Credit cards Compliance

Kotak Mahindra Bank; Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Kotak Mahindra Bank in Mumbai, India, is hiring a Credit Cards Compliance professional with 4–10 years of compliance advisory experience in banking. The role focuses on cards, payments, digital banking and regulatory adherence, reporting to the Compliance function in Mumbai.

The ideal candidate holds CA/MBA/LLB or equivalent and has at least 5 years in second line of defence compliance. The position is full-time and based in Mumbai, with responsibilities spanning advisory, policy drafting, risk

Qualifications

• 4–10 years of experience in compliance advisory within banking or financial services, including credit card compliance.
• Strong understanding of RBI guidelines and digital banking frameworks.

Responsibilities

• Provide compliance advisory for liabilities, payments (credit cards, UPI, AePS, PAs, PGs), digital banking and government agency businesses.
• Interpret circulars and regulatory updates to assess impact on products and policies.
• Draft, review and update compliance policies, SOPs and internal guidelines.
• Conduct compliance risk assessments, identify gaps and advise on mitigation.
• Support regulatory inspections, audits and supervisory observations with internal teams.

Skills

Compliance advisory

Education

Chartered Accountant

Job description

Credit cards Compliance

K

Organising Institution / Firm

Rolling Basis (Official)

Not Specified

Chartered Accountant / MBA / LLB or equivalent professional qualification. 4-10 years of experience in compliance advisory within banking or financial services including coverage of credit card compliance. At least 5 years of work experience in second line of defence Compliance function of a Bank. Strong understanding of banking regulations, payment systems including credit cards, and digital banking frameworks. Strong knowledge of RBI guidelines and other regulations.

Job

Contextual Overview

Kotak Mahindra Bank is hiring for a Credit cards Compliance position based in Mumbai, Maharashtra, India. The role provides compliance advisory support across key business segments, focusing on credit cards, payment systems, digital banking, and regulatory adherence.

Key Eligibility Criteria

• Professional qualification such as Chartered Accountant, MBA, LLB, or equivalent.
• 4 to 10 years of experience in compliance advisory within banking or financial services, including credit card compliance.
• Minimum 5 years of work experience in the second line of defence Compliance function of a Bank.
• Strong understanding of banking regulations, payment systems, digital banking frameworks, and RBI guidelines.

Responsibilities & Scope of Work

• Provide compliance advisory support for liabilities, payments (credit cards, UPI, AePS, PAs, PGs), digital banking, and government agency businesses.
• Interpret circulars, notifications, and regulatory updates to assess their impact on products and policies.
• Assist in drafting, reviewing, and updating compliance policies, SOPs, and internal guidelines.
• Conduct compliance risk assessments, identify gaps, and advise on mitigation strategies.
• Support regulatory inspections, audits, and supervisory observations while coordinating with internal audit, risk, and legal teams.

Stipend, Compensation & Mode

Stipend: Not Specified
Employment Type: Full-time (Mid-Senior level)
Location: Mumbai, Maharashtra, India