Senior Vice President - Risk Management & Compliance - Retail Banking

Here is a detailed, professional job description tailored to your requirements for a Banking Risk and Compliance professional.

This layout balances technical lending expertise with senior governance capabilities.

Job Description:

Role Overview:

- We are seeking an astute and leadership-driven banking professional to join our Risk Management & Compliance department.

- In this critical role, you will be responsible for defining, driving, and safeguarding the bank's governance frameworks across both retail and corporate lending ecosystems.

- You will act as a strategic advisor on regulatory matters, ensuring that the banks credit risk frameworks, underwriting standards, and operational processes align seamlessly with shifting statutory mandates.

- This role demands a high-caliber professional who can masterfully balance regulatory implementation, rigorous audit governance, and high-impact stakeholder management.

Key Responsibilities:

Compliance Advisory & Regulatory Implementation:

- Act as a core advisor to business units on regulatory compliance matters impacting retail, corporate, and commercial lending portfolios.

- Lead the end-to-end regulatory implementation of updates from central banks and regulatory bodies, translating complex guidelines into actionable internal policies and banking workflows.

- Review, refine, and continuously update institutional lending guidelines and underwriting policies to mitigate operational and structural risks.

Credit Risk & Governance Frameworks:

- Oversee and enhance the bank's credit risk management and underwriting governance structures, ensuring proper risk-reward alignment across retail and corporate business lines.

- Design, implement, and maintain comprehensive risk-monitoring and compliance scorecards for banking operations.

- Drive a robust culture of risk awareness and absolute compliance across front-line, operations, and credit-underwriting teams.

Audit Management & Stakeholder Collaboration:

- Orchestrate and manage internal, external, and statutory audits relating to credit compliance and lending operations.

- Formulate robust corrective action plans (CAPA) to address audit observations, ensuring sustainable, institutionalized remediation.

- Manage complex relationships with internal and external partners, including senior executives, legal teams, auditors, and regulatory authorities through exceptional stakeholder management.

Required Candidate Profile:

Experience & Background:

- Industry Experience: Proven track record in a scheduled commercial bank or leading financial institution.

- Core Domains: Solid grounding in retail/corporate lending, credit risk, underwriting procedures, and core banking operations.

- Functional Depth: Demonstrable experience in managing compliance advisory workflows, regulatory audits, and structural governance changes.

Key Skills & Competencies:

Technical & Functional Skills:

- Deep knowledge of Regulatory Compliance guidelines.

- Strong understanding of Credit Risk & Underwriting mechanisms.

- End-to-end Audit Management expertise.

- Solid grasp of core Banking Operations frameworks.

Leadership & Professional Attributes:

- High-impact Stakeholder Management.

- Exceptional Analytical & Problem-Solving capability.

- Decisive leadership and Project Coordination skills.

- Strong Industry Networking expertise.

- Ability to multitask under tight regulatory timelines