Risk & Compliance Lead

7 - 9 Years 1 Opening Hyderabad

Role description

We are seeking an experienced Risk & Compliance Lead to oversee risk management, regulatory compliance, governance, and audit functions within the Banking, Financial Services, and Insurance (BFSI) domain. The ideal candidate will ensure adherence to industry regulations, internal risk frameworks, and compliance policies while mitigating operational, financial, and cybersecurity risks.

Key Responsibilities:

• Risk Management & Governance:
• Develop, implement, and maintain a comprehensive risk management framework aligned with BFSI regulatory requirements.
• Conduct risk assessments, gap analyses, and control evaluations to identify and mitigate potential threats.
• Oversee business continuity planning (BCP) and disaster recovery (DR) strategies to minimize operational risks.
• Regulatory Compliance & Audits:
• Ensure compliance with global and regional financial regulations such as Basel III, GDPR, PCI-DSS, SOX, ISO 27001, and local banking laws.
• Develop and enforce compliance policies, internal controls, and governance mechanisms.
• Lead internal and external audits, regulatory inspections, and ensure timely remediation of audit findings.
• Monitor and analyze regulatory changes, ensuring proactive compliance with evolving industry standards.
• Cybersecurity & Fraud Prevention:
• Collaborate with IT, cybersecurity, legal, and operations teams to manage risks related to data privacy, fraud, cybersecurity, and financial crime.
• Ensure adherence to cybersecurity compliance frameworks and anti-money laundering (AML) standards.
• Training & Reporting:
• Conduct compliance training programs for employees to promote awareness of risk policies and ethical practices.
• Generate risk reports, dashboards, and compliance documentation for senior management and regulators.

Required Skills & Qualifications:

Experience:

• 8+ years in risk management, compliance, governance, or audit roles within the BFSI sector.
• Strong expertise in operational risk, cybersecurity compliance, data privacy, anti-money laundering (AML), and fraud prevention.
• Hands-on experience with risk management tools, GRC (Governance, Risk, and Compliance) platforms, and regulatory reporting.

Regulatory Knowledge:

• In-depth knowledge of financial regulations, compliance frameworks, and risk assessment methodologies.
• Proficiency in conducting audits, managing regulatory engagements, and implementing internal controls.

Technical & Soft Skills:

• Excellent analytical, problem-solving, and stakeholder management skills.
• Strong communication and leadership abilities to work with cross-functional teams, regulators, and senior executives.

Preferred Qualifications:

• Certifications such as CISA, CRISC, CISM, CISSP, CAMS, or PRM/FRM.
• Experience with digital banking, fintech regulations, and cloud security compliance.
• Familiarity with AI/ML-driven risk analytics, fraud detection, and regulatory technology (RegTech) solutions.

Skills

Sox Compliance,GDPR,Bcp

About UST

UST is a global digital transformation solutions provider. For more than 20 years, UST has worked side by side with the world’s best companies to make a real impact through transformation. Powered by technology, inspired by people and led by purpose, UST partners with their clients from design to operation. With deep domain expertise and a future-proof philosophy, UST embeds innovation and agility into their clients’ organizations. With over 30,000 employees in 30 countries, UST builds for boundless impact—touching billions of lives in the process.