AU Small Finance Bank has announced a job opportunity for the position of Assistant Manager / Deputy Manager in Business Compliance at its Jaipur, Rajasthan, location. The position is suitable for professionals interested in banking regulations, regulatory compliance, risk management and corporate governance.
The position is full-time and requires candidates to work on-site in Jaipur. The selected professional will support the bank’s compliance framework by interpreting regulatory requirements, monitoring compliance risks and ensuring that regulatory directions are implemented across business operations.
About AU Small Finance Bank
AU Small Finance Bank is an Indian banking institution that provides financial services to individuals, businesses and other customers. As a regulated banking institution, the bank is required to comply with directions issued by the Reserve Bank of India (RBI) and other applicable regulatory authorities.
The Business Compliance function plays an important role in ensuring that the bank’s products, processes and internal operations follow applicable regulations and governance requirements.
About the Assistant Manager / Deputy Manager Position
The selected candidate will work in the Business Compliance function and assist in strengthening the bank’s regulatory compliance framework.
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The candidate will also work with different departments to ensure that compliance-related observations, internal control weaknesses and regulatory requirements are addressed within prescribed timelines.
Key Roles and Responsibilities
The Assistant Manager or Deputy Manager will provide advisory support to business and support functions on regulatory interpretation and compliance-related queries.
The selected candidate will assist in developing and implementing a compliance risk management framework covering the identification, assessment, monitoring and mitigation of compliance risks.
Another important responsibility involves reviewing new banking products, services and process changes to identify potential regulatory concerns before their introduction.
The candidate will prepare compliance advisories, instructions and proposals aimed at reducing regulatory risks and strengthening internal controls.
The position also requires monitoring regulatory guidelines, circulars and instructions and ensuring that the relevant departments implement them within the required timelines.
Regulatory Compliance and Risk Management
The selected professional will identify emerging regulatory risks and recommend suitable measures to address them.
The role includes conducting thematic compliance reviews and testing to determine whether banking operations comply with regulatory requirements, internal policies and governance standards.
The candidate will also identify products, processes and business areas that require enhanced compliance monitoring.
Where compliance breaches, regulatory gaps or internal control weaknesses are identified, the professional will report these concerns and provide relevant information to the Internal Audit function for further examination and corrective action.
RBI Compliance and Regulatory Inspections
An important part of the position involves monitoring the implementation of observations and directions issued by the Reserve Bank of India.
The candidate will track regulatory observations, Board-approved action items, directions issued by Board Committees and other regulatory commitments.
The role also includes coordinating with departments to ensure that observations arising from regulatory inspections, internal audits and compliance reviews are resolved within agreed timelines.
The selected candidate will support regulatory inspections, audits and compliance assessments conducted by internal and external stakeholders.
Drafting Compliance Policies and Reports
The position involves preparing and updating compliance manuals, standard operating procedures, internal policies and regulatory guidance documents.
The selected professional will coordinate with relevant departments to obtain necessary approvals for compliance-related policies and procedures.
The role also requires preparing periodic management information system reports, compliance dashboards and reports for senior management and governance committees.
These responsibilities require careful documentation, analytical skills and an understanding of banking compliance requirements.
Educational Qualifications and Experience
The job description does not specify a mandatory educational qualification, professional certification or minimum number of years of experience.
Candidates with relevant knowledge of banking regulations, regulatory compliance, risk management and corporate governance may find the responsibilities aligned with their professional background.
Professionals with legal or compliance experience may also consider the opportunity, although the advertisement does not expressly state that an LL.B. or LL.M. degree is required.
Applicants should review the complete job posting and any additional requirements provided during the application process.
Salary and Employment Details
The advertised position is Assistant Manager / Deputy Manager, Business Compliance, at AU Small Finance Bank.
The job is based in Jaipur, Rajasthan, and is advertised as a full-time, on-site position.
The salary package has not been disclosed in the available job description. Candidates may seek further information about compensation, experience requirements and employment conditions during the recruitment process.
How to Apply
Interested candidates can visit the official AU Small Finance Bank careers website and search for the Assistant Manager / Deputy Manager Business Compliance position.
Official Careers Website: https://www.au.bank.in/careers
Applicants should review the vacancy details, verify their eligibility and complete the application process through the recruitment platform.
The job description does not mention a specific application deadline. Candidates should check whether the position is still accepting applications before applying
