Director - UK Retail Banking Compliance

Black Turtle; Gurugram District; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Black Turtle in India is looking for a senior Compliance leader to collaborate with UK leadership, deliver governance, and embed risk controls across the Compliance India hub. You will guide transformation, stakeholder engagement at the MD/director level, and drive business oversight with a view to strengthening regulatory compliance in retail banking contexts.

The role demands deep knowledge of regulatory frameworks, especially consumer duties, and the ability to mentor the India Compliance

Qualifications

• Strong stakeholder engagement and influencing skills at a senior level.
• Ability to provide strong people leadership, performance management and talent development.
• Proven communication and problem-solving skills. Creative thinking, strong judgment and decision-making.
• A solid understanding of retail banking.
• Strong experience in risk management and Compliance at a senior level.
• Understanding of new technologies and the use of Data in retail banking organisations.

Responsibilities

• Collaborate with the UK Compliance leadership to identify areas/ activities that can be supported from India and manage the set-up and delivery to create centres of excellence.
• Provide subject matter expertise on UK retail banking products, regulatory environment, including Consumer Duty and the Bank's Compliance Risk Framework to UK India Compliance colleagues
• Provide education, training and support to members of the BUK India Compliance team
• Stakeholder management of BUK Compliance MDs/directors to ensure effective matrix management of the UK Compliance team based in India
• On behalf of the UK Compliance Leadership team, undertake specific business oversight accountabilities and provide effective checks and challenges to the business
• Provide thought leadership and compliance expertise within the Compliance function, including the continued embedment of the Business Oversight Compliance (BOC) Target Operating Model (TOM).
• As a member of the Compliance India leadership team, support the growth and value proposition of the Compliance India hub

Skills

Stakeholder engagement

People leadership

Communication skills

Retail banking knowledge

Risk management

Decision making

Creative thinking

Data in banking

Job description

Description:

• Collaborate with the UK Compliance leadership to identify areas/ activities that can be supported from India and manage the set-up and delivery to create centres of excellence
• Provide subject matter expertise on UK retail banking products, regulatory environment, including Consumer Duty and the Bank's Compliance Risk Framework to UK India Compliance colleagues
• Provide education, training and support to members of the BUK India Compliance team
• Stakeholder management of BUK Compliance MDs/directors to ensure effective matrix management of the UK Compliance team based in India
• On behalf of the UK Compliance Leadership team, undertake specific business oversight accountabilities and provide effective checks and challenges to the business
• Provide thought leadership and compliance expertise within the Compliance function, including the continued embedment of the Business Oversight Compliance (BOC) Target Operating Model (TOM).
• As a member of the Compliance India leadership team, support the growth and value proposition of the Compliance India hub

Essential Skills/Basic Qualifications:

• Strong stakeholder engagement and influencing skills at a senior level.
• Ability to provide strong people leadership, performance management and talent development.
• Proven communication and problem-solving skills. Creative thinking, strong judgment and decision-making.
• A solid understanding of retail banking.
• Strong experience in risk management and Compliance at a senior level.
• Understanding of new technologies and the use of Data in retail banking organisations.
• Innovative self-starter with a challenging but positive and influential style.

Person Specification:

• Builds Self-Insight: Creates an open culture where understanding one's own drivers, strengths and development areas is actively encouraged and valued. Supports a culture where the development of people skills is given the same priority as technical skills.
• Developing Others: Sets challenging objectives and takes the lead in driving succession planning.
• Enabling High Performance: Sets the standards of and assumes accountability for performance. Enables leaders to take calculated risks by delegating trust and responsibility to deliver success in their area.
• Building Relationships: Creates and maintains a culture in which trust and mutual respect are valued; challenging people and systems that do not support this. Can influence at a senior level to achieve results.
• Working Collaboratively: Builds a culture where involvement and sharing are seen as essential for the achievement of shared objectives and agendas.
• Demonstrating Thought Leadership: Both internally and externally in relation to compliances role in operational resilience, digitisation of financial services, use of new technologies in financial services etc. .