Regulatory Controls Associate

Job Title: Regulatory Controls Associate

Location: Mumbai, India

Role Description

The Regulatory Controls Associate will be an integral member of the CB IB Business Financial Crime Business Controls Oversight team, based in Mumbai or Bangalore. In this role, the Associate will support the business in meeting various Financial crime controls and Regulatory requirements. Key responsibilities include performing essential control activities, assessing and interpreting policy requirements, and conducting gap analysis through process mapping. The associate will also contribute to the design, implementation, and ongoing reporting of business controls, ensuring robust compliance and effective regulatory oversight within the organization.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

• Best in class leave policy

• Gender neutral parental leaves

• 100% reimbursement under childcare assistance benefit (gender neutral)

• Sponsorship for Industry relevant certifications and education

• Employee Assistance Program for you and your family members

• Comprehensive Hospitalization Insurance for you and your dependents

• Accident and Term life Insurance

• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Perform gap analysis through detailed process mapping to identify and address areas of potential non-compliance or operational risk.

• Support the design and implementation of robust business controls to strengthen the organizations financial crime prevention framework.

• Contributes to ongoing monitoring, review, and reporting of business controls, providing timely and accurate updates to management and stakeholders.

• Collaborate with cross-functional teams (KYC, AFC, Front Office) to ensure effective regulatory oversight and promote a culture of compliance throughout the organization.

• Performing and/or managing various management reports across multiple jurisdictions

• Ensure accurate, timely and completeness of reporting

• Working closely with AFC, technology development teams to provide requirements to support financial crime controls, with the aim to automate as much of the controls / processes as possible

• Ability to build and maintain effective controls and prioritize activities based on financial crime risk.

• Clear communication and escalation. Ability to recognize high risk situations and deal with them in a prompt manner.

Your skills and experience

• 5-8 yearswork experience within an Ops role within financial services.

• Graduate in Finance/Science/Technology

• Experience in AML / Sanctions preferred

• Ability to work independently, as well as in a team environment

• Clear and concise communication and escalation. Ability to recognize high risk situations and deal with them in a prompt manner.

• Experience in data analysis with intermediate/advanced Microsoft Office Suite skills including VBA.