Rb-ls:digital Proposition, Product And Compliance

Digital Proposition Product and Compliance - RTFx INTERNAL USAGE No of Vacancies 1 Manager Head - RTFX channel Is a Team leader N Team Size NA Grade AVP Business Retail Banking Department Retail Forex Remittances Sub-Department RTFx Location CO Variable Component NA About Retail Forex Remittances The Retail Forex Remittances is in the space of providing service and solution to Retail Customers - Individuals and Non-Individuals in respect to Forex and Trade requirements RTFx is a sub-division within the Unit that deals in offering Trade Fx services to non-credit customers both non-individual and individuals About the Role Product Proposition and Compliance for RTFx Business spearheads the overall proposition and compliance for the Business The role acts as SPoC for providing solutions to Branch and Sales competition benchmarking on product process and business define process for compliant business and ensure adherence Key Responsibilities - Trade - Product Manager Identifying areas of Digital initiatives to ensure manual process are embedded into systems Holding consultation relevant stakeholders in Technology Team giving requirement walkthrough and single point of contact for UAT Pilot rollout and Post production support and functional walkthrough to end users Maintain repository of all product processes and operational guidelines for creating awareness at branches and resources for improving customer delight Maintain information on competition practices for RTFx segment across product and process and suggest alignment where required to create customer delight Review compliance aspects such as outstanding s in EDPMS IDPMS and drive the agenda through branches and RFR Sales to clear the same Review discounts on pricing of both Fx margin and Trade commission in discussion with Treasury WBP To check quality content of Site Visit Report on sample basis for customers having frequent compliance pendency s taking appropriate step for transacting with these customers To send customer level s to sales team on suspicious transaction for Trade Non-Import base and thereby by Di-risking portfolios with principal objective of controlling it To collate responses from the sales team on various Audit s and analyse the same with respective products and revert to Audit To do root cause Analysis RCA of Audit s and suggest changes required on process communication customer selection industry segment catchments Preparing publishing Newsletters on latest product development launch with related process flow documentations hence ensuring smooth understanding by sales team To monitor collection updating of Bills of Entry Shipping Bills ensuring knocking off the same in RBI s IDPMS EDPMS data Maintaining active repository of clients with reasoning of BOE out standing frequent SB pendency s Conducting regular Regional meetings with sales team on various aspects like reduction of compliance pendency educating team on latest development on Trade products digital launch of product etc Co-ordination with internal departments like Treasury Audit Operations and internal business associates for providing solutions on queries providing solution for trade product to sales team Master maintenance of Suspisious transactions and related case studies Qualifications Optimal qualification for success on the job is Graduation 15 years of Banking experience 10 years in Trade Forex Role Proficiencies For successful execution of the job the candidate should possess the following Multitasking Good communication both verbal and written skill in both English and the local language Excellent operational skills Ability to handle pressure and meet deadlines Ability to work successfully as a part of a team Need to have good presentation skills and high standards of integrity Stakeholder management Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses