WBO : CAD - Team Member

WBO : CAD - Team Member

INTERNAL USAGE:

No. of Vacancies: 1 Reports to: Head CAD

Is a Team leader? No Team Size: 1

Grade: Deputy Manager, Manager

Business: Corporate Centre Department: Wholesale Banking Operations Sub - Department:

Location: Across locations

About Wholesale Banking Operations

The wholesale banking operations department helps in managing the transaction in the banks. Transaction Banking (TB) can be defined as the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges). Trade Finance Center handles the imports & exports transactions such as BG, LC, Collections, Advance Remittances, Open Account Payments, Trade outward Remittances and routing of SWIFT messages.

The Credit Admin team monitors and ensures credit operational activities are carried out as per defined guidelines and within TAT

Monitoring and ensuring timely updations of Stock Statements, Insurance Policy, ABS, etc.

Liaising with Vendor teams and ensuring timely and correct execution of Outsourcing Activities.

Ensuring prescribed TAT and Restricting NFTR within defined limits in handling Stock Statement, Insurance and ABS.

Exercise complete oversight on CAD Monitoring activities

Data Analysis and Publishing Dashboard on CAD Monitoring pendencies and various other dashboards/presentations for Top Management

Conducting periodic review calls with WBO Units and assisting Head-CAD Monitoring in keeping an oversight on all CAD related activities

Ensure focused approach on reduction and relapse of errors pointed out in Credit Audit, SOX Audit, EGRC, Data Quality, etc

Leading all New IT & Automation initiatives for improving operational efficiency and ensuring effective operating rhythm

Initiation of Stock and SCF Audits in applicable accounts, obtention of reports from empanelled vendors, analysis of stock audit reports and its updation, timely COWTD Reporting.

Timely NPA Collateral value updation in Finacle

Timely processing of invoices raised by vendors, recovery & reconciliation.

Liaising with various stake holders viz SRM, CAM, and Stock Auditors etc.

Bachelors degree in finance, economics, business administration or related field

2-3 years of work experience with customer handling and operation profile in BFSI sector

Proficiency in Microsoft excel and other data analysis tools

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

Knowledge of banking products and services

Knowledge of regulatory guidelines and norms

Good communication (both verbal and written) skill in both English and the local language

Ability to manage complex client situations

Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

Ability to handle pressure and meet deadlines