Team Supervisor-Compliance-SUPPORT SERVICES-Compliance at Kotak Mahindra Bank

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

13 Sep, 26

Salary

0.0

Posted On

15 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, Financial Services Regulation, Risk Testing, Internal Governance Reporting, Stakeholder Management, Audit, Assurance, Capital Markets Knowledge, Problem Solving, Interpersonal Communication, MS Office

Industry

Banking

Description

About the Job The expectation and primary accountability of the position in the Compliance Department is to monitor, understand, interpret and guide business teams regarding new regulations emanating from financial services and capital market regulators (such as RBI, NPCI, Depositories / Exchanges/ Clearing Houses, PFRDA / IRDAI etc.). 1. To monitor new regulations as and when they arise, and to promptly disseminate these to relevant internal stakeholders. 2. Proactively analyze the impacts, allocate actions to business owners, and provide guidance on implementation. 3. Perform testing of actual implementation of circulars to ensure that the revised process and controls are sufficient to meet regulatory expectations from both, a design & operating effectiveness perspective. 4. Assist senior stakeholders in preparing notes for engagement with regulators as and when required, to obtain clarity on the regulations. 5. Assist/prepare MIS / notes for internal governance meeting reporting. Job Requirements: The candidate should possess the following attributes: * Graduate with 18+ years of work experience in banking / financial services / securities in the Compliance team or in an assurance/testing role with particular focus on regulatory compliance. * Knowledge about key regulatory requirements relating to financial services and capital market regulators (such as RBI, NPCI, Depositories / Exchanges/ Clearing Houses, PFRDA / IRDAI etc.). * Hands-on experience of implementing or monitoring implementation of regulations. Prior audit or assurance background will be preferred. * Functional knowledge about bank functioning – different business segments and functions with particular focus on financial services / capital markets. * Ability to perform under pressure within the given time lines. Should possess good communication / interpersonal / problem solving skills and has to be a quick learner. * Diligent, hard-working & a team player, with ability to drive outcomes when working with other stakeholders. * Proficient in working on MS Office tools.

Responsibilities

Monitor and interpret new regulations from financial services and capital market regulators to guide business teams on implementation. Perform testing of controls and prepare governance notes for internal stakeholders and regulators.