Laws, Rules & Regulations Oversight Compliance

Job Description

Purpose of the role

To define the approach for managing Laws, Rules and Regulations (LRR) Risk across the organisation and provide data-led expert oversight and check and challenge on LRR Risk Management, to support adherence with applicable Laws, Rules and Regulations.

Accountabilities

• Definition and maintenance of the framework for managing LRR Risk, including the LRR Risk Management Policy and Standard.
• Collaboration with teams across the organisation to facilitate a comprehensive approach to LRR Risk management.
• Provision of SME guidance on the end-to-end process for managing LRR Risk, including responding to colleague queries.
• Collaboration with stakeholders to assess the level of LRR Risk in the organisation and ensure appropriate steps are in place to identify and support the remediation of potential LRR non-adherence.
• Provision of oversight, checking and challenging on the implementation of LRR Risk Management Control Requirements and Controls, through reviews of relevant team processes, activities, reporting and systems.
• Review and investigation of LRR Risk related escalations, risk events and issues, providing corrective actions and preventative measures to avoid future occurrences.
• Operation of key Compliance processes to support the implementation of LRR Risk Management.

Join us as the Laws, Rules and Regulations Risk Oversight Operations, where you will spearhead the evolution of our digital landscape, driving innovation and excellence. You will harness cutting-edge technology to revolutionize our digital offerings, ensuring unparalleled customer experiences. You will play a key role in supporting the delivery of core LRO activities, working closely with colleagues across the LRO Office and wider LRO Pillars to execute key endtoend oversight processes.

In this role, you will be responsible for delivering testing on core aspects of the LRR Risk Management framework. This includes supporting the operation of the LRO Verification Checks framework, conducting and reporting on testing activities, and contributing to the consistency and quality of LRO outputs. You will support LRR Risk Management forums including the preparation, production and validation of management information and materials for senior management reporting, ensuring outputs are accurate, timely and risk focused. The role requires close collaboration across the LRO team to support the effective execution of end to end processes and helping to ensure clear ownership, effective escalation and alignment to the LRR Risk Management framework. As part of the LRO Office, you will also contribute to continuous improvement initiatives, including the use of digital tools and automation, to improve efficiency, transparency and the effectiveness of LRO oversight activities.

You may be assessed on the key critical skills relevant for success in role, such as experience with risk management as well as job-specific skill-sets.

To be successful as the Laws, Rules and Regulations Risk Oversight Operations-AVP, you should have experience with:

Basic/ Essential Qualifications:

• Experience analysing data and producing MI with clear, actionable risk management insights which can support effective decisionmaking
• Strong written and verbal communication skills.
• A good understanding of the LRR Risk Management framework and wider risk and control frameworks.

Desirable skillsets/ good to have:

• Comfortable using technology and digital tools, including AI.
• Able to manage and deliver on multiple priorities, in parallel.

The location is based out of Pune.