
AVP-Escrow Account Operations
1 day ago
Sumitomo Mitsui Banking Corporation
Job Responsibilities
- Manage Escrow Account Service, Account bank role, TRA accounts
- Vetting of Escrow Agreement.
- Escrow Account Transaction monitoring.
- Co-ordination with multiple stakeholders to ensure timely completion of activity.
- Ensure compliance with regulatory requirements as well as Head Office guidelines.
- Other work allocated by the management from time to time
(a)Knowledge-
Minimum 8-10 years of relevant experience as per below:
- Escrow Agreement vetting
- Knowledge of various type of Escrows like TRA, RERA etc
- Escrow Account Opening and Monitoring. Allowing transactions as per budget, milestone etc.
- Knowledge of RBI guidelines on KYC requirement for account opening.
- Process account opening and maintenance.
(b) Skills :- Knowledge of PowerPoint and excel
(c) Experience - Minimum 7-10 years of relevant experience in Escrow accounts operation in Banks.
(d) Qualifications -Bachelors/Masters
Responsible for Managing/processing Escrow Account Service, Vetting of Escrow Agreement, Escrow Account Transaction monitoring,KYC and, A/C opening etc
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