Deadline
Open Deadline
Location
aranasi, Lucknow, Kanpur, Hyderabad, Chennai and Delhi
Salary
The salary will be discussed with the candidate itself.
Details of the Organization
Founded in 1985, Kotak Mahindra Group is a leading financial conglomerate in India. In 2003, its flagship company, Kotak Mahindra Finance Ltd., obtained a banking license from the RBI, becoming Kotak Mahindra Bank Limited. With a consolidated balance sheet exceeding INR 1 trillion and net worth of INR 13,943 crore (approximately US$ 2.6 billion) as of September 30, 2012, the Group offers a comprehensive range of financial services, including commercial banking, stock broking, mutual funds, life insurance, and investment banking. With branches and franchisees across India and international offices in key locations like London, New York, and Singapore, the Group caters to diverse financial needs globally.
Details of the Job/Internship
Kotak Mahindra Bank is actively seeking a Legal Associate for multiple locations including Varanasi, Lucknow, Kanpur, Hyderabad, Chennai, and Delhi.
Role and Responsibilities
- Conducting transaction surveillance activities to detect potential instances of financial crime, such as money laundering, terrorist financing, and fraud.
- Reviewing and analyzing transaction data and customer information to identify suspicious activities or patterns.
- Investigating alerts generated by the surveillance system to determine if they require further action or escalation.
- Liaising with internal stakeholders, including compliance, legal, and risk management teams, to report and address identified issues.
- Assisting in the development and implementation of policies, procedures, and controls related to transaction surveillance and reporting.
- Keeping abreast of regulatory developments and industry best practices related to financial crime prevention.
- Providing training and guidance to staff on transaction monitoring processes and regulatory requirements.
- Collaborating with regulatory authorities and law enforcement agencies as necessary during investigations.
- Generating reports and documentation to support compliance efforts and regulatory filings.
- Contributing to the overall effectiveness of the organization's anti-money laundering (AML) and counter-terrorism financing (CTF) programs.
Eligibility
Experience - 0-2 years
Salary/Stipend
The salary will be discussed with the candidate itself.
Type of Opportunity
Fulltime
Country
India
Address
aranasi, Lucknow, Kanpur, Hyderabad, Chennai and Delhi
Would you like to apply immediately?
Once you apply, the next steps in the application process will be sent to you via e-mail.
