Process and Compliance Associate - Digital Banking

Team Member-Process and Compliance-Digital Banking Kotak 811-Regional Sales

Role Title Team member – Process & Compliance Designation Function Assistant Manager /Deputy Manager Digital Banking Kotak811 – Regional Sales Job Location Job Role Goregaon infinity office 1. Monitoring of various check-points/control parameters pertaining to liability products as per defined frequency. 2. Co-ordinate with internal teams like Product, Data-Science, Analytics, IT etc. to understand & fix various system level issues/gaps. 3. 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.

• 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.

Experience Level

Mid Level