Operations Manager-Banking
1 day ago
Key Responsibilities:
1. Operational Management ● Supervise and manage daily operations related to outward remittances, including education fees, living expenses, maintenance, gifts, medical treatment, and other permitted purposes under the Liberalised Remittance Scheme (LRS). ● Ensure accurate verification and processing of Form A2, LRS declarations, and supporting documents. ● Authorize transactions in line with internal approval limits and RBI guidelines. ● Monitor TT (Telegraphic Transfer), Wire Transfers, and SWIFT message creation and reconciliation. ● Ensure proper filing, maintenance, and audit readiness of all transaction-related documents.
2. Regulatory & Compliance ● Ensure strict adherence to FEMA, RBI Master Directions, AML/KYC norms, and internal compliance policies. ● Coordinate with the Compliance Officer for screening against sanction lists (UNSCR, OFAC, EU, PEP) before processing transactions. ● Regularly update team members on new circulars or amendments issued by RBI. ● Assist in internal, concurrent, and statutory audits and ensure timely closure of audit observations.
3.Coordination & Stakeholder Management ● Coordinate with banks (AD Category-I) for fund settlements, discrepancy resolution, and swift credit to beneficiaries.
Job Types: Full-time, Permanent
Pay: ₹55, ₹65,000.00 per month
Work Location: In person
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