Business Process Manager-HO & SUPPORT-Processes

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Mumbai, Maharashtra, IND
In-Office
Entry level
Fintech • Payments • Financial Services
The Role
Develops and updates retail banking processes based on regulatory, product, and system changes. Coordinates with Compliance, Risk, Product, Legal, and Operations stakeholders; supports branches and management; manages deceased customer claim settlements within defined timelines; routes customer-impacting policies; and resolves channel queries. Requires strong knowledge of branch banking operations, deceased claim processes, regulatory guidelines, process re-engineering, analytical skills, communication, and independent task ownership.
Summary Generated by Built In

                  Position Title  - Team Member – RL PROCESS Team


Department Retail Liabilities – Process Unit Location Mumbai Number of Positions 1 Reporting Relationships Process Manager  Position Grade M4/M5  

 Job Role:

 Job Role



 

  1. Writing detailed comprehensive processes basis changes in regulation, product, system etc  post analyzing risks and responsibilities from all perspectives & ensuring timely release of the same by liaising with respective stakeholders.
  2. Liaisoning with stakeholders like Compliance / Risk / Product / Legal / OPS etc. to gather information.
  3. Identification of existing processes for revision / updation.
  4. Providing tailor made solutions to Branches for specific business requirements.
  5. Provide assistance to product / operations /management. 
  6. The team member will be responsible for ensuring that customer requests for deceased claim settlement are closed within defined TAT of Bank 
  7. Any process / policies affecting Retail Liabilities customers will have to be routed through this Team.
  8. Handling query desk for quick resolution of queries / clarifications raised by channel
         

 Job Role

 

 Job Requirements:


 

  1. Excellent written and oral communication skills 
  2. In depth knowledge about Branch Banking Products, Operations and Processes
  3. Knowledge about Deceased claim related process is mandatory
  4. Summary recommendations from SMEs for process improvements and other findings
  5. Should be able to think proactively for process changes from Business Process Re-engineering perspective
  6. Should be aware of competitive practices.
  7. Knowledge of Regulatory Guidelines
  8. Ability to work and close tasks independently
  9. Strong spoken and written Communication skills 
  10. Assertive attitude
  11. Good analytical skills & eye for details
  12. Keen eye for market intelligence and competition.
  13. Strong follow up ability & keenness to complete tasks
  14. a

 Job Role


 

If you wish to apply for this job position, please fill your details in the Kotak Fast Track Application Form and mail to _________________________________________

Please mention the following in the subject line as ‘”Position Name” –“Your Name” – “Your Current Business group”

 Application:

Skills Required

  • Excellent written and oral communication skills
  • In-depth knowledge of branch banking products, operations, and processes
  • Knowledge of deceased claim-related processes
  • Ability to provide recommendations for process improvements and findings
  • Ability to identify proactive process changes using business process re-engineering principles
  • Awareness of competitive practices
  • Knowledge of regulatory guidelines
  • Ability to work independently and close tasks
  • Assertive attitude
  • Strong analytical skills and attention to detail
  • Market intelligence and competitive awareness
  • Strong follow-up ability and task completion focus

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The Company
HQ: Mumbai
74,097 Employees
Year Founded: 1985

What We Do

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 http://www.kotak.com

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