Compliance-GIFT Branch-WBG HO / IPO / CIP-GIFT City na Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd · Gandhidham, Índia · Onsite
- Professional
- Escritório em Gandhidham
To ensure that the International Banking Unit (IBU) at GIFT City operates in full compliance with all applicable regulatory requirements, including those set by IFSCA, RBI, and other relevant authorities. The role involves implementing and monitoring compliance frameworks, conducting risk assessments, and acting as a key liaison with regulators.
Responsibilities
- Ensure adherence to all applicable laws, regulations, and guidelines issued by IFSCA, RBI, and other regulatory bodies.
- Develop, implement, and maintain the compliance framework for the IBU.
- Monitor regulatory developments and assess their impact on IBU operations.
- Conduct periodic compliance risk assessments and internal reviews.
- Review and approve new products, services, and processes from a compliance perspective.
- Liaise with internal stakeholders to ensure timely resolution of compliance issues.
- Prepare and submit regulatory reports and returns as required.
- Coordinate and support regulatory inspections and audits.
- Conduct training and awareness programs for IBU staff on compliance matters.
- Maintain records of compliance breaches and ensure timely corrective actions.
- Support implementation of systems for customer risk categorization, AML/CFT monitoring, and regulatory reporting.
Qualifications
- Education: MBA/CA/CS/Postgraduate in Law, Finance, or related field.
- Experience: Minimum 5–8 years of experience in banking compliance, preferably with exposure to international banking or offshore units.
- Knowledge: Strong understanding of IFSCA regulations, FEMA, AML/CFT guidelines, and international banking operations.
- Prior experience working in a GIFT City IBU or similar offshore banking setup/ Compliance function in banking at domestic setup
- Familiarity with systems like Finacle, Compass, or other core banking/compliance platforms.
- Exposure to regulatory inspections and audit handling.
