IT Compliance Manager

Key responsibilities include:

• Regulatory Compliance Management for IT Stay updated and ensure compliance with RBI Master Directions, CSITE Guidelines, SEBI directives, etc.
• Liaison with Regulatory Bodies Serve as the primary contact for routine interactions with regulatory bodies (RBI, SEBI, NPCI) for IT compliance and related matters.
• IT Policy and Framework Implementation Assist in the development and periodic review of IT compliance frameworks, policies, and SOPs in alignment with RBI and SEBI mandates.
• Risk Management and Assessment Conduct IT compliance risk assessments; identify and mitigate vulnerabilities in the Banks IT landscape.
• Audits and Inspections – Coordinate, oversee, and prepare documentation and responses for regulatory inspections and audits.
• Reporting and Documentation – Prepare periodic compliance reports for senior management and regulatory bodies. Maintain accurate records and documentation related to IT compliance, audits, and inspections.
• Information Security Management System (ISMS) – Support the implementation of robust ISMS practices across the bank.
• Compliance Risk Assessment System – Be a part of the implementation and ongoing maintenance of the Bank-wide Compliance Risk Assessment system.
• Evaluation of Risk Assessments – Evaluate the adequacy and comprehensiveness of risk assessments performed by the first line of defense.

Job Requirements

The candidate should possess the following attributes:

• Graduate with 5–8 years of work experience in banking IT compliance teams or IT assurance roles (e.g., audits).
• Knowledge of compliance risk and its assessment.
• Good understanding of key regulatory requirements like RBI & SEBI directives and mandates.
• Hands-on experience with compliance risk assessments and regulatory audits.
• Good Communication proficiency – Verbal and Written.
• Certifications like CISA, CISM, or CISSP would be an added advantage.

Preferred Qualifications:

• Experience working in the BFSI Sector
• Experience with regulatory interactions and front-ending inspections.