Lead - Risk/Audit & Regulatory Compliance

About the Role:

We are looking for an experienced Risk, Audit & Regulatory Compliance professional with hands-on experience in an RBI-regulated banking institution in India.

The role will be responsible for managing regulatory and audit requirements end-to-end - from understanding observations and defining corrective actions to coordinating remediation, validating evidence and driving successful closure.

The position will work closely with Risk, Compliance, Audit, Technology, Data/EDW, Information Security, Business and Operations teams. Exposure to Data Governance, Data Quality, EDW/Data Platforms and PMO/Change Governance will be an advantage.

Key Responsibilities:

• Coordinate RBI/regulatory reviews, internal/external audits, risk/compliance audits and technology audits.
• Understand regulatory requirements and audit observations and translate them into clear actions, owners and timelines.
• Drive audit observations through remediation, evidence validation and final closure.
• Prepare, review and validate audit evidence, responses, supporting documents and regulatory submissions.
• Track applicable RBI circulars, guidelines and regulatory changes and coordinate impact assessment and implementation.
• Identify overdue actions, control gaps, repeat observations and key risks and escalate them appropriately.
• Coordinate across Risk, Compliance, Audit, Technology, Data/EDW, Information Security and Business teams.
• Maintain regulatory, audit and remediation trackers and provide periodic MIS/status reporting to management.
• Support change governance, including Change Requests (CRs), approvals, dependencies, risks and action tracking.
• Support governance meetings and executive reporting on audit status, regulatory changes, ageing, risks and closure.

Required Skills & Experience:

• 8-10+ years of experience in Banking Risk, Audit, Regulatory Compliance, Technology Risk or related areas.
• Mandatory experience working with an RBI-regulated bank in India.
• Hands-on exposure to RBI audits, regulatory inspections/reviews and regulatory compliance requirements.
• Strong experience managing audit observations, corrective actions, remediation and closure.
• Good understanding of RBI circulars, guidelines and regulatory change requirements.
• Experience preparing, reviewing and validating audit evidence/artifacts and responses.
• Strong stakeholder management skills with the ability to coordinate across Audit, Risk, Compliance, Technology, Data and Business teams.
• Ability to independently manage multiple audits, regulatory requirements and remediation initiatives.

Preferred / Added Advantage:

• Exposure to any of the following would be preferred:

• 1. Enterprise Data Warehouse (EDW) / Data Platforms
• 2. Data Governance & Data Quality
• 3. Data Controls, Reconciliation, Lineage & Traceability
• 4. Technology Risk / IT Audit
• 5. Information Security / Cybersecurity Audits
• 6. Regulatory Change Management
• 7. PMO / Project or Program Governance
• 8. Change Request / Change Ticket Management
• 9. RAID & Dependency Management
• 10. Jira or similar workflow tools
• 11. Business Continuity / Disaster Recovery
• 12. Third-Party / Vendor Risk

Ideal Candidate:

We are looking for a hands-on banking risk, audit and regulatory professional, rather than someone with only audit coordination or PMO experience.

The ideal candidate should understand regulatory and audit expectations, be able to assess the adequacy of remediation and supporting evidence, and independently drive observations through to closure.

Experience working with Data/EDW, Technology or Data Governance teams, along with PMO/change governance exposure, would be a strong advantage.