Risk Policy Support Team Member

Kotak Mahindra Bank

Bengaluru/Bangalore

Not disclosed

Work from Office

Full Time

Min. 2 years

Job Details

Job Description

Team Member-Risk Policy-Support Services-Consumer Risk

As a Team Member in the Risk Policy department, you will play a crucial role in supporting the Consumer Risk team's objectives. Your primary focus will be on assisting with the development and implementation of risk management policies and procedures, ensuring compliance with regulatory requirements, and providing analytical support to the team. This role is an excellent opportunity to gain exposure to various risk management functions and contribute to the bank's overall risk strategy.

  • Assist in the development and documentation of risk policies and procedures, ensuring alignment with regulatory requirements and industry best practices.
  • Conduct risk assessments and identify potential risks associated with consumer banking products and services.
  • Monitor and analyze consumer risk data, identifying trends and patterns to support decision-making.
  • Collaborate with other departments to ensure effective implementation of risk management strategies.
  • Provide analytical support and prepare reports on consumer risk-related matters for internal and external stakeholders.
  • Stay updated with regulatory changes and industry developments, ensuring the bank's compliance with relevant laws and regulations.
  • Support the Consumer Risk team in managing and mitigating risks associated with new product launches or business initiatives.
  • Assist in the development and maintenance of risk management systems and tools.
  • Liaise with external auditors and regulatory bodies during risk-related audits and inspections.
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field.
  • 1-2 years of experience in risk management, compliance, or a related field, preferably in the banking industry.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  • Proficiency in Microsoft Office suite, particularly Excel and PowerPoint.
  • Knowledge of risk management frameworks and regulatory requirements in the banking sector.
  • Ability to work independently and manage multiple tasks simultaneously.
  • Strong attention to detail and a commitment to maintaining high standards of accuracy.
  • Willingness to learn and adapt to changing risk landscapes and industry trends.
  • Ability to prioritize tasks and manage time effectively in a fast-paced environment.

Experience Level

Mid Level

Job role

Work location

Bangalore, Karnataka, India

Department

Risk Management & Compliance

Role / Category

Risk Management - Assessment / Advisory

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 2 years

About company

Name

Kotak Mahindra Bank

Job posted by Kotak Mahindra Bank

Apply on company website