As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realize their dreams and ambitions across 600 branches across the country. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits (incl. structured solutions for NRI), investments, insurance, mortgages, credit cards and personal loans to help our customers realize their dreams and aspirations at every life stage.
Job Purpose
This role involves overseeing and implementing processes, policies, and governance frameworks to ensure compliance with regulatory requirements and industry standards
Key Accountabilities
Policy Development and Governance: Lead the development, maintenance, and governance of regulatory circular changes, frameworks, policies, and procedures both internally and regulatory directions.
Regulatory Compliance*: Manage relationships with regulators, audit, and compliance assurance teams to ensure compliance with regulatory requirements.
Risk Management: Identify and mitigate risks and provide insights and analysis to support business decisions.
Process Optimization: Identify opportunities for process improvements and implement changes to enhance efficiency and productivity.
Stakeholder Management: Collaborate with senior leaders, business partners, and stakeholders to deliver high-quality results and ensure alignment with business objectives
Job Duties & Responsibilities
Ensure regulatory changes are implemented by respective product teams within consumer Banking division and work towards refinement of policy, documents and processes
Don't want to miss the next one?
Subscribe to daily email alerts for roles matching your interests.
Engage various cross functional stake-holders team for timely delivery of set objectives like New Product Approval, Outsourcing Risk Review, setting check points in RCSA, Quality assurance requirements and development of exception reports for governance to verify if policy & procedures is implemented as per its design.
Track and represent status of regulatory circular implementation, status of issues raised by regulators in various governance forums.
Required Experience
Regulatory Knowledge: Strong understanding of banking regulations, industry standards, and compliance requirements.
Strong Analytical and Problem-Solving Skills: Ability to analyse complex data, identify issues, and develop solutions.
Excellent Communication and Presentation Skills: Ability to communicate complex concepts and ideas to senior leaders and stakeholders.
Leadership and Collaboration: Ability to lead and collaborate with cross-functional teams, build relationships, and influence stakeholders.
Business Acumen: Ability to understand business needs, operations and be an enabler to business growth but ensuring regulatory compliances are met with
Education / Preferred Qualifications
CA or Qualified MBA, Finance /Risk having worked in Retail (consumer Banking space) business compliance and policy process governance function for atleast 12 -14 years
Core Competencies
Consumer Banking regulatory circular understanding especially on liabilities (CASA), KYC including digital onboarding and gold loan products.
The candidate should have adequate working experience in areas of operational risk, self-assessment testing and have performed audits/reviews over consumer banking products
Technical Competencies
Good at Data Analytics
Understanding of Customer Data and downstream impact
Work Relationship
Consumer Banking Product Heads/delegates
Consumer Banking Operations
Consumer Banking Compliance officers
Internal Audit team
DBS India - Culture & Behaviors
DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:
Demonstrate Business Performance through PRIDE 2.0 Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement
Maintain the Highest Standards of Honesty and Integrity
Location:
Mumbai
Job:
Compliance
Schedule:
Regular
Employee Status:
Full time
Similar roles you might like
More openings like this one — take a look before you go.
