Am/avp - Trade Operations (Large Multinational Bank)

**OPERATIONS MANAGEMENT AND CONTROL**:

- Handle, Trade, Remittance and E/IDPMS activities at the Branch, with due adherence to the applicable regulations, processes and procedures, thereby keeping a strict vigil on operational risk and being compliant on compliance and vigilance matters.
- To ensure a clean audit report, Concurrent, IG, RBI, flying squad et al and close all the recos before the due date and ensure that no recurrence is observed
- To ensure that all reconcilable accounts - Nostro, E/IDPMS BREAKS, sundry, transit, OMR et al are reconciled in time. Rigorous follow-up and clearance of the pending reco items if more than a week
- To avoid transactional errors and loss (actual or potential) to the Bank. To ensure that all incidents and client complaints are reported with full transparency in line with our internal guidelines and controls implemented to avoid the recurrence
- To ensure that Bank//'s guidelines are followed effectively
- To ensure that all daily commitment/transaction entries captured and expired commitments reversed promptly
- Branch procedures should be promptly reviewed daily and exceptions acted upon.
- Reconcile with Inward mail Register to ensure that there are no pending trns at EOD.
- Ensure safe desk policy at all times
- Participate in BCP/CalL tree tests on time,
- Review access rights periodically
- Review Branch SOPs to align to approved internal practices.
- Ensure timely OCM controls, ORUS & BEACON signoffs
- Bring Direct contribution to operational permanent control framework.
- Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
- Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
- Comply with internal and external regulatory and compliance requirements
- Think Smart and be risk averse. Come forward to share best practices for other Branches and implement strong controls.
- Comply with the IT Security policies.

Achieve Productivity Objectives and Savings, Achieve Process Efficiencies by innovating
- Support Management through sustained productivity increase and implementation of Global /regional initiatives such as TOM / lean project etc.
- Innovations suggested in process improvements within the branch to improve the client TATs and satisfaction.
- Effective co-ordination with other stake holders for process improvements
- Support and encourage job rotations between teams to increase staff awareness / exposure / networking within ITO + to break silo between teams and increase multitasking skills
- To encourage staff to innovate to improve automation and reduce paper & electricity consumption

**Anti-Money Laundering / Financial Sanctions (/"AML / FS/")**

/"Operations are an integral part of the control framework including AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Local requirements, Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision to the relevant authority./"

**MISC. JOBS**:

- Assist in any other job requirements as assigned by the Branch Manager from time to time. In case of absenteeism, act as a back-up to the official handling other areas/functions

2-5 years of Trade experience.

Bachelor Degree or equivalent (3 years)
- Banking Law & Practice
- Product knowledge
- Internal Policies and Procedures
- Guidelines & Compliance
- PC Skills
- Internal Accounting Systems
- Interpersonal Skills
- Communication
- Teamwork
- Self-development.