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

DBS; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

DBS is seeking an Assistant Vice President, Specialist in Regulatory & Process Control within the Consumer Banking Group at their Regional Office in Mumbai. The role centers on ensuring regulatory adherence, strengthening internal controls, and driving governance across consumer liabilities and payments products.

Responsibilities include monitoring regulatory updates, advising product teams, conducting risk assessments, and leading data quality and remediation initiatives.

Qualifications

• 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.
• Ability to design, evaluate, and optimize internal control frameworks.
• Prepare dashboards on regulatory updates.
• Review products and processes in line with regulatory guidelines.
• Support branches on process-related queries.
• Drive data quality analytics and remediation.
• Identify journey gaps from a regulatory perspective and drive BRD creation and implementation with Platform/Tech.
• Drive regulatory campaigns.

Responsibilities

• Ensure strict adherence to regulatory guidelines and maintain robust internal controls for Consumer Liabilities and Payments.
• Monitor and analyze regulatory updates and assess impact on products and processes.
• Support governance frameworks development, implementation, and review.
• Conduct risk assessments and process reviews to mitigate operational risk.
• Collaborate with Legal, Compliance, and Risk Management.
• Manage resolution of audit findings and regulatory reviews with timely corrective actions.
• Provide advisory support to product teams on governance, risk, and compliance throughout the lifecycle.

Skills

Regulatory compliance

Risk management

Process control

Governance frameworks

Stakeholder management

Data quality analytics

Regulatory campaigns

Education

Bachelor's degree in Business/Finance/Law

Tools

Dashboard tools

Job description

## Assistant Vice President, Specialist, Regulatory & Process Control, Consumer Banking GroupApply: Regional Office Mumbai: Full time: Posted Today: WD89319**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.