Regulatory Control Lead

About The Role : 

Job TitleRegulatory Control Lead, VP

LocationBangalore, India

Role Description

We are seeking a highly experienced and strategic leader to join our FCR&C division as

Vice President – Financial Crime Risk and Control - Technology Risk Strategy & Controls. This role is critical in shaping the risk and control landscape across our technology platforms, with a strong emphasis on

Python-based automation,

audit readiness, and

strategic risk governance. The ideal candidate will bring a blend of

technical acumen,

regulatory insight, and

banking domain expertise to drive innovation and resilience in a complex, fast-paced environment.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

Your key responsibilities

Strategic Risk Leadership

- Define and lead the technology risk strategy for Financial Crime Risk and Compliance (FCR&C) division, aligning with enterprise risk appetite and regulatory expectations.
- Advise senior Leadership on emerging technology risks, regulatory developments (e.g., Basel III, EMIR, GwG, ECB), and control enhancements.
- Drive strategic initiatives to embed risk intelligence into digital transformation and innovation programs.

Technology Enablement & Automation

- Lead the development of Python-based tools and analytics to automate risk assessments, control testing, and audit support.
- Oversee the integration of advanced analytics and AI/ML into risk monitoring and reporting frameworks.
- Collaborate with engineering and data teams to ensure secure, scalable, and compliant technology solutions.

Audit, Controls & Regulatory Compliance

- Own the design and execution of IT control frameworks across trading platforms, payment systems, and client onboarding technologies.
- Partner with internal audit, DCO and compliance to ensure readiness for regulatory reviews and external audits.
- Monitor and assess control effectiveness across front-to-back banking processes, including trade lifecycle, credit risk, and operational risk.
- Review internal processes to confirm all financial crime risks have been appropriately identified and documented.
- Confirm relevant controls or risk mitigants are in place to manage all financial crime risks within internal processes.
- Perform design and/or operating effectiveness testing on controls and mitigants.
- Conduct annual assessment of controls within FCR&C to demonstrate they are operating effectively.
- Identify, analyse and review operational readiness for any change-related activities. Define the requirements e.g. for the standardisation of processes/policies, translating the required changes for an operational environment and overview effective implementation.
- Assess risks that are responsible for the mitigating and protecting the Bank's reputation.

Stakeholder Engagement & Governance

- Present testing results, risk insights, control metrics, and strategic recommendations to Leadership team
- Build strong partnerships with front office, operations, DCO, compliance, and technology teams to foster a risk-aware culture.
- Lead governance forums and working groups focused on technology risk and control transformation.

Your skills and experience

Qualifications:

- Bachelor's or Master's degree in Computer Science, Information Systems, Finance, or a related field.
- 14+ years of experience in technology risk, audit, or compliance within investment or corporate banking.
- Strong proficiency in Python and experience leading automation or analytics initiatives in a regulated environment.
- Deep understanding of banking products, trading systems, and regulatory frameworks (e.g., SOX, Basel, MiFID II, DORA).
- Proven leadership in cross-functional teams and executive-level stakeholder management.
- Experience with testing the design and operating effectiveness of controls and remediating any identified control gaps.
- Analytical skills and attention to detail, with the ability to think laterally around issues, proposing solutions where required.
- Effective communication, organisation, prioritisation and interpersonal skills
- Ability to work to high standards and under strong time constraints.

Preferred Certifications:

- Python/Data Science certifications
- MBA or executive leadership training (preferred)
- CISA, CRISC, or equivalent (desirable)