Credit Compliance

Kotak Mahindra Bank; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Kotak Mahindra Bank is seeking a compliance-focused professional in Mumbai to review credit proposals for regulatory consistency and to advise on credit-related policies from a compliance perspective.

The role involves supporting the credit function, monitoring regulatory returns, and coordinating with RBI during audits. Strong communication, team orientation, and MS Office proficiency are essential.

Qualifications

• CA or MBA with prior relevant experience.
• Strong knowledge of RBI regulations and updates.
• Excellent written and verbal communication.
• Ability to work under pressure and meet deadlines.
• Team player with stakeholder coordination.
• Proficient in MS Office.

Responsibilities

• Review select credit proposals entering Credit Committee, flag regulatory inconsistencies.
• Review credit policies and notes, provide feedback to ensure compliance.
• Advise on all credit and lending matters from a compliance perspective.
• Guide Credit monitoring on CRILC, LDS, Regulatory Returns, including EWS.
• Support Fraud Monitoring Group with RFA and fraud reporting.
• Test and monitor regulatory risk areas to ensure RBI compliance.
• Assist in implementing new RBI circulars bank-wide on credit matters.
• Coordinate with RBI during audits and provide required information.
• Address RBI inspection findings and perform root-cause analysis of violations.
• Engage regulators when clarity on regulations is needed.

Skills

Verbal communication

Written communication

Detail oriented

Problem solving

Interpersonal skills

Ability to work under pressure

MS Office

Education

CA

MBA

Tools

MS Office

Job description

The key responsibilities would include the following:

• Reviewing select credit proposals which goes into Credit Committee (Level E2) and bringing out any regulatory inconsistencies.
• Reviewing credit related Policies, processes and notes. It involves giving feedbacks and advice to ensure the bank processes are comprehensive and compliant with regulatory guidelines.
• Supporting business/credit function of the bank by giving advisory on all credit and lending related matters from Compliance Perspective.
• Advising Credit monitoring team on various matters including CRILC reporting, LDS, Regulatory Returns etc.. including EWS parameters
• Advising Fraud Monitoring Group including RFA and Fraud Reporting
• Carrying out testing and monitoring of regulatory risk areas of credit to ensure compliance with RBI guidelines.
• Getting involved in implementation of new circular at Bank level on all credit and lending related matters.
• Assisting the team during the time of RBI Audit by co-ordinating and collaborating with stakeholders to provide information and details requested by RBI.
• Resolving the points raised by RBI in inspection reports including conducting root cause analysis for regulatory violations.
• Engage with regulators as and when required, to obtain clarity on the regulations.

Job Requirements:

• CA/MBA with prior relevant experience.
• Should be well versed with recent developments as regards RBI regulations.
• Should have good verbal and written communication skills with an eye for detail.
• Ability to perform under pressure within the given time lines. Should possess good communication / interpersonal / problem solving skills and has to be a quick learner.
• Diligent, hard-working & a team player, with ability to drive outcomes when working with other stakeholders.
• Proficient in working on MS Office tools.