Team Member Compliance Testing

Kotak Mahindra Bank; Mumbai; Hybride; INR 1 200 000 - 1 800 000; Plein temps

Résumé du poste

Kotak Mahindra Bank in Mumbai seeks a Compliance Testing professional to execute timely reviews, including branch checks, in line with RBI guidelines and internal plans.

You will drive automation and analytics, work with risk, operations, IT and business units, and prepare reports for senior management and Audit Committee.

This role focuses on regulatory alignment, staying updated on changes, and improving testing programs through AI-driven analytics.

Responsabilités

• Execute timely Compliance Reviews and Branch Reviews per ACB plan aligned with RBI guidelines.
• Conduct RBI Tranche III Testing per RBI Risk-Based Supervision guidelines.
• Create rules to automate continuous testing of regulatory obligations and analyse exceptions.
• Integrate data analytics and automation tools to enhance testing efficiency.
• Review processes, products and systems to identify gaps and recommend fixes.
• Perform sample checks, walkthroughs, and control validations.
• Prepare reports highlighting observations, root causes and remediation plans.
• Present findings to senior management and Audit Committee.
• Maintain centralized repository of testing results for regulatory and internal audits.
• Regulatory alignment and updates.
• Stay updated on regulatory changes and incorporate them into testing.

Description du poste

• Execute and ensure timely delivery of Compliance Reviews, including Branch Reviews as per the review plan approved by ACB aligned with RBI and other regulatory guidelines.
• Conduct RBS Tranche III Testing as per RBIs Risk-Based Supervision guidelines.
• Create new system rules for automating testing of regulatory obligations on a continuous basis and analyse the exceptions.
• Integrate data analytics and automation tools for enhanced testing efficiency.
• Carry out detailed reviews of processes, products, and systems to identify gaps and recommend corrective actions.
• Perform sample checks, walkthroughs of processes, products and systems and control validations.
• Prepare Compliance Review Reports highlighting observations, root causes, and remediation plans.
• Present findings to Senior management and Audit Committee.
• Maintain centralized repository of testing results for regulatory and internal audits.
• Regulatory Alignment
• Stay updated on regulatory changes and incorporate them into testing programs.
• Liaise with regulators during inspections and audits, ensuring timely and accurate responses.
• Stakeholder Management
• Collaborate with business, operations, risk, internal audit and technology teams
• Provide advisory support on compliance matters and emerging risks.
• Additional Strategic Responsibilities
• Drive continuous improvement through automation, AI-driven analytics.
• Contribute to compliance risk assessment and annual compliance plan.
• Support training and awareness programs for business units on compliance observations.