Senior Manager - Assurance

Senior Manager - Assurance

About Us

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
2. Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
3. Dynamic, Inclusive and Diverse team culture 
4. Gender Neutral Policy
5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
6. Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose 

The role entails testing compliance to applicable laws and regulations that govern the business and providing an assurance to the management on the same. The profile will be responsible for auditing/testing the functions on adherence to regulatory requirements and the controls thereof.

Role Accountability 

1. Formulate and execute a compliance assurance plan that includes regulatory risks and ensure compliance to applicable laws, regulations and policies
2. Create an assurance framework and implement appropriate procedures that provide assurance to senior management
3. Perform risk-based assurance testing for multiple functions within organization, focusing on regulatory & statutory compliance, internal compliances and business process review to highlight non-compliance and process gaps/deficiencies
4. Carry out monthly assurance of organization level compliance programs 
5. Correlate business risks and priorities with Compliance assurance plan to enhance effectiveness of the program 
6. Highlight and discuss the issues/observations with concerned functional stakeholders to agree on appropriate action plans, ensuring they understand the issues and their ownership of Compliance
7. Prepare assurance reports and share with concerned SMTs in a timely manner
8. Follow up and ensure closure of issues/observations identified with review of correction action taken by business/function 
9. Collaborate with key stakeholders including senior management, function stakeholders for simplification and process improvements
10. Proactively identify potential non-compliance and control gaps and suggest ways for process improvement 
11. Present the review results, the rationale for findings, risks posed and action required to address the risks to senior management and committees
12. Provide input to the risk assessment of business units/functions for inclusion in their first line monitoring program
13. Interpret internal policies, procedures and applicable laws and regulations that impact the business unit/function and implement changes if required
14. Scan the market to identify industry best practices in assurance and analyze feasibility of adoption within SBI Card

Measures of Success 

1. Completion of assurance testing as per the plan
2. Timely Closure of issues identified & agreed during testing
3. Process adherence as per MOU

Technical Skills / Experience / Certifications

Understanding of Regulatory & Statutory compliances applicable to business

Competencies critical to the role

1. Analytical Ability
2. Detail Orientation 
3. Problem Solving Skills
4. Process Orientation

Qualification 

CA/CIA/ MBA

Preferred Industry

FSI

Experience Level

Senior Level