Team Lead - IT Governance and Risk Compliance

Team Lead-IT Governance-SUPPORT SERVICES-CTO Head

Job Description – IT Policy & Processes (GRC)

Location: Mumbai, India

Reporting To: Head – Governance, Risk & Compliance

 

Role Overview

Lead the formulation, implementation, and governance of enterprise-wide policies and processes within the GRC framework. This role is pivotal in ensuring IT in Kotak Bank operates within a robust governance structure, adheres to all regulatory requirements, and mitigates risks effectively. The incumbent will act as a strategic advisor to senior leadership, driving consistency, compliance, and accountability across all business units.

 

Key Responsibilities

1. Policy Leadership & Governance
   • Lead the design, approval, and periodic review of enterprise-wide GRC policies, frameworks, and SOPs in line with RBI, SEBI, and other regulatory requirements.
   • Ensure policy alignment with regulators and corporate governance principles, industry best practices.
   • Provide strategic interpretation of regulatory expectations for business units and management.
2. Process Design & Standardization
   • Establish standardized governance processes across departments and subsidiaries, wherever needed.
   • Drive automation, digitization, and simplification of compliance-related processes.
   • Ensure strong documentation, version control, and audit readiness for all policies and processes.
3. Regulatory Compliance & Risk Oversight
   • Serve as a senior point of contact for regulatory updates, translating guidelines into actionable policies.
   • Monitor emerging risks and regulatory trends, advising management on proactive risk mitigation.
   • Collaborate with Risk, Compliance, Legal, Audit, and Business teams to ensure consistent adherence.
4. Strategic Advisory & Stakeholder Engagement
   • Advise senior leadership, committees, and the Board on governance, compliance, and risk matters.
   • Act as SME on GRC policies, representing the Bank in regulatory discussions when required.
   • Partner with business units to embed risk culture and governance awareness.
5. Monitoring, Reporting & Assurance
   • Develop and oversee enterprise-wide dashboards, KPIs, and MIS to track compliance with policies.
   • Ensure timely escalations and actionable insights for senior management and Board committees.
   • Drive continuous improvement based on audit findings and regulatory inspections.

 

 

 

 

 

Qualifications & Experience

 

• Postgraduate / MBA / CA / CS / LLB or equivalent professional qualification.
• 12–18 years of relevant experience in Governance, Risk & Compliance, Policy Management, or Risk Consulting, with significant exposure in Banking / Financial Services.
• Proven track record in policy design, regulatory compliance, and enterprise governance.
• Strong knowledge of RBI regulations, Basel III, ICAAP, and enterprise risk frameworks.
• Prior experience in managing GRC or Compliance teams is preferred.

 

Skills & Competencies

 

• Strategic thinking with ability to balance regulatory requirements and business priorities.
• Excellent drafting, communication, and policy interpretation skills.
• Strong leadership, stakeholder management, and influencing capabilities.
• Analytical mindset with ability to identify systemic risks and process inefficiencies.
• Proficiency in GRC technology platforms, MIS reporting tools, and regulatory tracking systems.

 

Key Performance Indicators (KPIs)

 

• Timely approval, rollout, and periodic review of enterprise policies.
• Reduction in regulatory/audit observations related to governance and process gaps.
• Measurable improvements in policy adherence and risk awareness across business units.
• Effective Board and senior management reporting on GRC policies and processes.

 

Experience Level

Senior Level