AVP-Escrow Account Operations

18 hours ago


Mumbai, Maharashtra, India Sumitomo Mitsui Banking Corporation (SMBC) Full time ₹ 20,00,000 - ₹ 25,00,000 per year

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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