Lead – Risk/Audit & Regulatory Compliance Pravi HR Advisory

The Corporate Institute; Chennai District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

The Corporate Institute is seeking an experienced Risk, Audit & Regulatory Compliance professional for an RBI-regulated bank in India. You will manage regulatory and audit requirements end-to-end, coordinating remediation, validating evidence and driving closure across Risk, Compliance, Audit, Technology and Data teams.

The role requires hands-on RBI audit experience, strong stakeholder management, and the ability to independently drive observations through closure.

Qualifications

• 8-10+ years experience in Banking Risk, Audit, Regulatory Compliance or related areas.
• Mandatory experience with an RBI-regulated bank in India.
• Hands-on exposure to RBI audits, regulatory inspections or reviews.

Responsibilities

• Coordinate RBI/regulatory reviews, internal/external audits and technology audits.
• Translate audit observations into actions, owners and timelines.
• Drive remediation, evidence validation and final closure of observations.
• Prepare, review and validate audit evidence, responses and regulatory submissions.
• Track RBI circulars, guidelines and regulatory changes and assess impact.
• Identify overdue actions, control gaps and elevated risks.

Skills

RBI regulatory experience

Banking risk

Audit & remediation

Stakeholder management

Data Governance exposure

Tools

Jira

Job description

About the Role:

We are looking for an experienced Risk, Audit & Regulatory Compliance professional with hands‑on experience in an RBI-regulated banking institution in India.

The role will be responsible for managing regulatory and audit requirements end-to-end – from understanding observations and defining corrective actions to coordinating remediation, validating evidence and driving successful closure.

The position will work closely with Risk, Compliance, Audit, Technology, Data/EDW, Information Security, Business and Operations teams. Exposure to Data Governance, Data Quality, EDW/Data Platforms and PMO/Change Governance will be an advantage.

Key Responsibilities:

• Coordinate RBI/regulatory reviews, internal/external audits, risk/compliance audits and technology audits.
• Understand regulatory requirements and audit observations and translate them into clear actions, owners and timelines.
• Drive audit observations through remediation, evidence validation and final closure.
• Prepare, review and validate audit evidence, responses, supporting documents and regulatory submissions.
• Track applicable RBI circulars, guidelines and regulatory changes and coordinate impact assessment and implementation.
• Identify overdue actions, control gaps, repeat observations and key risks and elevate them appropriately.
• Coordinate across Risk, Compliance, Audit, Technology, Data/EDW, Information Security and Business teams.
• Maintain regulatory, audit and remediation trackers and provide periodic MIS/status reporting to management.
• Support change governance, including Change Requests (CRs), approvals, dependencies, risks and action tracking.
• Support governance meetings and executive reporting on audit status, regulatory changes, ageing, risks and closure.

Required Skills & Experience:

• 8-10+ years of experience in Banking Risk, Audit, Regulatory Compliance, Technology Risk or related areas.
• Mandatory experience working with an RBI-regulated bank in India.
• Hands‑on exposure to RBI audits, regulatory inspections/reviews and regulatory compliance requirements.
• Strong experience managing audit observations, corrective actions, remediation and closure.
• Good understanding of RBI circulars, guidelines and regulatory change requirements.
• Experience preparing, reviewing and validating audit evidence/artifacts and responses.
• Strong stakeholder management skills with the ability to coordinate across Audit, Risk, Compliance, Technology, Data and Business teams.
• Ability to independently manage multiple audits, regulatory requirements and remediation initiatives.

Preferred / Added Advantage:

• 1. Enterprise Data Warehouse (EDW) / Data Platforms
• 2. Data Governance & Data Quality
• 3. Data Controls, Reconciliation, Lineage & Traceability
• 4. Technology Risk / IT Audit
• 5. Information Security / Cybersecurity Audits
• 6. Regulatory Change Management
• 7. PMO / Project or Program Governance
• 8. Change Request / Change Ticket Management
• 9. RAID & Dependency Management
• 10. Jira or similar workflow tools
• 11. Business Continuity / Disaster Recovery
• 12. Third-Party / Vendor Risk

Ideal Candidate:

We are looking for a hands‑on banking risk, audit and regulatory professional, rather than someone with only audit coordination or PMO experience.

The ideal candidate should understand regulatory and audit expectations, be able to assess the adequacy of remediation and supporting evidence, and independently drive observations through to closure.

Experience working with Data/EDW, Technology or Data Governance teams, along with PMO/change governance exposure, would be a strong advantage.