Job Summary
Strategy
GRU being a Risk controlling unit - need to have a lot of understanding on the financial discipline, challenging and enterprising unit. Manage the team deliverables and build a high performing team
Business
Internal/ GL account (suspense and sundry) reconciliations,
Credit Card, Debit card, Asset, ATM, retail branch banking reconciliations
PVB & Wealth operations.
Retail TP system balances vs GL balances validation / reporting and resolving breaks on Customer balances nature of GL.
Processes
1. To handle account reconciliation activities covering.
Internal/ GL account (suspense and sundry) reconciliations,
Stock and Position reconciliations,
Credit Card, Debit card, Asset, ATM, retail branch banking reconciliations
PVB & Wealth operations.
2. Perform error free reconciliation as per procedures (DOI) / Reconciliation Policy using reports from various transaction processing and recon applications. Prior experience of working with TLM (Transaction Lifecycle Management) reconciliation platform would ban added advantage.
3. Handle customer queries and correspondence (both internal and external) and maintain effective working relationships with all departments, country and internal stakeholders including technology teams.
4. Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA / reconciliation matrix, DOIs. Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation break with clear articulation of the requirement and attention from them is a must.
5. Actively look for opportunities to standardize processes and assist TLs and Managers in process mapping and automation / improvement efforts.
Risk Management
Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable.
2. Actively assess risks and potential failure points in the processes handled and help highlight the areas to line managers and risk teams
3.Comply with all applicable rules / regulations and Company & Group Policies.
4. Ensure adherence to all SLAs and proper updation of all logs such as TAT, system downtime, errors and exceptions log.
5. Assist in carrying out BCP tests.
6. Assist in Department & Group related projects.
Regulatory & Business Conduct
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