Officer-Transaction Banking Operations

Corporate 1100-Corporate Office, Bangalore, Karnataka, India





Department
CORPORATE PAYMENTS AND SETTLEMENTS

Job posted on
May 03, 2024

Employee Type
Permanent

Experience range (Years)
0 - N.A.







I. POSITION DESCRIPTION




JOB TITLE

Officer-Transaction Banking Operations

GRADE

DM-I




DEPARTMENT

Operations

LOCATION

RO/HO/Corporate




SUB-DEPARTMENT

Transactions Banking (TB-Ops)

TYPE OF POSITION

Full-time




REPORTS TO

Specialist/Manager-TB

REPORTING INTO

NA







II. ROLE PURPOSE & OBJECTIVE



1. Perform day to day Operation activities of Transaction Banking. 2. Execution of Financial Transaction within cutoff time.






III. SIZE OF THE ROLE



FINANCIAL SIZE

NON-FINANCIAL SIZE

• All Transaction have financial impact & any delay in processing will lead to impacting the customer and Bank.

• Validating clearing settlement account with sponsor Bank and time reconciliation.

• 
  

• Processing Inward and Outward Clearing cheques

• MIS reporting to various stakeholders.

IV. KEY DUTIES & RESPONSIBILITIES OF THE ROLE



1. Business/ Financials

• To process CTS Clearing within cut-off

• To carryout financial transaction without Errors

• Preparation of Bank Reconciliation Statement

• Processing of bulk upload files.

• Surplus fund pooling from other bank accounts within cutoff

• Validating and accounting Bank/CMS charges entries

• Reconciliation of internal GLs and Cashless repayment

• Reconciliation of CMS Partners GLs

• Daily MIS preparation and publishing

2. Customer (Both Internal & External)

• On time processing customer/branch requests

• Nil escalation to seniors

• Support to branches in resolving customer queries/disputes related to transaction banking ops.

• Coordinate and support other departments in Operations

3. Internal Process

• Daily reconciliation of internal Control accounts/Office GLs

• Support in Unit Audit

• Daily physical Voucher preparation and maintenance

• Support unit in timely conducting BCP of critical Ops activities

4. Innovation & Learning

• Mandatory Training modules completion within stipulated timelines.

• Having domain knowledge on processes.

V. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS




Educational Qualifications

Graduation preferable in commerce




Experience(Years and Core Experience Type)

2-3 years have the experience in Banking Operation




Certifications

NA




Functional Skills

Possess the experience in Banking Operation, CTS clearing, CMS, Retail Forex, Reconciliation etc.





Behavioral Skills

Good writing and oral communication skill. Good Team player.




Competencies

Expertise in Excel, knowledge in Banking application Finacle and CRM






VI. KEY INTERACTIONS



INTERNAL

EXTERNAL



Business/Branches

Other Banks/CMS Vendor





PREPARED BY : VIDYASAGAR SVN

DATE : 29-12-2023



REVIEWED BY : Rajaneesh HR

DATE : 29-12-2023