Regulatory Controls Associate

• 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.

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 years work 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.