Assistant Vice President, Specialist, Regulatory & Process Control, Consumer Banking Group

DBS Bank Ltd; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

DBS Bank Ltd in Mumbai is seeking a Compliance professional to strengthen regulatory governance across Consumer Liabilities and Payments. You will ensure adherence to guidelines, manage risk controls, and provide advisory support through the product lifecycle.

The role requires strong analytical abilities, stakeholder collaboration with Legal, Compliance, and Risk Management, and the ability to drive data quality analytics, dashboards, and regulatory campaigns.

Qualifications

• Degree in business, finance, law, or related discipline.
• Experience in regulatory compliance or risk management in consumer banking.
• Deep understanding of consumer liabilities, payments products, and regulations.
• Ability to design and optimize internal control frameworks.
• Prepare dashboards on regulatory updates.
• Review products/processes per regulatory guidelines.
• Support branches on process queries.
• Drive data quality analytics and remediation.
• Identify regulatory journey gaps and prepare BRDs for implementation.
• Lead regulatory campaigns.

Responsibilities

• Ensure adherence to regulatory guidelines and maintain internal controls for the Consumer Liabilities and Payments business.
• Monitor and analyze regulatory updates, assessing their impact on consumer banking products and operational processes.
• Support in developing, implementing, and reviewing governance frameworks.
• Conduct regular risk assessments, process reviews, and control self-assessments to proactively identify and mitigate operational risks.
• Collaborate with key stakeholders, including Legal, Compliance, and Risk Management, to align business practices with regulatory expectations.
• Manage the resolution of internal/external audit findings and regulatory reviews, ensuring timely execution of corrective actions.
• Provide advisory support to product teams on governance, risk, and compliance matters throughout the product lifecycle.

Skills

Regulatory compliance

Risk management

Process control

Governance frameworks

Data quality analytics

Dashboards

Stakeholder management

Analytical thinking

Problem solving

Attention to detail

Integrity

Education

Bachelor's degree in business, finance, or law

Job description

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, to help our customers realise their dreams and aspirations at every life stage.

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, to help our customers realise their dreams and aspirations at every life stage.

Responsibilities

• Ensure strict adherence to regulatory guidelines and maintain robust internal controls for the Consumer Liabilities and Payments business.
• Monitor and analyze regulatory updates, assessing their impact on consumer banking products and operational processes.
• Support in developing, implementing, and reviewing governance frameworks.
• Conduct regular risk assessments, process reviews, and control self-assessments to proactively identify and mitigate operational risks.
• Collaborate with key stakeholders, including Legal, Compliance, and Risk Management, to align business practices with regulatory expectations.
• Manage the resolution of internal/external audit findings and regulatory reviews, ensuring timely execution of corrective actions.
• Provide advisory support to product teams on governance, risk, and compliance matters throughout the product lifecycle.

Requirements

• Degree in Business, Finance, Law, or a related discipline.
• Proven experience in regulatory compliance, risk management, or process control within the consumer banking sector.
• Deep understanding of consumer liabilities, payments products, and banking regulations.
• Demonstrated ability to design, evaluate, and optimize internal control frameworks.
• Prepare dashboards on regulatory updates
• Reviewing Product and processes in line with regulatory guidelines.
• Supporting Branches on Process related queries.
• Drive data quality analytics and remediation.
• Identifying journey gaps from a regulatory perspective, preparing Business Requirement Documents and driving implementation with Platform and Technology.
• Drive Regulatory Campaigns
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent interpersonal and stakeholder management skills, with the ability to collaborate effectively across diverse teams.
• High level of integrity, detail-oriented, and proactive in managing risk.

Location:

Regional Office Mumbai

Job:

Compliance

Schedule:

Regular

Employee Status:

Full time