Team Member - Compliance_SUPPORT SERVICES_0614_1508_1082098_ST16

Kotak Mahindra Bank; Mumbai; On-site; INR 3,000,000 - 4,500,000; Full time

Job summary

Kotak Mahindra Bank is seeking a Compliance Advisor for Support Services in Mumbai to provide independent compliance advisory and oversight across HR, procurement, administration, marketing, technology, and related functions.

The role emphasizes interpreting regulatory guidelines, building governance, and applying risk-based controls to enable business objectives while strengthening the bank's compliance framework.

Qualifications

• CA/CS/MBA (Finance)/LLB or equivalent professional qualification.
• 5–10 years of experience in Compliance, Risk Management, Legal, Internal Audit, or Regulatory Advisory within Banking, Financial Services, NBFCs, or Consulting.
• Good understanding of RBI regulations, banking governance frameworks, outsourcing guidelines, and conduct risk principles.

Responsibilities

• Act as a compliance partner for Support Service functions including HR, Procurement, Administration, Corporate Communications, Marketing, Technology, Information Security, Facilities, and Vendor Management.
• Provide regulatory and compliance advice on new initiatives, projects, processes, policies, and business decisions.
• Interpret and assess the applicability of regulatory guidelines, laws, and internal policies.
• Review internal policies, SOPs, and governance documents from a compliance perspective.
• Identify, assess, and monitor compliance risks arising from support functions.
• Conduct compliance impact assessments for new processes and change management initiatives.
• Recommend controls and mitigation measures to address identified compliance risks.
• Support compliance testing, thematic reviews, monitoring activities, and control assessments.
• Track and ensure timely closure of compliance observations, audit findings, and regulatory issues.
• Assist in the implementation and communication of regulatory changes across relevant stakeholders.
• Conduct compliance awareness sessions and training programmes for support function employees.
• Foster a strong culture of compliance and ethical conduct across the organisation.
• Collaborate with Legal, Risk, Internal Audit, Information Security, and Business teams to resolve compliance matters.

Skills

Analytical thinking

Critical thinking

Stakeholder management

Regulatory interpretation

Communication skills

Education

CA / CS / MBA (Finance) / LLB

Job description

Job Description:

Job Title: Compliance Advisory – Support Services

1. Job Purpose

To provide independent compliance advisory and oversight to Support Service functions across the Bank, ensuring adherence to applicable regulatory requirements, internal policies, governance standards, and ethical business practices. The role will partner with stakeholders to identify compliance risks, provide practical regulatory guidance, and strengthen the Banks overall compliance framework while enabling business objectives.

2. Roles & Responsibilities

Compliance Advisory

• Act as a compliance partner for Support Service functions including HR, Procurement, Administration, Corporate Communications, Marketing, Technology, Information Security, Facilities, and Vendor Management.
• Provide regulatory and compliance advice on new initiatives, projects, processes, policies, and business decisions.
• Interpret and assess the applicability of regulatory guidelines, laws, and internal policies.
• Review internal policies, SOPs, and governance documents from a compliance perspective.

Compliance Risk Management

• Identify, assess, and monitor compliance risks arising from support functions.
• Conduct compliance impact assessments for new processes and change management initiatives.
• Recommend controls and mitigation measures to address identified compliance risks.

Monitoring & Governance

• Support compliance testing, thematic reviews, monitoring activities, and control assessments.
• Track and ensure timely closure of compliance observations, audit findings, and regulatory issues.
• Assist in the implementation and communication of regulatory changes across relevant stakeholders.

Awareness & Stakeholder Management

• Conduct compliance awareness sessions and training programmes for support function employees.
• Foster a strong culture of compliance and ethical conduct across the organisation.
• Collaborate with Legal, Risk, Internal Audit, Information Security, and Business teams to resolve compliance matters.

3. Prerequisites

Educational Qualification

• CA / CS / MBA (Finance) / LLB or equivalent professional qualification.
• Additional certifications in Compliance, Risk Management, Regulatory Affairs, or Data Privacy will be preferred.

Experience

• 5-10 years of experience in Compliance, Risk Management, Legal, Internal Audit, or Regulatory Advisory within Banking, Financial Services, NBFCs, or Consulting.
• Experience in providing advisory support to corporate or support service functions will be preferred.
• Good understanding of RBI regulations, banking governance frameworks, outsourcing guidelines, and conduct risk principles.

4. Behavioural Skills

• Strong analytical and critical thinking skills.
• Sound judgement with a risk-based decision-making approach.
• Ability to interpret regulations and translate them into practical business solutions.
• Excellent stakeholder management and influencing capabilities.
• Strong written and verbal communication skills.
• High level of integrity, professionalism, and ethical conduct.
• Ability to work collaboratively across functions and manage multiple priorities.
• Proactive, detail-oriented, and solution-driven mindset.
• Strong ownership and accountability for deliverables.

Requirements: