Team Member-Process and Compliance_Digital Banking Kotak 811

Kotak Mahindra Bank; Maharashtra; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Kotak Mahindra Bank is seeking a Team Member - Process and Compliance for its Digital Banking (Kotak 811 Regional Sales) division in Mumbai. The role focuses on driving compliance audits, risk assessments for products and vendors, and identifying irregularities per RBI guidelines.

Qualifications include Chartered Accountant with MBA and 2–5 years of relevant experience. Strong regulatory knowledge, communication, and multitasking abilities are essential for success in this fast-paced environment.

Qualifications

• CA with MBA qualification.
• 2–5 years of relevant work experience.
• Strong knowledge of regulatory guidelines and processes; excellent verbal and written communication; interpersonal skills and multitasking ability.

Responsibilities

• Manage and enforce an effective legal, product, and agreement compliance program aligned with bank-wide standards.
• Handle vendor onboarding, risk assessment, and audits.
• Expand and review outsourced vendors and ensure timely submission of vendor reports to internal departments.
• Prepare and summarize internal product audit reports by collecting and analyzing data.
• Document audit findings and provide recommendations to management regarding current product compliance with laws and regulations.
• Examine and analyze records, reports, operating practices, and documentation to ensure regulatory compliance and strengthen internal control structures.
• Monitor critical processes to assess adherence to updated guidelines.

Skills

Regulatory guidelines

Verbal communication

Interpersonal skills

Multitasking

Education

Chartered Accountant

MBA

Job description

Team Member-Process and Compliance_Digital Banking Kotak 811

K

Organising Institution / Firm

Rolling Basis (Official)

Not Specified

CA with additional professional qualification such as MBA; 2-5 years of relevant work experience.

Jobs

Full Opportunity Brief

Contextual Overview

Kotak Mahindra Bank is hiring for the role of Team Member - Process and Compliance within its Digital Banking (Kotak 811 Regional Sales) department based in BKC, Mumbai. The position involves driving compliance audit functions, conducting risk assessments for products, vendors, and processes, and identifying irregularities based on RBI guidelines.

Key Eligibility Criteria

• Qualification: Chartered Accountant (CA) with additional professional qualification such as an MBA.
• Experience: 2 to 5 years of relevant work experience.
• Skills: Knowledge of relevant regulatory guidelines and processes, strong verbal and written communication, interpersonal skills, and the ability to multitask and manage deadlines in a fast-paced environment.

Responsibilities & Scope of Work

• Manage and enforce an effective legal, product, and agreement compliance program aligned with bank-wide standards.
• Handle vendor onboarding, risk assessment, and audits.
• Expand and review outsourced vendors and ensure timely submission of vendor reports to internal departments.
• Prepare and summarize internal product audit reports by collecting and analyzing data.
• Document audit findings and provide recommendations to the management team regarding current product compliance with laws and regulations.
• Examine and analyze records, reports, operating practices, and documentation to ensure regulatory compliance and strengthen internal control structures.
• Monitor critical processes to assess adherence to updated guidelines.

Stipend, Compensation & Mode

Stipend / Compensation: Not Specified

Employment Type: Full-time