Senior Manager/Assistant Vice President - IT Compliance - BFSI

Description:

Job Title: Senior Manager/ AVP IT Compliance (BFSI)

Location: Mumbai

Experience: 5 to 8 Years

Industry: BFSI / Banking / Financial Services

Role Overview

We are seeking a highly driven IT Compliance professional to manage regulatory compliance, risk assessment, and audit readiness within a dynamic BFSI environment. The role involves close interaction with regulatory authorities, ensuring adherence to evolving IT compliance frameworks, and strengthening the organizations risk posture.

Key Responsibilities

Regulatory Compliance Management (IT):

- Stay updated and ensure adherence to regulatory requirements such as RBI Master Directions, CSITE Guidelines, SEBI directives, and other applicable frameworks.

Regulatory Liaison:

- Act as the primary point of contact for interactions with regulatory bodies (RBI, SEBI, NPCI) for IT compliance-related matters.

Policy & Framework Implementation:

- Assist in the development, implementation, and periodic review of IT policies, compliance frameworks, and SOPs aligned with regulatory expectations.

Risk Management & Assessment:

- Conduct IT compliance risk assessments, identify vulnerabilities, and drive mitigation strategies across the IT ecosystem.

Audit & Inspection Management:

- Coordinate and manage regulatory audits and inspections; prepare documentation, responses, and ensure audit readiness.

Reporting & Documentation:

- Prepare periodic compliance reports for senior leadership and regulators.

- Maintain accurate records of compliance activities, audits, and inspections.

ISMS Implementation:

- Support implementation and strengthening of Information Security Management Systems (ISMS) practices.

Compliance Risk Assessment System:

- Contribute to the implementation and ongoing management of enterprise-wide compliance risk assessment systems.

Risk Evaluation:

- Review and evaluate the adequacy of risk assessments conducted by the first line of defense.

Candidate Profile

- Graduate with 5 to 8 years of experience in IT Compliance, IT Risk, or IT Audit within BFSI.

- Strong understanding of regulatory frameworks (RBI, SEBI, NPCI, etc.).

- Hands-on experience in compliance risk assessments and regulatory audits.

- Solid knowledge of IT controls, risk frameworks, and governance practices.

- Excellent communication skills (verbal & written).

Preferred Qualifications

- Experience in Banking / Financial Services domain.

- Exposure to regulatory inspections and stakeholder interactions.

- Certifications such as CISA / CISM / CISSP will be an added advantage.