IT Compliance testing

Role & responsibilities

• Testing the controls from regulatory guidelines / circulars / advisories on IT and Cyber Security issued by RBI, SEBI, NSDL, NPCI, UADAI by identifying the observations based on control implementation & its effectiveness.
• Follow up with stakeholder to ensure timely testing of regulatory guidelines, legacy Circulars, Advisories, Show cause notice / Penalties / Displeasure.
• Prepare Annual testing plan based on Compliance risk and senior management directions
• Support IT & Info Sec team during the onsite IT Examination
• Review conducted by RBI.
• Conduct Compliance Testing / Review of RAR, RMP & other regulatory observations related to IT, InfoSec & Digital Banking units to ensure that regulatory guidelines are complied with
• Coordinate with stakeholder for seeking responses in respectof testing observations, submission of periodic update to ACB, Board and RBI & Follow up for closure of open issues &observations.
• Review of new product and process notes
• Assist in preparation of monthly / quarterly / annual
• submission to the Board / Audit & Compliance Committee.
• Automation of testing related to regulations
• Compliance Monitoring & Testing
• Regulatory inspection & audit management

Skills Required

Cyber Security, Compliance, Risk Management, RAR