Credit Compliance Specialist

Join our dynamic Compliance department as a Credit Compliance Specialist, where you will safeguard our organisation’s credit processes, ensure adherence to internal policies, and support robust regulatory compliance. This role offers the opportunity to partner with cross-functional teams, influence credit risk frameworks, and contribute directly to sound, sustainable growth.

Responsibilities:

1. Conduct periodic credit compliance audits to verify adherence to internal credit policies, regulatory guidelines, and industry best practices.
2. Monitor and review credit portfolios to identify potential compliance gaps or risks, recommending corrective actions where necessary.
3. Collaborate with credit risk, operations, and legal teams to design, implement, and refine compliance controls.
4. Prepare detailed audit reports, summarising findings, recommendations, and action plans for senior management.
5. Stay abreast of evolving regulations (local and international) affecting credit risk and translate changes into internal policies and procedures.
6. Deliver training sessions and guidance to business units on credit compliance standards and audit outcomes.
7. Support regulatory examinations and internal/external audit requests by providing accurate documentation and expert insights.
8.



Develop and track key compliance metrics, providing regular status updates and dashboards to leadership.

Requirements:

1. Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field.
2. 2–10 years of proven experience in credit compliance, credit audit, or related risk/compliance functions.
3. Solid knowledge of credit risk management principles, regulatory frameworks, and industry standards.
4. Hands-on experience conducting audits, drafting reports, and implementing remediation plans.
5. Excellent analytical and problem-solving skills with keen attention to detail.
6. Proficiency with compliance/audit tools and MS Office Suite (Excel, PowerPoint, Word).
7. Strong interpersonal and communication skills, able to convey complex compliance matters to diverse stakeholders.

Nice to Have:

1. Professional certifications such as CA with 2yrs+
2. Experience within a regulated financial institution or large lending organisation.
3. Familiarity with data analytics tools (e.g., SQL, Power BI) for enhanced compliance monitoring.
4. Knowledge of international credit regulations (e.g., Basel III, IFRS 9).
5. Experience in process automation or RegTech solutions to streamline compliance workflows.

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