Posted 09 July, 2026
VP Compliance Testing & Regulatory - Leading NBFC
Michael Page
Mumbai, MH, IN
Full Time
Reference: bfb3fc69870843b5
Job Description
- Opportunity to work with a leading NBFC \n
- Opportunity to Lead the Compliance Testing Department \n\n
- Perform end‑to‑end compliance testing reviews as per the annual Compliance Testing Plan. \n
- Develop detailed test plans, sampling criteria, and testing scripts for each review. \n
- Conduct walkthroughs of processes to understand regulatory requirements, controls, and risks. \n
- Test the design and operating effectiveness of compliance controls across business functions. \n
- Document test results, observations, evidence, and deviations in a structured manner. \n
- Draft high‑quality testing reports summarizing observations, risks, and non‑compliances. \n
- Work with business teams to obtain management responses and agreed action plans. \n
- Track implementation of corrective actions and validate closure of compliance issues. \n
- Escalate high‑risk findings to senior compliance management as needed. \n
- Evaluate business and operational processes for adherence to regulatory guidelines, internal policies, and industry standards. \n
- Support thematic reviews triggered by new regulations, emerging risks, or compliance incidents. \n
- Assist in identifying regulatory gaps and recommending remediation measures. \n
- Assist in updating the compliance risk assessment by analyzing testing results and new emerging risks. \n
- Identify weak controls, recurring issues, and potential systemic failures. \n
- Provide inputs to strengthen the compliance controls library. \n
- Maintain complete testing documentation, evidence, working papers, and trackers for audits and inspections. \n
- Support automation of testing workflows and usage of compliance tools and systems. \n
- Coordinate with operations, business, legal, audit, and risk teams to gather process knowledge and testing data. \n
- Communicate testing schedules, expectations, and evidence requirements clearly. \n
- Participate in meetings and discussions relating to compliance remediation. \n\n
- A strong academic background in finance, law, or a related field. \n
- In-depth knowledge of regulatory requirements in the Banks or NBFC's \n
- Proven expertise in compliance testing and Regulatory compliance \n
- Ability to interpret and implement regulatory changes effectively. \n
- Strong analytical skills and attention to detail. \n
- Excellent communication and stakeholder management abilities.
About Our Client
\n\nThe company is a leading NBFC with PAN India Presense.
\n\nJob Description
\n\n1. Compliance Testing & Review Execution
\n
\n 2. Reporting & Issue Management
\n 3. Regulatory & Policy Compliance
\n 4. Risk Assessment & Control Evaluation
\n 5. Data & Documentation Management
\n 6. Stakeholder Collaboration
The Successful Applicant
\n\nA successful VP - Compliance Testing & Regulatory Compliance should have:
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