Senior Manager-Payment Ops-Clearing

1 week ago

Bengaluru, Karnataka, India Mashreq Full time ₹ 12,00,000 - ₹ 36,00,000 per year

  • The incumbent is responsible for managing the end-to-end processing of all Cheques/PDC/FCY collection cheques / Payroll & Cash Management Services.

  • The role requires close liaison with technology partners, onshore managers and Mashreq technology teams to effectively handle automaton projects in Clearing, CMU ,.PDC and Payroll

  • Monitoring BOT aberration and STP rates and report any delta observed to the concerned team. The incumbent is responsible for getting the aberrations fixed, conducting UAT and getting it deployed in production.

  • Actively participate in various automation projects and involve in UAT for Clearing projects about STP improvement, BOT error reduction and exploring new areas of automaton within ambit of Clearing, PDC and CMU.

  • Monitor signature aberrations in inward clearing and liaise with concerned teams for maximizing the auto rates by improving the extraction of cheque signatures and thereby reducing manual activity.

  • Participate from time to time in other implementation projects as stipulated in management viz – implementation of clearing setup in IBG location, implementation of new Flex module in UAE etc.

  • Ensure accurate and efficient processing of all inward and outward cheques presented for clearing.

  • Take immediate decisions on issues that come up given the tight cut-offs from the Central Bank for Clearing.

  • The position is responsible for the Post-Dated Cheque unit that houses > 1 million instruments.

  • All (Inward/Outward) customer salaries sent/received from other banks must be processed by Payroll Unit.

  • This position is responsible to ensure accurate and efficient processing of Cash Management Products bank wide.

  • Manage the MGN Processing Center that caters to Clearing / Payroll / Cash Management Services / Cash Pool out of India, Pakistan & Egypt.

  • The position is also responsible for proposing and implementing improvements in the workflow of the Unit.

  • Staff welfare, work-life balance and training for staff in this unit are the responsibilities of this position.

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