Full Description

Job Title

Compliance Testing Lead

Reporting To

Compliance Testing Head

Grade/ Level

G6

Purpose Of The Role

A two-to-three-line statement outlining the objective or the reason for which the job exists.

Ensure that all the key regulations / notifications and process notes are covered in the checklist and the checklist is updated simultaneously along with the review.

Key Responsibilities & Kpis Of The Role

A two-to-three-line statement outlining the objective or the reason for which the job exists.

Ensure that all the key regulations / notifications and process notes are covered in the checklist and the checklist is updated simultaneously along with the review.

Responsibilities

Strategy and Planning

Assess audit universe, risk assessment methodology, and annual audit plan to ensure adequacy of review coverage aligning with bank’s risk profile. To ensure risk ratings and audit prioritization are justified and consistently applied.

Policies, Processes & Procedures

Preparation and updating of Compliance Testing framework and review checklists in line with the regulatory guidelines/internal policies

Perform QA Reviews On

Planning documents (review scope, risk & control matrix) Fieldwork (test design, sampling, evidence adequacy) Issue identification and grading Final audit report consistency and clarity

Validate that Tester follow approved methodologies and documentation standards to ensure proper documentation and working papers are maintained for all the compliance reviews conducted.

Ensure sampling is risk‑based and evidence is complete and traceable.

Suggest improvements to enhance test efficiency and recommend areas for automation to increase efficiency.

People Management

Conduct workshops on documentation standards and testing quality.

Operating Networks

Key interactions which are essential to execute the role. This will include both internal (excluding sub-ordinates) and external stakeholders.

Internal

Chief Compliance Officer and Senior Management

External

Regulators and External Auditors

Minimum Qualification Which Are Essential To Execute The Role.

Education

Essential: Post graduation – CA/MBA

Preferred

Experience

Essential: 8+ years

Preferred

Functional Competencies

Functional / Behavioral Competencies Required To Execute The Role

In depth knowledge of the regulatory environment for the banks in India particularly RBI. Good knowledge of all the elements of Risk-based auditing (RBA), Control testing approaches, Sampling techniques, Workpaper standards, etc. Good interpersonal skills. Demonstrated ability to drive results and be very effective