Under his leadership, the Kotak Mahindra group has emerged as one of India’s leading diversified and integrated financial services conglomerates, providing a range of financial solutions covering banking, asset management, alternate asset management, life and general insurance, stock broking, investment banking,

Vertical Head – KYC/AML Compliance

Role : Vertical Head – KYC/AML Compliance

Grade : M9

As AML/KYC Vertical Head, primary responsibilities would include effectively design and implement a robust Anti-Money Laundering(AML) program for ongoing compliance with KYC/AML/CFT requirements, ongoing monitoring of transactions, maintaining adequate AML records in a organized manner and sharing and reporting information as required under various laws and regulations and dealing with RBI/SEBI/IRDA/FIU India respectively.

Job Responsibilities:

• To ensure sharing and reporting information as required under Prevention of Money Laundering Act(PMLA) and rules framed thereunder.
• To ensure compliance in respect of RBI / FIU/ SEBI/ IRDA guidelines, regulation and directives on KYC/AML/CTF.
• To establish and oversee the implementation and effectiveness of AML, KYC and CFT policies, procedures and controls and ensuring periodic review of implemented AML framework, in order to ensure an up-to-date AML framework at all points of time.
• To extensively collaborate with internal stakeholders to drive discussions, decisions, escalate and embed appropriate governance on the topic as required.
• To be the owner of AML/KYC controls by executing/managing the control testing and evaluating the control effectiveness annually.
• To own, develop, and implement enterprise-wide Risk Assessment or Business Risk Assessment relating to AML/KYC requirements, evaluate the potential risk exposure the business, and tailoring policy requirements commensurate with residual AML risk and control environment for all categories of bank customers.
• To monitor transactions and customer activities for suspicious behavior and potential financial crimes and ensure timely filing of Suspicious Transaction Reports(STRs) that in satisfaction of regulatory expectations.
• To assess and mitigate KYC/ML/TF risks associated with the Bank’s operations and activities.
• To ensure that the information in respect of CTR, CCR, NTR is submitted to FIU-IND as per stipulated timelines and timely, accurate submission of KYC/AML related data is furnished to regulators, as required.
• To periodically evaluate the STR to alerts/cases ratio and carry out threshold tuning to assess and improve the risk relevance of the RFIs
• To build, lead, train and develop the AML team on identification of suspicious/unusual account activity, providing complete and relevant narrations for alert closures and raising good quality STRs.
• To assess KYC/AML risks for all new products
• To establish and oversee implementation of a robust training framework across the Bank on KYC/AML/CFT related matters.
• To maintain excellent working relationships with the regulators for timely resolution of queries and orderly implementation of the requirements
• To manage internal and external audits/inspections and ensure comprehensive compliance of supervisory observations made in both letter and spirit, in a time bound and sustainable manner.

Skills & Personal Traits:

• Up-to-date knowledge of banking regulations and laws
• A thorough understanding of the applicable AML regulations and compliance requirements
• Proven experience of having developed and monitored enterprise-wide AML compliance programs of a regulated banking entity.
• Keen awareness of the historical and evolving regulatory landscape
• Adaptability to change
• Excellent organizational and problem-solving skills, with an eye for detail
• Ability to develop and maintain effective relationships internally and externally
• Excellent communication, negotiation and interpersonal skills
• Ability to interpret complex regulations and policies and apply them
• Ability to create and maintain detailed reports
• Strong problem-solving and analytical skills
• Ability to remain calm under pressure
• Willingness to learn
• Ability to prioritize and multitask
• Ability to lead and manage a team
• Technology proficient

Specifications:

• Post graduate from a recognized university. A professional degree with ACMAS certification will get priority.
• Should have at least 15-20 years of Banking experience(preferably in a banking entity) and should have worked as Principal Officer for minimum 3 Years

Credit Risk Analyst

Role Requirements:

• Analysis of portfolios (Risk drivers – ratings, scores, delinquencies, roll rates, cure, collection efficiency, churn, concentrations, ECL)
• Development of Risk Dashboards and analytical reports for Senior Management
• Closely monitoring performance of existing and new portfolios and comparison with peers and industry
• Monitoring external environment/ developments and correlating with impact on the lending portfolios of the Bank
• Automation of existing reporting and analytical processes through systems

Pre-Requisites:

• 6 to 8 years of experience in a Bank, NBFC in the areas of portfolio monitoring, credit monitoring, credit underwriting, portfolio analytics
• Above average to advanced excel skills
• Experience in working with Python or SAS will be an advantage.
• Professional Qualifications – CA or MBA with FRM preferred

Grade: Associate Vice President

Software Engineer (SDE3)

Job Title: SDE-3

Location: Mumbai/Bangalore

Experience range: 10-15 years

What we offer:

Our mission is simple – Building trust. Our customer’s trust in us is not merely about the safety of their assets but also about how dependable our digital offerings are. That’s why, we at Kotak Group are dedicated to transforming banking by imbibing a technology-first approach in everything we do, with an aim to enhance customer experience by providing superior banking services. We welcome and invite the best technological minds in the country to come join us in our mission to make banking seamless and swift. Here, we promise you meaningful work that positively impacts the lives of many.

Key Job Responsibilities:

• Independently design and implement complex distributed software using object oriented approach/ technologies.
• Leading ambiguous and undefined technical problems to resolution.
• Design and develop services which can handle high volume transactions and data.
• Should understand business requirements, challenges and translate them to working solution.
• Independently resolve the technical issues understanding existing code and architecture.
• Demonstrated ability to mentor and coach other engineers, review other engineers work insisting on highest standards.
• Ability to work effectively in a cross-functional team. Influence the cross functional teams in designing the solutions that impact larger organization

Mandatory Qualifications

• Minimum Bachelor’s degree in computer science engineering or equivalent.
• 8+ years of non-internship professional software/product development experience.
• 8+ years of professional experience in design, architecture (reliability and scaling) of new and existing systems.
• Experience in programming/ software development by delivering high quality code in any software programming language.
• Experience in full software development life cycle including coding standards, code reviews, source control managements, operational excellence and CI/CD processes.
• Experience working in an Agile/Scrum environment to deliver quality software at speed

Preferred Qualifications

• Hands-on experience in full-stack software engineering.
• Experience in developing cloud-native applications using Java technologies.
• Hands-On Exposure to Core Java / Collections/ Threading / Memory Management / Spring Core boot /Rest API
• Exposure to MicroServices
• Unix Commands
• DB Objects / DML / DDL /
• System Design / Debugging Skills
• Designing Patterns / Distributed Transaction Management / Java JPA
• Good to have prior experience in Indian Banking segment and/or Fintech.

Education background:

B.Tech

Back End Developer

Key Job Responsibilities

• Independently design and implement complex distributed software using object oriented approach/ technologies.
• Leading ambiguous and undefined technical problems to resolution.
• Design and develop services which can handle high volume transactions and data.
• Should understand business requirements , challenges and translate them to working solution.
• Independently resolve the technical issues understanding existing code and architecture.
• Demonstrated ability to mentor and coach other engineers, review other engineers work insisting on highest standards.
• Ability to work effectively in a cross-functional team. Influence the cross functional teams in designing the solutions that impact larger organization

Mandatory Qualifications

• Minimum Bachelor’s degree in computer science engineering or equivalent.
• 6+ years of non-internship professional software/product development experience.
• 6+ years of professional experience in design, architecture (reliability and scaling) of new and existing systems.
• Experience in programming/ software development by delivering high quality code in any software programming language.
• Experience in full software development life cycle including coding standards, code reviews, source control managements, operational excellence and CI/CD processes.
• Experience working in an Agile/Scrum environment to deliver quality software at speed

Preferred Qualifications

• Hands-on experience in full-stack software engineering.
• Experience in developing cloud-native applications using Java technologies.

ERM

Senior Branch Relationship Manager/Elite Relationship Manager

Location: Aluva, Kottayam.

Designation: Manager

JOB DESCRIPTION

Role-Senior Branch Relationship Manager

• To handle customer service requirements like account opening, DMAT account opening, grievances, liability product selling, and education on product features, cheque book issuance.
• Quality of advice given to customers as determined by customers and supervisor.
• Speed and efficiency of service given.
• Sales targets for bank and investment products. Going beyond the professed need of the customer by providing other products. Enhancement of customer value.
• Cross-sale of assets products.
• Back-up to relationship managers holding HNI relationships.
• Ensure low attrition ratios.
• Customer acquisition through referrals from existing customers.
• Graduates with total experience of 1-3 years with relevant Exp of atleast 1 year in financial services or banks.
• Equal blend of service and sales orientation. In the absence of equality, sales orientation as a skew will be acceptable.
• Experienced customer service candidates from financial services (those from MFund, securities houses etc) with sales orientation can be considered

JOB ROLE:

• Handling personalized service requests of customers.
• Generation of timely business MIS.
• Ensuring strict adherence to compliance, audit and regulatory requirements for customer segment.
• Coordination with CPC/RPC/Investment desks for account opening of customers.
• Managing complaints of customers and ensuring their resolution within TAT.

JOB REQUIREMENT:

• Developing and maintaining banking relationships with a select group of high net worth customers
• Excellent communication skills with customer service orientation
• Courteous and polite.
• Good knowledge of Microsoft excels. Understanding of banking norms and processes.
• Graduation mandatory.
• Minimum 3-5 years of sales/portfolio management experience.