
(Urgent Search) WBO
4 days ago
Job Description
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 andservicesthat abankoffers 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.
AbouttheRole
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
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
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