Job Title

Senior Vice President I – Compliance Testing – Thematic and Sustenance testing

Objective To lead and manage the Sustenance Testing and Thematic Testing programs within the Compliance Testing Unit, ensuring robust control validation, adherence to regulatory requirements, and continuous improvement of compliance frameworks across all banking products and processes

Responsibilities

· Plan and run deep-dive thematic reviews targeting inspection hot-spots

· Develop and implement a comprehensive strategy for Sustenance Testing and Thematic Testing aligned with regulatory expectations

· Identify emerging regulatory risks and design thematic reviews focusing on high-risk areas

· Expand thematic coverage based on resource availability and regulatory priorities

· Ensure quarterly refresh of testing themes and universe based on current RBI/SEBI circulars and internal risk assessments

· Define and enforce standardized testing methodologies, sampling strategies, and documentation protocols.

· Oversee end-to-end sustenance testing and thematic testing across all banking products (Retail, Corporate, Treasury, Trade Finance, Credit, Digital Banking, Market Risk, etc.)

· Lead and mentor a team of compliance testing professionals, ensuring optimal resource allocation and capability building.

· Optimize resource allocation and manage timelines to meet regulatory and internal deadlines.





· Prepare for an update to be given to Audit Committee of the Board (ACB) on testing findings, remediation progress and refreshed themes.

· Drive enhancements in testing processes through automation, analytics, and best practices.

· Collaborate with business units and CARO’s to discuss compliance testing observations and track for remedial action.

· Maintain comprehensive documentation and ensure timely escalation of findings

Required Qualifications and Skills

Education: Graduate/Postgraduate in Finance, Banking, or related field.

Experience:

- Minimum 15+ years in banking compliance, risk management, or audit, with at least 5 years in a leadership role
- Strong understanding of RBI, SEBI and other regulatory frameworks.
- Proven track record of managing large-scale compliance testing programs.

Leadership Competencies:

- Strategic thinking, stakeholder engagement, and ability to drive large-scale compliance initiatives.

Key Attributes:

- Excellent leadership, communication, and stakeholder management skills.
- Analytical mindset with ability to interpret complex regulatory requirements.
- Ability to manage complex projects under tight timelines

Preferred Certification - CA

Reporting Line

Head – Compliance Testing Unit – Senior Vice President II

Refer to the

📌 Compliance:Compliance Testing Team (Mumbai)
🏢 Axis Bank
📍 Mumbai