DBS Bank India | Senior Associate, Specialist, Regulatory & Process Control, Consumer Banking Group

Responsibilities

• Ensure strict adherence to regulatory guidelines and maintain robust internal controls for the Consumer Liabilities and Payments business.
• Monitor and analyze regulatory updates, assessing their impact on consumer banking products and operational processes.
• Support in developing, implementing, and reviewing governance frameworks.
• Conduct regular risk assessments, process reviews, and control self-assessments to proactively identify and mitigate operational risks.
• Collaborate with key stakeholders, including Legal, Compliance, and Risk Management, to align business practices with regulatory expectations.
• Manage the resolution of internal/external audit findings and regulatory reviews, ensuring timely execution of corrective actions.
• Provide advisory support to product teams on governance, risk, and compliance matters throughout the product lifecycle.
• Prepare dashboards on regulatory updates
• Reviewing Product and processes in line with regulatory guidelines.
• Supporting Branches on Process related queries.
• Drive data quality analytics and remediation.
• Identifying journey gaps from a regulatory perspective, preparing Business Requirement Documents and driving implementation with Platform and Technology.

Requirements

• Proven experience in regulatory compliance, risk management, or process control within the consumer banking sector.
• Deep understanding of consumer liabilities, payments products, and banking regulations.
• Demonstrated ability to design, evaluate, and optimize internal control frameworks.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent interpersonal and stakeholder management skills, with the ability to collaborate effectively across diverse teams.
• High level of integrity, detail-oriented, and proactive in managing risk.

DBS Bank India

DBS Bank India Limited is the Indian arm of DBS Group of Singapore, one of Asia's largest banks. DBS opened its first Indian office in Mumbai in 1994 and was among the first large foreign banks to operate in India as a wholly owned, locally incorporated subsidiary. After the amalgamation of Lakshmi Vilas Bank in November 2020, it serves customers through branches in around 19 states.

For finance professionals, DBS hires across consumer banking, institutional banking, treasury and markets, finance and controllership, risk, internal audit and compliance. CA, CFA and MBA (Finance) profiles suit its credit analysis, relationship management, regulatory reporting and audit roles.

• Industry: Banking
• Headquarters: Mumbai, India (parent: DBS Group, Singapore)
• In India: Branches across around 19 states, with large technology and operations hubs in Hyderabad and Chennai