Assistant Vice President, Specialist, Regulatory Adherence Specialist, Technology and Operations

DBS Bank Ltd.·Posted 4 months ago

Location

All India

Experience

3–10 years

Required Skills

Regulatory ComplianceBanking OperationsRisk ManagementRegulatory AuditRegulatory GuidelinesFinancial Services IndustryBanking RegulationsRisk Control SelfAssessments RCSAChartered Accountant

About the Role

As a Regulatory Adherence Specialist at DBS Bank, your role is crucial in ensuring full compliance with all applicable regulations within the Operations team. Your responsibilities will include:

• Performing independent assessments of adherence to existing regulations

• Monitoring and analyzing new and amended regulations issued by financial regulators and relevant authorities

• Disseminating new regulations to department heads for assessment

• Collaborating with Operations teams to assess regulatory impact and perform gap analysis

• Working on process enhancements, fixes, and SOP document updates

• Tracking implementation of tech solutions as per regulatory requirements

• Incorporating key regulatory risks into Risk & Control Self-Assessments (RCSA)

• Promoting a strong regulatory compliance culture through various communication channels

To excel in this role, you should have:

• Minimum 10 years of experience in regulatory compliance or regulatory audit, with 3-5 years specifically in this field

• Strong knowledge of banking operations in Institutional or Consumer Banking, with 5-7 years of experience in Ops

• In-depth understanding of banking regulations, especially those issued by local regulatory bodies

• Previous experience in reviewing and monitoring regulations, regulatory returns, and handling regulatory audits in banks or audit firms

Preferred qualifications include:

• Chartered Accountant certification

Additionally, you should possess:

• Good computer skills

• Strong analytical and problem-solving abilities

• Excellent written and verbal communication skills

• Interpersonal skills to engage effectively with diverse stakeholders

• Ability to work both independently and collaboratively in a fast-paced environment

This position is based in Mumbai, India, and falls under the Risk Management department. It is a full-time role with a regular schedule. If you are passionate about regulatory compliance and have the required experience and qualifications, we encourage you to apply for this opportunity at DBS Bank. As a Regulatory Adherence Specialist at DBS Bank, your role is crucial in ensuring full compliance with all applicable regulations within the Operations team. Your responsibilities will include: