Opening for Compliance Engineer in Bank for Malad location

Job Description:

Role: Compliance Manager

Location: Malad

Industry: BFSI

Years of Experience: 5 Yrs

Qualification:

Essential: Bachelor’s Degree in Computer Science/ IT / Information Security / Commerce
Desirable: Post Graduate Diploma in IT Governance, ISO 27001Internal Auditor, CISA, CISM, CRISC, COBIT/ITIL Certification

Looking for candidates:

• With proven experience as a IT Compliance / Information Security Governance / IT Risk similar role of
• minimum 5 years in the BFSI sector.
• With Exposure to RBI Cyber Security Framework and regulatory audits
• To ensure the Bank’s technology environment remains aligned with RBI guidelines, cybersecurity
• frameworks, audit requirements, and internal governance standards who are detail-oriented and
• regulatory-focused Compliance Engineer.
• To focus on regulatory compliance monitoring, audit coordination, policy implementation, risk tracking,
• and documentation management across IT, cybersecurity, infrastructure, and digital banking systems.

Key Responsibilities:
1. Regulatory Compliance Management
- Ensure compliance with RBI Cyber Security Framework, BCP/DR guidelines, IT governance circulars.
- Track and monitor compliance obligations and regulatory advisories.
- Maintain compliance tracker with defined owners and closure timelines.
- Assist in regulatory submissions and inspection responses.

2. Audit Coordination & Closure
- Coordinate internal IT audits, IS audits, RBI inspections, and external audits.
- Maintain structured evidence repository.
- Track and ensure timely closure of audit observations.
- Prepare management responses and corrective action plans.

3. Policy & Governance Support
- Assist in development, review, and update of IT & Cybersecurity policies.
- Ensure policies are aligned with ISO 27001 and RBI requirements.
- Conduct periodic policy compliance checks.
- Maintain risk register and control documentation.
4. Risk & Control Monitoring
- Identify IT and cybersecurity risks.
- Perform gap assessments and control validation.
- Monitor SLA adherence for compliance-related activities.
- Support vendor risk assessment from compliance perspective.
5. Documentation & Reporting
- Prepare compliance dashboards and reports
- Maintain audit trail and evidence documentation.
- Track DR drill compliance and reporting.
- Maintain regulatory calendar.

Key Technical & Functional Skills Required :

• Knowledge of RBI Cyber Security Framework
• Understanding of ISO 27001 controls
• ITGC (IT General Controls) understanding
• Risk assessment & control mapping
• Audit documentation & evidence management
• Familiarity with IT infrastructure & cybersecurity tools (basic understanding)
• Strong Excel & reporting skills

General Competencies:

• Strong documentation & governance mindset
• High attention to detail
• Strong communication skills
• Ability to work under regulatory timelines
• Analytical and structured thinking
• Stakeholder coordination capability
• Audit observation closure rate
• Regulatory compliance adherence
• Policy update cycle adherence
• Risk register maintenance accuracy
• Timely regulatory response submission
• Reduction in repeat audit findings
• Domain Knowledge (Good to have)
• Digital Banking controls
• Payment systems compliance (UPI/NEFT/RTGS)
• DR/BCP regulatory requirements