To provide compliance advisory support across key business segments, ensuring adherence to regulatory requirements and internal policies. The role involves proactive engagement with stakeholders to mitigate compliance risks and enable business growth within the regulatory framework.
Key Responsibilities:
Regulatory Advisory
• Provide compliance advisory support to the following:
• Liabilities Business – including Branch Banking and related products.
• Payments Business – covering UPI, AePS, Payment Aggregators (PA), Payment Gateways (PG), acquiring solutions, and other payment channels.
• Digital Banking – advisory on digital platforms, products, and services
• Government agency business
• Data Privacy aspects

• Interpret circulars, notifications, and regulatory updates and assess their impact on existing products, processes, and policies.

• Review and advise on customer consent mechanisms, data collection, processing, sharing, retention, and deletion practices to ensure compliance with the DPDP Act, 2023 and related privacy.




Provide advise on third-party/vendor data processing arrangements, data breaches, data subject rights requests and digital initiatives from a data privacy perspective.
Reviewing Digital Banking Related Products, Policies, Processes and journeys. It involves giving feedback and advice to ensure the bank processes are comprehensive and compliant with regulatory guidelines
• Act as a point of contact for compliance-related queries from internal stakeholders.

Policy & Framework Management
• Assist in drafting, reviewing, and updating compliance policies, SOPs, and internal guidelines in line with regulatory changes.
• Support implementation of compliance frameworks including data Privacy framework, monitoring mechanisms, and control assessments.
• Ensure Compliance policies/SOPs are communicated effectively across departments.

Risk Assessment & Monitoring
• Conduct compliance risk assessments and identify gaps in adherence.
• Advice on mitigati

📌 Compliance Advisor (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai