AVP – Compliance Advisory – Vskills Job Board

AVP – Compliance Advisory

Job Role: AVP – Compliance Advisory

Key Responsibilities:

Regulatory Advisory

Provide compliance advisory support to the following:
Liabilities Business – including Branch Banking and related products.
Payments Business – covering UPI, AePS, Payment Aggregators (PA), Payment Gateways (PG), acquiring solutions, and other payment channels.
Third-Party Distribution – Mutual Funds, Insurance products, and other investment offerings.
Digital Banking – advisory on digital platforms, products, and services
Interpret circulars, notifications, and regulatory updates and assess their impact on existing products, processes, and policies.
Current account led products including Govt Agency business
Reviewing Digital Banking Related Products, Policies and Processes. It involves giving feedback and advice to ensure the bank processes are comprehensive and compliant with regulatory guidelines
Act as a point of contact for compliance-related queries from internal stakeholders.

Policy & Framework Management

Assist in drafting, reviewing, and updating compliance policies, SOPs, and internal guidelines in line with regulatory changes.
Support implementation of compliance frameworks, monitoring mechanisms, and control assessments.
Ensure policies are communicated effectively across departments.

Risk Assessment & Monitoring

Regulatory Liaison & Reporting

Support responses to regulatory inspections, audits, and supervisory observations.
Assist in preparation and submission of regulatory reports and disclosures.
Coordinate with internal audit, risk, and legal teams as required.

Qualifications & Experience

Chartered Accountant / MBA / LLB or equivalent professional qualification.
8 –10 years of experience in compliance advisory within banking or financial services.
At least, 5 years of work experience in second line of defence Compliance function of a Bank
Strong understanding of banking regulations, payment systems, and digital banking frameworks.
Strong knowledge of RBI guidelines and other regulations.
Ability to engage with senior stakeholders and provide practical compliance solutions.