Kotak Mahindra Bank

Risk Analyst-Corporate-Support Division-Commercial Risk

Kotak Mahindra Bank  •  Mumbai, IN (Onsite)  •  2 months ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

As a Risk Analyst, you will play a crucial role in the bank's risk management framework. You will work closely with the Risk Manager and the wider risk team to develop and implement risk strategies, policies, and procedures. Your responsibilities will include conducting risk assessments, analyzing financial data, and providing insights to support decision-making.
  • Assist the Risk Manager in identifying and assessing risks across various business lines and functions.
  • Conduct in-depth analysis of financial data, market trends, and industry developments to identify potential risks.
  • Develop and maintain risk models and frameworks to support risk identification and measurement.
  • Prepare risk reports and presentations for internal and external stakeholders, including regulatory bodies.
  • Collaborate with business units to understand their risk profiles and provide risk management advice.
  • Monitor and evaluate the effectiveness of risk mitigation strategies and controls.
  • Stay updated on regulatory requirements and ensure compliance with relevant laws and guidelines.
  • Support the implementation of risk management systems and tools, ensuring their efficient use.
  • Conduct risk training and awareness sessions for employees to promote a risk-conscious culture.
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field.
  • Minimum of 2-3 years of experience in risk management, preferably in the banking or financial services industry.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data.
  • Excellent communication and interpersonal skills for effective collaboration with stakeholders.
  • Proficiency in using risk analysis tools and software, such as Excel and risk modeling platforms.
  • Knowledge of regulatory frameworks and compliance requirements in the banking sector.
  • Ability to work independently and manage multiple tasks in a fast-paced environment.
  • Strong attention to detail and a commitment to maintaining high standards of accuracy.
  • Willingness to stay updated with industry trends and best practices in risk management.
  • A proactive and solution-oriented approach to risk identification and mitigation.
Kotak Mahindra Bank

About Kotak Mahindra Bank

About Kotak Mahindra Group:

Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.

The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.

The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore. For more information, please visit the company’s website at https://www.kotak.bank.in/en/home.html

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Mumbai, IN
Year Founded
1985
Website
kotak.com
Social Media