Business Function
Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose
To ensure that best practices are adopted, and guidelines complied with and that all New Products and outsourcing activities comply with applicable laws, rules, and regulations. To assist in Reviewing and interpreting new laws and regulations and advising Units regarding legal and regulatory requirements impacting retail products for the Bank including FEMA
Primary
Key Accountabilities
- Reviewing and interpreting new laws and regulations and advising Units regarding legal and regulatory requirements impacting Bank including Gold Loans, Co-lending, FEMA
- Outsourcing Risk Review for Regulatory requirements
- Handling of RBI Inspection and RBI Liasioning
- Provide Compliance opinion for New Product Approvals
Job Duties & Responsibilities
- Assist in the conduct of RBI Audit and resolution of regulatory issues
- Ensure best practices are adopted and guidelines complied with and that all activities comply with applicable laws, rules and regulations in case of Outsourcing and New products approvals
- Liaise with the Regulators and establish a cordial rapport. Correspond with the regulators, if appropriate
- Proactively forge relationships with a broad range of business areas and third parties to encourage the best quality output and service from the team
- Share know-how and experience with other the legal-compliance team and elsewhere within the DBS compliance and legal function, including participation in any global practice groups relevant to role and expertise
- Managing Inward Correspondence with the regulators
- Addressing queries relating to legal/regulatory risks involved in launch of new products/business, expansion; and
- Evaluating suspected violations of laws and regulations in conjunction with Group Compliance
- Disseminating regulations to business and support functions and provide ongoing advisory service to ensure that the Bank operates in accordance with (a) all regulatory and legal requirements; and (b) Group compliance standards
Competencies
- Excellent diagnostic skills and rigorous approach to problem solving
- Excellent communication and negotiation skills at all levels, especially drafting & writing skills
- Excellent comprehension skills to understand and interpret industry data and economic trends
- Strong formal presentation skills to gain acceptance to solutions, both internally and externally
- Attention to detail & Tenacious
- Ability to think creatively and identify innovative solutions; Should have a stable mindset to handle issues & also be able to think through a problem
- Should be able to identify and forecast legal & compliance risks / rewards, in line with proposed business growth & find solutions
Technical Competencies
- Extensive financial & technical knowledge of banking and financial services laws
- Strong technical ability & ability to grasp new technical areas of law very quickly
- Knowledge on BCSBI (Banking Codes & Standards Board of India)
- Knowledge on all related laws in India especially laws governing RBI, SEBI, FEDAI, IRDA, AMFI, FIMDA, NSE, BSE, NSDL, CDSL, etc
- Sound knowledge of the overall banking environment (primarily pertaining to Credit Cards)
- Must have overview of the applicability of various statutes/ laws applicable
- Must have worked on overall regulatory compliance in Bank for 5-7 years (incl. regulatory advisory or regulatory compliance for Credit Cards business for minimum 2 to 4 years)
Work Relationship
- Close working relationship with all business heads, product owners & internal support functions to sign off & ensure compliance for all products & services offered by DBS India (primarily pertaining to Credit Cards)
- External interaction with governing bodies such as the RBI, SEBI, FEDAI, IRDA, AMFI, FIMDA, NSE, BSE, NSDL, CDSL, etc
- Establish a working relationship with Legal & Compliance team in Singapore
DBS India - Culture & Behaviors
- Drive Performance Through Value Based Propositions
- Ensure Customer Focus by Delighting Customers & Reduce Complaints
- Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
- Enhance Knowledge Base, Build Skill Sets & Develop Competencies
- Execute at Speed While maintaining Error Free Operations
- Develop a Passion for Performance to Grow Talent Pool
- Maintain the Highest Standards of Honesty and Integrity
Primary Location
India-Maharashtra-Mumbai
Job
Compliance
Schedule
Regular
Job Type
Full-time
Job Posting
Nov 13, 2025, 10:30:00 AM
