: Compliance Manager - Kotak Mahindra Bank

Job Title

Manager / Senior Manager - Compliance

Location

Mumbai

Key Responsibilities

Regulatory Compliance & Advisory
Provide compliance guidance to business and support functions on applicable RBI regulations, banking laws, and internal policies.
Review current products, processes, initiatives, and business propositions from a regulatory compliance perspective.
Interpret regulatory circulars and assess their impact on banking operations.

Monitoring & Testing
Conduct periodic compliance monitoring and testing to identify potential compliance gaps.
Track closure of compliance observations and remediation plans.
Prepare compliance reports, dashboards, and management updates.

Regulatory Change Management
Monitor regulatory developments issued by RBI, SEBI, IRDAI, NPCI, FIU-IND, and other regulatory bodies.
Facilitate implementation of regulatory changes across relevant stakeholders.
Maintain compliance trackers and regulatory inventory.

Audit & Inspection Support
Coordinate with Internal Audit, Statutory Auditors,



and Regulatory Inspectors for compliance-related matters.
Support submission of information and responses during regulatory inspections and audits.
Ensure timely closure of audit and inspection observations.

Policy Governance
Assist in drafting, reviewing, and updating compliance policies, procedures, and frameworks.
Drive awareness and training programmes on compliance requirements across the organisation.
Promote a strong compliance culture and ethical conduct.

Behavioural Skills
Robust analytical and problem-solving abilities.
Excellent stakeholder management and interpersonal skills.
Effective written and verbal communication.
High attention to detail and regulatory mindset.
Ability to manage multiple priorities in a energetic environment.

Preferred Industry Experience
Banks (Private, Foreign or Public Sector)
NBFCs
Financial Services Organisations Consulting firms with Banking Compliance practice

Grade: M4/M5 (based on experience and internal benchmarking)

📌 Team Member Compliance Support Services Compliance Mumbai
🏢 Kotak Securities
📍 Mumbai