Regulatory & Client Classifications, AVP

Overview

The AVP, Regulatory & Client Classifications sits within Regulatory & Cross Product Ops (RCP) and ensures accurate implementation of regulatory requirements for client classification and onboarding, working with Compliance, Legal and the Client Lifecycle Management (CLM) onboarding teams.

What you'll do

• Develop and maintain comprehensive knowledge of key US regulatory frameworks, including CFTC Dodd-Frank, SEC Swap-Based Securities Dodd-Frank, Volcker Rule, Regulation W, FINRA 2111, FINRA 4210, Regulation D/QIBs, Foreign Bank Certificates, 15a6, and Regulation O, ensuring accurate interpretation and application in operational processes.
• Build a strong understanding of EMEA regulatory requirements such as EMIR, MiFID, and GBSA, and ensure consistent adherence across client classification activities.
• Partner closely with Compliance and Legal teams to manage exception cases and escalations through to timely resolution.
• Conduct quality assurance reviews of Run-the-Bank (RTB) activities to validate correct implementation of regulatory requirements and identify potential gaps.
• Manage daily control reporting processes, including coordinating with offshore teams to investigate exceptions, perform root cause analysis, define remediation actions, and track resolution with relevant stakeholders.
• Serve as a key point of contact for internal stakeholders, including Front Office, KYC, and Operations teams, providing support on client classification queries and regulatory requirements.
• Offer clear, practical guidance on regulatory interpretations, documentation standards, and classification requirements to ensure accurate and consistent implementation.
• Create, maintain, and update Key Operating Procedures (KOPs), incorporating new and evolving regulatory requirements.
• Collaborate with Client Onboarding (COB) teams to identify and resolve exceptions efficiently and ensure smooth onboarding processes.
• Deliver training and knowledge-sharing sessions to COB teams on new regulatory developments and process changes.
• Proactively identify and escalate potential risks or control gaps to management, supporting effective risk mitigation and governance.

What you'll need

• 10–12 years of relevant experience in regulatory compliance, client classification, KYC/onboarding, or similar functions within an investment bank, financial institution, or large corporate environment, with strong exposure to financial regulations.
• Strong understanding of key regulatory frameworks, including MiFID II, EMIR, Dodd-Frank, and SEC regulations, with a particular focus on client classification requirements and their practical application.
• Demonstrated experience or exposure to EMEA and US regulatory requirements within an operational, control, or regulatory function in a banking environment or equivalent setting.
• Strong analytical and problem-solving skills, with the ability to identify issues, perform root cause analysis, and develop effective solutions, supported by sound resource planning capabilities.
• Proven ability to operate effectively in unstructured environments, with strong prioritization skills and the ability to manage tasks proactively without continuous supervision.
• Ability to work in a fast-paced, highly regulated environment while maintaining strong attention to detail.
• Highly motivated self-starter with the ability to take initiative and drive outcomes independently.
• Ability to apply critical and analytical thinking beyond standard scenarios, navigating ambiguity and interpreting regulatory requirements using Key Operating Procedures and regulatory documentation.
• Knowledge of MS suite of products, including basic Excel functions such as pivot tables and VLOOKUPs; competent business user of MS products and Outlook.
• Internet access to enable online searches.

Nice to have

• Knowledge of Client Onboarding processes and regulatory requirements.
• Good understanding of financial institutions, including investment banking operations and the end-to-end trade lifecycle.
• Knowledge of Markit ISDA Amend.
• Knowledge of Reference Data Systems and Regulations, along with product and end-to-end system knowledge.
• Proven ability to leverage AI tools to enhance productivity and optimise workflows, applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Details

• Location: Bangalore, India.