Kotak Bank - Compliance Manager

Job Responsibility:

- Articulate the Regulatory Compliance requirement and ensuring implementation of RBI regulations in the Bank.

- Support the Lead Compliance in providing compliance advise to the Business Groups to maintain an effective control framework and to ensure compliance with all relevant RBI regulations, internal codes and policies.

- Provide advice, guidance and support to Business Groups in relation to Branch operational activities and credit matters.

- Support the Lead Compliance in Product Governance, including new product / process approvals and conducting post implementation reviews.

- Reviewing Policies, processes and notes, and providing feedbacks and advice to ensure the bank processes are comprehensive and compliant with regulatory guidelines.

- Where called upon, to carry out testing and monitoring of regulatory risk areas to ensure compliance with RBI guidelines.

- Getting involved in implementation of new circulars issued by regulators.

- Assisting the team during the time of RBI Audit by co-ordinating and collaborating with stakeholders to provide information and details requested by RBI.

- Providing support for departmental activities such as Compliance Risk Assessment, Reporting, preparation of manuals etc.

- Review of marketing material from the perspective of regular compliance.

- Engage with regulators as and when required, to obtain clarity on the regulations and vetting of communications.

Requirements:

- Knowledge of the local regulatory landscape comprising RBI regulations. Exposure to other regulations e.g. Insurance, Mutual Funds, NPCI, Capital Markets etc. is a plus.

- Excellent communication and inter-personal skills with experience of dealing with the executives at all times.

- Applies knowledge of regulations to influence monitoring/testing review scope.

- Proficient in MS office applications (Excel, Word, PowerPoint).