Vice President - Risk & Compliance - BFSI

Responsibilities

Framework, design principles, processes, policy and tool design and rollout, setting up a team, managing stakeholders (management team members, LECs, IA, Regulators etc.) and ensuring all compliances are met and exceptions are flagged. All this is being done in order to comply with regulatory requirement of establishing a standard and centralized bank wide process for managing intragroup contracts and governance around it.

- Setup the whole function by way of designing TPRM & CSA framework, policies, procedures with the support from Big 4

- Engage other teams running projects that have an impact on this such as Service Co, Legal entity programs, Migration process etc.

- Support the Program Director in managing all project streams during design and implementation phase and escalate where necessary - Create and maintain golden source of Service Catalogued and Service Matrix for the bank

- Engage with the stakeholders across the bank to manage smooth implementation of the project

- Governance around IGSM framework; Provide timely exception/ risk reporting to senior management - Assist in setting up new Intragroup contracts in line with approved Intra Group Service Management (IGSM) policy

- Close collaboration with other teams to ensure compliance with IGSM policy

- Periodic review and maintenance of Contract terms, Service Catalogue and Service Matrix etc.

- Coordinate and resolve queries with Regulators and internal/external Auditors

- Resource management

Required Skills:

- Professional qualification such as CA, ICWA, CS, LLB etc. or an MBA

- 12-14 years of experience with minimum 8 years - experience in Compliance / Risk/ Audit / Internal Controls/ Transitions preferably in financial services industry

- Prior experience of working on off-shoring services contracts/ agreements such as Intragroup

- Familiarity with legal contracts, agreements and other documents

- Experience in leading a team, managing senior stakeholders and Auditors (internal & external) and Regulators

- Strong communication skills, both written and verbal

- Good interpretational skills to help build positive relationships and communicate with senior stakeholders - Ability to deal with ambiguity, simplify outputs and recommendations in a dynamic environment - Leadership skills - Developing others & enabling high performance

- Proficiency in PowerPoint, Excel and Word