Team Member - Compliance-SUPPORT SERVICES-Compliance

• Description
• Job Description: Compliance Manager - Kotak Mahindra Bank

Job Title

Manager / Senior Manager - Compliance

Location

Mumbai

Key Responsibilities

Regulatory Compliance & Advisory

• •Provide compliance guidance to business and support functions on applicable RBI regulations, banking laws, and internal policies.
• •Review new products, processes, initiatives, and business propositions from a regulatory compliance perspective.
• •Interpret regulatory circulars and assess their impact on banking operations.

Monitoring & Testing

• •Conduct periodic compliance monitoring and testing to identify potential compliance gaps.
• •Track closure of compliance observations and remediation plans.
• •Prepare compliance reports, dashboards, and management updates.

Regulatory Change Management

• •Monitor regulatory developments issued by RBI, SEBI, IRDAI, NPCI, FIU-IND, and other regulatory bodies.
• •Facilitate implementation of regulatory changes across relevant stakeholders.
• •Maintain compliance trackers and regulatory inventory.

Audit & Inspection Support

• •Coordinate with Internal Audit, Statutory Auditors, and Regulatory Inspectors for compliance-related matters.
• •Support submission of information and responses during regulatory inspections and audits.
• •Ensure timely closure of audit and inspection observations.

Policy Governance

• •Assist in drafting, reviewing, and updating compliance policies, procedures, and frameworks.
• •Drive awareness and training programmes on compliance requirements across the organisation.
• •Promote a strong compliance culture and ethical conduct.

Behavioural Skills

• •Strong analytical and problem-solving abilities.
• •Excellent stakeholder management and interpersonal skills.
• •Effective written and verbal communication.
• •High attention to detail and regulatory mindset.
• •Ability to manage multiple priorities in a dynamic environment.

Preferred Industry Experience

• •Banks (Private, Foreign or Public Sector)
• •NBFCs
• •Financial Services Organisations
• •Consulting firms with Banking Compliance practice

Grade: M4/M5 (based on experience and internal benchmarking)

• Responsibilities
• Provide compliance guidance to business and support functions on applicable RBI regulations, banking laws, and internal policies.

Review new products, processes, initiatives, and business propositions from a regulatory compliance perspective.

• Qualifications
• Prerequisites

• •MBA / CA / CS / LLB or equivalent qualification from a reputed institution.
• •5-10 years of experience in Compliance, Risk Management, Audit, Legal, or Regulatory Affairs within Banking or Financial Services.
• •Strong understanding of RBI regulations, Banking Regulation Act, KYC/AML guidelines, Fair Practice Codes, and related regulatory frameworks.
• •Experience in compliance monitoring, regulatory advisory, and governance activities.