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

DBS Bank Ltd; Mumbai City; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

DBS Bank Ltd. is seeking a Compliance professional for its Mumbai Regional Office to strengthen regulatory governance across Consumer Liabilities and Payments. The role focuses on adhering to guidelines, assessing regulatory changes, and driving risk-aware decision-making within product teams.

You will collaborate with Legal, Compliance, and Risk Management to ensure robust controls, timely remediation, and continuous governance improvements throughout the product lifecycle.

Qualifications

• Regulatory compliance, risk management, or process control experience in consumer banking.
• Deep understanding of consumer liabilities and payments products.
• Ability to design and optimize internal control frameworks.
• Prepare dashboards on regulatory updates.
• Review products and processes per regulatory guidelines.
• Drive data quality analytics and remediation.
• Strong analytical, problem-solving, and stakeholder skills.

Responsibilities

• Ensure adherence to regulatory guidelines and internal controls.
• Monitor regulatory updates and assess impact on products/processes.
• Develop, implement, and review governance frameworks.
• Conduct risk assessments and control self-assessments.
• Collaborate with Legal, Compliance, and Risk Management.
• Resolve audit findings and regulatory reviews with timely actions.
• Advise product teams on governance, risk, and compliance.

Skills

Regulatory compliance

Risk management

Process control

Governance frameworks

Stakeholder management

Data quality analytics

Dashboards

Regulatory campaigns

Analytical thinking

Problem solving

Education

Degree in Business/Finance/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.

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