Job Description

Job Category: KMBL
Degree Level: Bachelor's Degree
:
Assurance Next is a strategic career development initiative aimed at attracting and nurturing mid-career talent across the bank's assurance functions-Internal Audit, Risk, and Compliance.
The program is designed to build future-ready leaders through structured learning, cross-functional exposure, and long-term organizational impact.
Eligibility

• Open to employees across all functions
• Target levels: M2 to M4

Selection Process
Includes an Assessment Test and Panel Interview to evaluate a candidate's potential and alignment with the role, ensuring readiness for a successful transition into assurance functions.
Program Highlights

• Strategic Career Path

Assurance roles offer a unique enterprise-wide perspective, enabling professionals to understand systems, controls, risk frameworks, and interdependencies across the bank. * Leadership Incubator
Though Assurance functions represent a small fraction of the workforce, they contribute significantly to the bank's leadership pipeline, reinforcing their role in grooming future leaders. * Career Mobility
Professionals in Audit, Risk, and Compliance are well-positioned to transition into broader roles, backed by strong foundations in governance, risk management, regulatory compliance, and internal controls. * Cross-Functional Exposure
Assurance professionals engage with senior leaders across business, credit, operations, finance, and technology, gaining holistic insights and strategic visibility. * Professional Growth
Structured rotations, targeted learning interventions, and exposure to enterprise-level initiatives make Assurance Next a fast-track environment for career acceleration.
Internal Audit -

• Conduct end-to-end audits of bank processes and functions.
• Identify control gaps, analyze root causes, and recommend remediation plans.
• Draft high-quality audit reports and manage timely delivery.
• Engage with stakeholders to discuss and finalize audit observations.
• Ensure thorough documentation and alignment with audit standards.

Risk -

• Perform risk assessments across IT, credit, liquidity & market.
• Monitor risk indicators and maintain dashboards for tracking.
• Automation & Implementation controls to mitigate identified risks.
• Collaborate with business units and IT for policy exceptions and approvals.
• Leverage tools like SQL, Python, and Excel for data-driven risk analysis.

Compliance -

• Track and implement regulatory changes from RBI, SEBI, FEMA, etc.
• Advise business and functional teams on compliance matters.
• Review product and process notes from a compliance risk perspective.
• Testing compliance with regulatory guidelines.
• Support stakeholders in maintaining regulatory alignment.

Skills Required