Custody Operations - Foreign client onboarding (FDI & FPI On-boarding)

Kotak Mahindra Bank; Goregaon; On-site; INR 1,800,000 - 2,800,000; Full time

Benefits offered by this job

Growth opportunities

Regulatory exposure

Job summary

Kotak Mahindra Bank in Goregaon, Mumbai, is seeking an experienced Manager/Sr Manager/AVP for FDI and FPI Client Onboarding. You will join the Custody/DDP desk and handle onboarding documentation, regulatory compliance, and client interactions end-to-end.

The role requires strong KYC knowledge, SEBI/RBI guidelines, and proven ability to coordinate with clients and internal teams to ensure timely account opening and regulatory alignment.

Qualifications

• Post graduate qualification in commerce/banking or MBA/CA background.
• Experience with KYC/Onboarding for FPIs/FDIs is preferred.
• Strong knowledge of SEBI/RBI KYC guidelines and custody operations.
• Ability to liaise with regulators and internal teams.

Responsibilities

• Preparation of documentation for FPI and FDI clients.
• Processing onboarding documents for FPIs & FDI.
• Explaining regulatory requirements to prospective clients.
• Processing modification requests for existing FPI & FDI accounts.
• Reviewing client structures for regulatory compliance.
• Direct interaction with clients and business teams for queries.
• Coordination with internal operations for timely account opening.
• Handling audits and regulatory queries end to end.

Skills

KYC documentation proficiency

Regulatory knowledge SEBI/RBI

Client onboarding experience

Communication skills

Education

Post Graduate in Commerce/Banking or MBA in Finance/General Management or CA

Job description

Hiring for Goregaon Location for FDI and FPI Client Onboarding for Manager / Sr Manager / AVP grade

PFB JD

The Applicant would be a part of the Client On boarding team at the Custody/DDP desk of the Bank.

1. Preparation of documentation for Foreign Portfolio Investors (FPI) clients & Foreign Direct Investor clients (FDI).
2. Processing of Onboarding documents of FPIs & FDI.
3. Explaining & Educating prospective FPI clients about various regulatory requirements
4. Processing of modification requests of existing FPI & FDI accounts
5. Reviewing client structures and activities to ensure regulatory compliance from all aspects
6. Direct Interaction with clients and business teams for query resolution on documentation
7. Interaction with internal operations team to ensure timely account opening
8. Handling audit & regulatory queries end to end

Job Requirements, Skills/Knowledge Prerequisites Would be as follows:

1. Knowledge of SEBI / RBI KYC guidelines, SEBI (FPI) Regulations & Operational Guidelines and Custody Business
2. Proficiency in documentation review
3. Good Communication & Presentation Skills
4. Good relationship with regulatory officials from SEBI / NSDL handling the FPI / custody related activities

Educational Qualifications required:

1. Post Graduate in Commerce/Banking or MBA in Finance or General Management or Chartered Accountant