, regulatory returns and handling of regulatory audits either in banks for audit firms

Education / Preferred Qualifications

- Chartered Accountant

Technical Competencies

- Good Computer Skills

Core Competencies

- Strong analytical and problem-solving skills with the ability to interpret complex regulatory requirements.
- Excellent communication (written and verbal) and interpersonal skills to effectively engage with diverse stakeholders.
- Ability to work independently and collaboratively in a fast-paced setting.

Location:

Mumbai

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Assistant Vice President, Specialist, Operational Risk Management (Mumbai)
🏢 DBS Bank
📍 Mumbai