Kotak Mahindra Bank RCU Compliance Manager
2 weeks ago
Are you passionate about ensuring compliance and driving business growth in the banking sector?
We have an exciting opportunity for a RCU Compliance Manager at Kotak Mahindra Bank, located in Hyderabad.
Job Description:- Critical Process Support: Visit branches to ensure adherence to processes and standards.
- Surprise Audits: Conduct random checks of critical items at branches to prevent deviations.
- Data Sampling: Monitor pre- and post-account opening data to detect any discrepancies.
- Team Management: Lead teams and agencies to drive field-level initiatives and investigations.
- Incident Response: Timely closure of unusual events to minimize disruptions.
- Fraud Prevention: Collaborate with authorities to report counterfeit notes and reduce fraud numbers.
- Emerging Trends: Analyze strategic patterns to develop effective controls and systems.
- Collaboration: Liaise with legal and government agencies to ensure compliance.
Main Performance Indicators (KPIs) include:
- Branch Audit Ratings
- Effectiveness of control measures in branches
- Critical findings from surprise audits
- Unusual events reported by branches
- Number of Suspicious Transaction Reports (STRs)
This is a challenging yet rewarding role that requires strong analytical and leadership skills. The successful candidate will be responsible for:
- Developing and implementing compliance strategies
- Conducting regular audits and assessments
- Maintaining accurate records and reporting
- Providing training and guidance to teams
We offer a competitive salary package, including a base salary of ₹1,200,000 per annum, plus benefits and opportunities for growth and development.
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