Senior Consultant

Job Title:-Senior Consultant / Consultant – Compliance Testing (Contractual Role)

Role Objective:

We are looking to engage experienced retired banking professionals to support the Compliance Testing Unit. The role involves conducting end-to-end compliance reviews and performing sustenance testing of previously identified observations (such as RAR/RMP). The primary focus is to ensure adherence to regulatory circulars internal policies and control frameworks across various banking products and processes.

Key Responsibilities:

• Follow the Compliance Testing Framework methodology and independence standards.

• Conduct compliance testing across multiple business areas including:
  Loans & Advances Trade Finance Treasury Market & Liquidity Risk Retail Liabilities and Cards & Payments.

• Develop and execute detailed test plans sampling strategies and maintain proper working papers with clear audit trails.

• Evaluate control design and test operating effectiveness to identify gaps and non-compliance.

• Perform sustenance testing of previously identified issues to ensure long-term resolution.

• Validate closure actions and check the effectiveness of implemented fixes through re-testing.

• Prepare clear and well-structured documentation including working papers issue logs root cause analysis and recommendations.

• Coordinate with Business Risk Compliance Audit and IT teams to gather data understand processes and align on action timelines.

• Prepare and deliver detailed compliance reports with actionable insights.

• Support continuous improvement in compliance testing through the use of automation analytics and best practices.

• Share knowledge and best practices with the wider compliance testing team.

Required Qualifications & Experience:

Education:
Graduate or Postgraduate in Finance Banking or a related field.

Experience:

• Retired professionals from Scheduled Commercial Banks.

• Minimum 15 years of experience in Banking Operations Risk & Compliance or Internal Audit.

• Experience in one or more of the following areas:
  Credit (Retail/Corporate) Trade Finance Treasury & Market Risk Liquidity/ALM Cards & Payments or Retail Liabilities.

• Strong knowledge of RBI regulations circulars and supervisory expectations.

Key Skills & Competencies:

• Strong analytical and problem-solving skills

• Good understanding of control testing and sampling methods

• Ability to create clear evidence-based documentation

• Proficiency in MS Excel and MS Word

• Strong communication skills (written and verbal)

• High level of integrity and ability to work independently

Reporting Line:

Senior Vice President – Compliance Testing Unit

Employment Type:

Contractual Role

Compensation & Terms:

• Salary will be paid directly by Axis Bank (no third-party involvement)

• 10% TDS will be deducted from monthly payments

• Hybrid working model

• Eligible for bank holidays only

• No paid sick leave or additional leave benefits

Required Skills:

Tds Clo Rails Performance Testing Cro Domain Expertise Ms Excel Verbal Communication Skill Senior Vice President Data Analytics Vat Education Verbal Communication Skills Attention To Detail Ms Word Analytical And Problem-solving Skill Insight Vice President Compliance Treasury Test Plans Problem-solving Skill Banking President Problem-solving Internal Audit Methodologies Excel Communication Skill Written And Verbal Communication Retail Documentation Communication Skills Strong Understanding Strong Analytical Work Independently