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    KO

    Kotak Mahindra Bank

    Banking

    Team Member-Support Services Processes-Government Business-TASC-Government Business-Product Manager

    Any, IndiaOn-SiteFull-timePosted 2w ago
    All Kotak Mahindra Bank jobs

    Job description

    Job Purpose

    • To ensure accurate, compliant, and timely scrutiny of account opening, maintenance, and closure requests for Government Departments and Government entities in accordance with RBI regulations and internal bank policies.
    • To mitigate operational and compliance risks through effective document scrutiny, stakeholder coordination, process improvements, MIS reporting, and capability building of business teams.

    Key responsibilities

    • Conduct detailed scrutiny of account opening documentation for Government Departments and other Government entities in accordance with regulatory and bank internal process guidelines.
    • Verify KYC documents, constitutional documents, authorisation letters, government orders, and related records as per the prescribed KYC framework and guidelines.
    • Ensure full compliance with RBI regulations, internal policies, and procedural requirements during account onboarding and maintenance.
    • Review and process account maintenance requests, including addition or deletion of authorised signatories, signature updates, dormant account reactivation, and other account modifications.
    • Scrutinise account closure requests, validate supporting documentation, and ensure all necessary approvals are obtained prior to closure.
    • Liaise with Branches, Government Business Relationship Teams, and RPC Operations Teams to resolve discrepancies and ensure timely processing of requests.
    • Issue welcome letters to the recently onboarded clients
    • Flash MIS to Business team on account opening

    Skills / Knowledge Required

    • Strong knowledge of RBI regulations, KYC guidelines, Government account opening procedures, and banking operational policies related to account lifecycle management.
    • Proficiency in document scrutiny, risk and compliance assessment, stakeholder coordination, MIS reporting, and handling account maintenance and closure scrutiny with high accuracy.
    • Excellent analytical, communication, and problem-solving skills, with the ability to identify process gaps, drive improvements, and deliver training to business teams and stakeholders

    Job details are sourced from the employer's original posting.

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    About the company

    Kotak Mahindra Bank

    Kotak Mahindra Bank is a leading Indian financial services group offering a wide range of banking, financial, and insurance services.

    View all Kotak Mahindra Bank jobs
    Industry
    Banking
    Open roles
    6521

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