Operations Team Member-OPS-CMS Operations

23 hours ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 5,00,000 - ₹ 10,00,000 per year
Description
As an Operations Team Member, you will be responsible for overseeing the smooth functioning of payment products and related processes. This role involves a deep understanding of regulatory guidelines, efficient transaction processing, and effective customer service. You will work closely with various teams to ensure timely delivery and resolution of issues, contributing to the overall success of the bank's operations.

Responsibilities
  • Manage and process payment products, including NEFT, RTGS, and IMPS, ensuring compliance with regulatory guidelines.
  • Process offline files through different systems and understand accounting entries for various payment methods.
  • Perform end-to-end control checks during processing and efficiently reconcile pool accounts.
  • Publish daily MIS reports to senior management, including reconciliation and settlement process updates.
  • Liaise with IT and BSG teams to address system issues and ensure smooth operations.
  • Ensure timely and efficient customer service, managing escalations and maintaining high standards.
  • Follow defined maker-checker processes and obtain approvals for any deviations.
  • Analyze transaction volumes and processes, generating weekly/fortnightly/monthly reports.
  • Maintain a meticulous eye for detail in transaction processing and escalate any discrepancies.
  • Stay updated with banking applications and technical competencies, such as Finacle and MS Office.
Qualifications
  • Market knowledge of Payment Products and applicable regulatory guidelines is essential.
  • Product knowledge of NEFT, RTGS, Internal Transfers, and IMPS is required.
  • Strong technical competencies in banking applications, including Payment Products and Finacle.
  • Excellent communication and interpersonal skills, with the ability to adapt and multi-task.
  • Quick learner with the capacity to understand complex systems and processes.
  • Logical and methodical approach to executing transactions and analyzing data.
  • Meticulous attention to detail in processing transactions and generating reports.
  • Experience in a similar operations role, preferably in the banking industry, is preferred.
  • A degree in a relevant field, such as finance, business, or a related discipline.
  • A proactive and entrepreneurial mindset, with a focus on continuous improvement.

  • Operations Team Member-OPS-CMS Operations

    20 hours ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

    DescriptionWe are seeking a detail-oriented and technically proficient Operations Team Member to join our CMS Operations team. The ideal candidate will have strong domain knowledge of payment products, regulatory guidelines, and banking systems. This role involves managing end-to-end transaction processing, reconciliation, MIS reporting, and ensuring...

  • Operations Team Member

    1 week ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 50,00,000 - ₹ 1,50,00,000 per year

    Operations Team Member-OPS-CMS OperationsWe are seeking a detail-oriented and technically proficient Operations Team Member to join our CMS Operations team. The ideal candidate will have strong domain knowledge of payment products, regulatory guidelines, and banking systems. This role involves managing end-to-end transaction processing, reconciliation, MIS...

  • Operations Team Member

    6 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 4,00,000 - ₹ 12,00,000 per year

    Operations Team Member-OPS-CMS Operations This role involves managing end-to-end transaction processing, reconciliation, MIS reporting, and ensuring compliance with internal controls and service level agreements. The candidate will be responsible for executing transactions across NEFT, RTGS, IMPS, and internal transfers, maintaining pool account...

  • Operations Team Member

    1 day ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 2,50,000 - ₹ 7,50,000 per year

    Operations Team Member-WBG OPERATIONS (OPS)-Commercial Operations Kotak Mahindra Bank Job Role •Verification of executed legal documents as per Documentation Grid released by the legal team from time to time & Sanction Letter / Term Sheet issued by the business / credit team. •Stamp Duty as per Legal Stamp Duty Grid is adhered too. ...

  • Clearing Operations Team Member

    2 weeks ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 4,00,000 - ₹ 8,00,000 per year

    Operations Team Member-OPS-CMS Operations Team Member – Clearing Operations (Authorizer) :-Inward and Outward Cheque verification in vendor system. Co-ordination with branches/inter departments and other banks for handling queries and settlements. Physical cheques checking with HOCDL report. Transfer cheque processing. Maintaining daily MIS ...

  • Operations Team Member-WBG OPERATIONS

    20 hours ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

    DescriptionWe are looking for a meticulous and proactive Operations Team Member to join our Commercial Operations team within the Wholesale Banking Group (WBG). The ideal candidate will be responsible for verifying legal documentation, maintaining operational records, and ensuring compliance with internal and regulatory standards. This role demands strong...

  • Team Member-AP OPS-OPS-Accounts Payable Operations

    16 hours ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    DescriptionAs a Team Member in AP OPS, you will be responsible for ensuring accurate and timely processing of accounts payable transactions. Your role will involve working closely with various teams and stakeholders to maintain efficient operations. This is an exciting opportunity to join a dynamic team and contribute to the bank's financial...

  • Accounts Payable Operations Team Member

    4 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 3,50,000 - ₹ 6,00,000 per year

    Team Member-AP OPS-OPS-Accounts Payable Operations (AP OPS)Accounts Payable-Job Description Good Knowledge & understanding of accounting Good Knowledge of GST/TDS and their compliances Good Knowledge about Bank recons Good understanding of financial concepts and portfolio theory Good Hands on Knowledge of MS office (Excel , Word & PPT) Good communication...

  • Operations Team Member

    1 week ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Operations Team Member-Liability Operations-RPC Operations The Operations Team Member – Liability Operations is responsible for handling documentation and service requests (SRs) related to liability products across branches. The role requires strong attention to detail, timely processing within defined TATs, and effective communication with branch teams...

  • Operations Team Member-WBG OPERATIONS

    12 hours ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    DescriptionKotak Mahindra BankJob Role•Verification of executed legal documents as per Documentation Grid released by the legal team from time to time & Sanction Letter / Term Sheet issued by the business / credit team. •Stamp Duty as per Legal Stamp Duty Grid is adhered too. •Limits & Collateral Maintenance. •CERSAI Maintenance. (Charge Creation...