Mohd Taufik

• Performing risk-based assurance testing for multiple functions within organization focusing on regulatory & statutory compliance, Internal compliance and business process review to highlight non-compliance and process gaps, deficiencies.
• Highlight and discuss the issues, observation with concerned stakeholders of function and management to agree on appropriate action and plan, ensure that they understand the issue and their ownership of compliance.
• Preparing and submission of banks crucial return like CRILC, RLC, RAQ, BSR7, PPI, BBPS, MPFI, Cards Reporting and NPS, APY reporting to regulators like RBI, PFRDA & NPCI periodically Monthly, Quarterly, Half Yearly & Annually.
• Handling regulatory data inquiry on reporting from regulators and audit inspection based on requirement.
• Handling functional and hierarchical escalation from regulator and resolve the observation based on the parameters that triggered the escalation.

KEY RESONSIBILITIES - ( Payment & Settlement ) 6 Months

• Preparation reconciliation of digital payment like UPI, IMPS, BBPS, liquidity reporting of NEFT & RTGS transaction.
• Preparation of compliance return of FasTag PPI, BBPS and reporting of digital payment Index for regulatory reporting

• Verification and checking of account opening forms and adherence of KYC to compliance
• Supervise teller desk responsible for cash and customer transaction and maintain the cash up to cash retention limit (CRL).
• Lockers Allotment, Petty Cash Management, Customer Committee as per process notes and SLA.
• Handling total operational work in Branch like preparing monthly reports, bill payment, cash management, Petty cash management, Customer committee and follow all RBI policies, Compliance and Circulars.
• Assisting the auditor during routine audit inspection and compliance check.

• Processing Inward cheques Instruments for north zone of Kotak Mahindra Bank.
• Co-ordination with branches and corporate client for pending files of cheque clearing.
• Co-ordination with branches if any technical error found during clearing of cheque process on approval basis.
• Coordination with CMS vendor for cheque pickup and delivery of return cheques
• Preparation of clearing MIS for internal circulate within the department to track the service level.