VP - Conduct Compliance Assurance - Bank

Key Accountabilities

- Design and deliver reviews that provide strong insight and value by identifying risks and issues, or examples of good practice. Clearly articulating root causes, outcomes and consequences to support corrective actions or the further embedding of robust controls and processes at a fundamental level.

- Adopt Data Analytics to use logic and analytical skills in reviews while providing assurance and identifying issues.

- Lead reviews to ensure you and your review team adhere to the Compliance Assurance methodology in the execution of reviews (throughout planning, testing, and reporting) and the monitoring and validation of issues and actions. Being fully accountable for working papers being completed timely and accurately, with clear and concise findings.

- Lead assurance activities that identify risk/control/outcome deficiencies of the upmost relevance, providing valuable insights and informed opinions. Prepare robust action plans designed to materially and sustainably mitigate the risks identified in the issue.

- Provide cultural leadership through recognising and valuing differences, e.g. through collaboration across diverse networks.

- Support staff with effective coaching and identify development areas. Provide opportunities for staff to improve and showcase their skills demonstrating collaborative team work.

- Constantly strive for, and implement, better ways of working to demonstrate increased efficiency and productivity, demonstrate forward planning, utilising less resource(s) by meeting planned timescales or bringing review in ahead of schedule with effective allocation of tasks, utilising reviewers' strengths.

- Realise efficiencies within the Standard Review lifecycle that both heightens the overall assurance product effectiveness and allows for compression of the end to end lifecycle timeline, without compromising quality of work. Ability to quickly identify resource constraints or spare capacity to manager.

- Keep up to date on business developments, regulatory change, internal policies and Compliance objectives so that Compliance Assurance work remains relevant, timely and valuable.

- Aid continual review and development of the annual review plan through assessing the conduct, reputational and regulatory risks of existing business activities and new business initiatives, or changes to internal and external factors that might impact the business in meeting conduct and regulatory expectations. Agreeing review coverage and development of clearly articulated review scope.

Stakeholder Management and Leadership

The ability to build, develop and maintain respected relationships between Compliance Assurance and Business Oversight Compliance and Key Stakeholders across Compliance and the business areas. With excellent influencing and communication skills with the ability to tailor messages to all levels of the business, messages should be clear and impactful.

Demonstrate effective Stakeholder Management and Leadership, this will include formal stakeholder engagement and management at all levels of the business, the effective influencing of business decisions and the identification and escalation of issues where appropriate. Resolving or escalating issues, blockers, bottlenecks and/or potential showstoppers that materially impact the review progress.

Decision-making and Problem Solving

A strong understanding of a Risk and Control Environment with the ability to challenge information provided to make risk based decisions based on sound judgement. With the ability to provide opinions based on the outcome of our reviews on the conduct and reputational risk being run across the firm and feel comfortable to communicate these across a wide range of stakeholders at different levels of the organisation.

Strong problem solving skills, with the ability to ask the right questions to identify problems and their root cause with the ability to manage multiple tasks in a structured and risk based manner.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards

Person Specification

The role holder will demonstrate cultural leadership skills, through recognising and valuing differences, through collaboration across diverse networks and enhance the Compliance Culture within the organisation in a manner consistent with the company purpose, values and mind-set.

- Bachelor Degree or equivalent. Other professional qualifications would be an advantage

- Relevant work experience in an global Investment Bank and managing a small team

- Excellent interpersonal skills with excellent written and oral communication skills

Essential Skills/Basic Qualifications:

- Strong understanding of India Corporate Investment Banking and Private Banking business, preferably with a global Investment bank.

- Strong investigative skills with the capability to identify key risks and areas of non-conformance with regulatory and legislative requirements and lack of controls, identify root cases, themes and trends.

- Experience of discussing contentious observations with management and recommending necessary actions.

- Track record of high performance and effective execution, ability to deliver high quality work in a timely and structured manner as part of a team.

- Effective line management to develop direct reports and support achievement of their career aspirations.

Desirable skills/Preferred Qualifications:

- Technical Compliance knowledge and the application of local regulatory or comparable rules and guidance in relation to relevant Businesses.

- Strong understanding of controls and ability to assess control effectiveness

- Prior experience in Compliance Advisory, Assurance, Front Office Controls Testing or Audit

- Working knowledge or prior experience of working with an Automated Assurance team to increase the use of data driven testing and data analytics within reviews.

- Adaptable and ability to embrace change as team evolves to stay relevant to business model changes and needs