Manager, Compliance Testing

Key Responsibilities:

• Execute risk-based onsite and offsite compliance testing engagements in line with the approved testing plan and methodology.
  

• Perform technical compliance testing and effectiveness assessments across business units, branches, and functional areas.
  

• Apply approved sampling techniques (systematic, stratified, random, judgmental) and ensure proper documentation of testing procedures and working papers.
  

• Conduct data analysis and validation for offsite testing, ensuring completeness, accuracy, and reliability of data used.
  

• Apply the standardized scoring model and five-tier rating scale to assess compliance performance and control effectiveness.
  

• Prepare clear, concise testing reports detailing findings, root causes, risk ratings, and actionable recommendations aligned to ERMF reporting standards.
  

• Ensure adherence to Service Level Agreements (SLAs) for testing, reporting, and remediation timelines.
  

• Track, update, and maintain issues logs and remediation trackers, ensuring timely closure of identified gaps.
  

• Perform validation and re-testing of remedial actions to confirm effectiveness and sustainability of controls.
  

• Escalate high-risk findings, regulatory breaches, and overdue actions in line with the escalation matrix and governance framework.
  

• Support thematic reviews, deep-dive assessments, and regulatory inspection preparedness (e.g., CBK reviews).
  

• Maintain accurate documentation of testing procedures, results, and evidence for audit trail and regulatory defensibility.
  

• Collaborate with Business Units, BCMs, and Risk Framework Owners to ensure alignment of controls and Principal Risk Types (PRTs) mapping.
  

Education and Qualifications

• Bachelor’s degree plus relevant professional qualifications such as CAMS, ICA.
  

• Minimum 4–6 years’ experience in Compliance, Risk, Internal Audit, or Assurance
  

• At least 2–4 years in compliance testing or control assurance roles
  

• Proven experience in Risk-based testing execution, Control effectiveness reviews, Data-driven compliance analysis, Issue tracking and remediation validation
  

Key Skills and Competencies:

• Strong understanding of risk-based compliance testing frameworks and ERMF
  

• Knowledge of AML/CFT, conduct risk, and regulatory requirements
  

• Expertise in control testing, sampling methodologies, and data analysis
  

• Proficiency in compliance scoring models and reporting tools
  

• Strong analytical, documentation, and report writing skills
  

• High level of integrity, independence, and objectivity
  

• Effective stakeholder engagement and communication skills
  

• Ability to drive timely remediation and accountability