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 About the Role The Credit Admin team monitors and ensures credit operational activities are carried out as per defined guidelines and within TAT Key Responsibilities 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 Qualifications Bachelor s 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 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