Team Member – Process & Compliance

Assistant Manager /Deputy Manager Digital Banking Kotak811 – Regional Sales

Job Location: Goregaon Infinity Office

Job Role:

Monitoring of various check-points/control parameters pertaining to liability products as per defined frequency.
Co-ordinate with internal teams like Product, Data-Science, Analytics, IT etc. to understand & fix various system level issues/gaps.
Identify process gaps & ensure gaps (if any) are immediately highlighted to respective team for corrective action.

Job Requirement:

1-2 years of experience in BFSI/IT industry.
Graduate (Post Graduate / Technical Certification desirable but not mandatory)
Awareness of banking systems and applications like Finacle, BCIF, Vision +, etc.
Must have knowledge of Excel, SQL, Power BI, SAP BO
Knowledge of other AWS tools like EMR Studio, Redshift, etc. will be an added advantage.

Responsibilities

Review and analyze existing processes to identify areas of improvement and ensure compliance with regulations.
Develop and implement new processes and procedures to enhance efficiency and compliance.
Monitor and audit digital banking operations to identify potential risks and ensure adherence to policies.
Provide training and guidance to the regional sales team on compliance-related matters.
Collaborate with cross-functional teams to resolve compliance-related issues and implement best practices.
Stay updated with industry trends and regulatory changes, ensuring the bank's practices remain current.
Prepare and maintain accurate records and documentation for audit purposes.
Conduct periodic risk assessments and develop mitigation strategies.
Liaise with external auditors and regulatory bodies as required.
Ensure timely reporting and escalation of any compliance-related concerns.

A bachelor's degree in a relevant field, such as finance, business, or law.
1-2 years of experience in a similar role, preferably in the banking or financial services industry.
Strong knowledge of regulatory requirements and compliance standards.
Excellent analytical and problem-solving skills.
Attention to detail and a proactive approach to identifying potential risks.
Ability to work independently and manage multiple tasks simultaneously.
Effective communication and interpersonal skills for collaboration with various teams.
Proficiency in using Microsoft Office and other relevant software.
Willingness to stay updated with industry developments and regulations.
A self-starter with a strong work ethic and a commitment to maintaining high standards of compliance.