Job Title/ Role: Manager - FCU Governance
Business Unit/ Department: Risk

Job Purpose:
As a member of the Enterprise Risk Management (ERM) team, this role is responsible for managing regulatory interactions—particularly with the Reserve Bank of India (RBI) / SEBI, Law enforcement agencies like Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs (MHA), Financial Intelligence Unit of India, NPCI and other authorities; besides the Internal Audit engagements related to Financial Crime – Money Mules and Cyber Enabled Fraud related matters. The incumbent will ensure timely and accurate delivery of regulatory submissions, support balanced and risk-based discussions with the authorities, and provide high‑quality drafting and review of regulator-facing responses. The role requires solid experience in money mule risk mitigation, cyber-enabled fraud prevention, compliance frameworks, and the ability to manage cross-functional stakeholders to close issues effectively.

Roles & Responsibilities:

Regulatory Interaction & Response Management (RBI Focus)




• Ensure effective and quality liaison for RBI inspections, offsite reviews, adhoc submissions in response to the targeted questionnaires, onsite thematic reviews, and other supervisory/ regulatory communications related to Money Mules and Cyber Enabled Fraud risk.
• Lead the end-to-end process of regulatory responses: query intake → stakeholder coordination → evidence collation → drafting → quality review → timely submission.
• Ensure high quality responses reflecting a balanced, transparent, and risk-based perspective, aligning with regulatory expectations.
• Maintain a robust repository of submissions, inspection reports, compliance status, and closure evidence to enable consistency in responses.
• To liaise with internal stakeholders for assimilation of required information, tracking and escalating issues to ensure timely submissions.
• Manage regulatory on‑site inspections by liaising with various stakeho

📌 Manager - FCU Governance (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai