Team Member - Compliance - Kotak Mahindra Prime Ltd

Job Description:

1. Ensure filing of various returns with RBI and other statutory/regulatory bodies within
the due date. Includes Fraud returns, Risk Based Assessment of KYC/AML, DNBS
returns, etc.
2. Perform independent compliance testing of various products of the Company on a
sample basis.
3. Assist in preparing data pack for various meetings such as High Level Monitoring
Committee, Senior Management Committee, Compliance meeting, etc and draft
minutes of aforementioned meetings.
4. Track regulatory changes and update internal stakeholders
5. Monitor implementation of regulatory requirements by collaborating with internal
teams
6. Monitoring compliance in compliance monitoring tool
7. Prepare review notes for Board/Audit Committee
8. Develop and maintain policies and processes with respect to Compliance such as
KYC/AML policy, fraud policy, Compliance policy, Fair Practice code, etc.
9. Assist in RBI inspection of the Company and internal audit of Compliance function.
10. File Suspicious Transaction Report (STR) and other reports with FIU
11. Develop and conduct compliance training sessions to help drive Compliance culture in
the company
12. Miscellaneous activities such as Branch return, Compliance newsletter, branch visit,
NCIF backtracking, approval of creatives, transaction monitoring, track compliances on
Compliance tracking tool, etc.
13. Review and supervise closure of AML alerts