Associate- Governance, Risk and Compliance

Moodys Analytics; Bengaluru; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Acuity Knowledge Services (India) Private Limited in Bengaluru seeks a qualified Compliance Associate to support US mortgage lending, servicing, and consumer banking regulatory programs. The role emphasizes risk management, audit, and quality assurance, with opportunities to broaden into GRC, privacy, and AI-enabled compliance.

You will conduct vendor reviews, monitor regulatory obligations, prepare assessment summaries, and collaborate with SMEs to close gaps.

Qualifications

• Regulatory compliance knowledge across US Mortgage Lending and Mortgage Servicing.
• Experience with risk assessment methodologies and control environments.
• Familiarity with privacy, governance, and AI-enabled compliance solutions preferred.

Responsibilities

• Conduct vendor and third-party compliance reviews.
• Review due diligence and identify potential compliance or privacy concerns.
• Assist in monitoring third-party regulatory and risk obligations.
• Prepare assessment summaries and recommendations.
• Monitor and track compliance issues, findings, regulatory observations, and corrective action plans.
• Review issue status updates, remediation timelines, and aging reports.
• Coordinate with business stakeholders to ensure timely resolution of identified compliance concerns.
• Conduct quality assurance reviews and support continuous process improvement initiatives.
• Assess applicability of new and changing regulatory requirements.
• Support compliance impact assessments and implementation activities.
• Maintain regulatory inventories, obligations, and compliance documentation.
• Assist in evaluating the effectiveness of controls designed to address regulatory requirements.
• Support regulatory traceability and governance initiatives.
• Participate in risk assessments and control evaluations.
• Review control design and operating effectiveness.
• Coordinate with SMEs to maintain risk and control inventories.
• Identify control gaps and support remediation efforts.
• Strong documentation skills to clearly articulate alert disposition.
• Adherence to controls and compliance standards.

Skills

Regulatory compliance

Risk management

Audit

Quality assurance

Mortgage compliance

Consumer banking compliance

Third-party risk management

GRC

Education

Graduate equivalent education

Tools

Archer

Job description

Group Company: Acuity Knowledge Services (India) Private Limited

Designation: Associate

Office Location: Bengaluru

Role Overview

We are seeking a highlymotivated Compliance professional with experience in US Mortgage Lending,Mortgage Servicing, Consumer Banking, Regulatory Compliance, Risk Management,Audit, or Quality Assurance to support enterprise compliance and risk managementprograms.

This role provides a nopportunity to leverage existing mortgage compliance expertise while expandinginto broader areas such as Regulatory Change Management, Third-Party RiskManagement (TPRM), Issue Management, Privacy, Governance, Risk Compliance(GRC), and AI-enabled compliance solutions.

The ideal candidate will have a strong understanding of US regulatory requirements, risk assessment methodologies, control environments, and compliance monitoring activities.

Primary Responsibilities

• Conduct vendor and third-party compliance reviews.
• Review due diligence documentation and identify potential compliance or privacy concerns.
• Assist in monitoring third-party regulatory and risk obligations.
• Prepare assessment summaries and recommendations.
• Monitor and track compliance issues, findings, regulatory observations, and corrective action plans.
• Review issue status updates, remediation timelines, and aging reports.
• Coordinate with business stakeholders to ensure timely resolution of identified compliance concerns.
• Conduct quality assurance reviews and support continuous process improvement initiatives.
• Assess applicability of new and changing regulatory requirements.
• Support compliance impact assessments and implementation activities.
• Maintain regulatory inventories, obligations, and compliance documentation.
• Assist in evaluating the effectiveness of controls designed to address regulatory requirements.
• Support regulatory traceability and governance initiatives.
• Participate in risk assessments and control evaluations.
• Review control design and operating effectiveness.
• Coordinate with Subject Matter Experts (SMEs) to maintain risk and control inventories.
• Identify control gaps and support remediation efforts.
• Strong documentation skills to clearly articulate alert disposition.
• Adherence to controls and compliance standards.

Key Competencies

• Graduate equivalent education
• 3 to 6 years of experience in MortgageCompliance, Consumer Banking Compliance, Risk Management, Audit, QualityAssurance, or Regulatory Compliance.
• Good knowledge of regulations is a must
• Strong analytical, problem-solving, and investigative skills.
• Excellent written and verbal communication skills.
• Experience reviewing regulatory requirements and evaluating business controls.
• Advanced Microsoft Excel, Word, and PowerPoint skills.
• Experience with Archer or other GRC platforms.
• Experience supporting risk assessments or control testing.
• Exposure to Third-Party Risk Management.
• Familiarity with AI-enabled compliance solutions and process automation tools.

Preferred Experience Working With

• Mortgage Compliance
• Mortgage Servicing Compliance
• Lending Compliance
• Compliance Testing
• Quality Assurance / Quality Control
• Regulatory Change Management
• Operational Risk Management
• Internal Audit
• First Line Risk (FLOD)
• Consumer Banking Compliance
• Risk Control Assessments
• RegulationsRESPA / TILA / ECOA / HMDA / FCRA / FDCPA / UDAAP / CFPB