Compliance Testing Manager

Key Responsibilities:

• Compliance Testing Execution:

• Develop and implement the annual compliance testing plan.
• Conduct compliance reviews across business units, branches, and new products.
• Perform control testing to assess adherence to regulatory and internal standards.

• Reporting & Documentation:

• Draft detailed testing reports with observations and management responses.
• Maintain MIS and dashboards for open issues, aging, and resolution timelines.
• Present findings to senior management and compliance committees.

• Stakeholder Engagement:

• Collaborate with business units to ensure timely closure of compliance gaps.
• Guide teams on remediation plans and monitor progress.

• Regulatory Monitoring:

• Stay updated on regulatory changes and assess their impact on testing scope.
• Support in updating testing methodologies and frameworks accordingly.

• Team Collaboration:

• Work closely with various teams.
• Mentor junior compliance staff and support cross-functional initiatives.

Qualifications & Experience:

• Bachelors degree in Finance, Business Administration, or related field.
• 5 - 8 years of experience in compliance testing, auditing, or risk management within the banking sector.
• Strong understanding of RBI guidelines, AML/KYC norms, and other banking regulations.
• Professional certifications like CCEP, CRCM, or ICA (preferred).

Skills Required:

• Regulatory knowledge and interpretation
• Risk-based testing methodology
• Analytical and problem-solving skills
• Strong communication and report writing
• Stakeholder management
• Attention to detail and organizational skills

Preferred Attributes:

• Experience in IT/ISG compliance testing is a plus.
• Ability to work independently and manage multiple testing engagements.
• Proactive approach to identifying and mitigating compliance risks.