Job Description

Onboarding and Pre-Onboarding checks: Conduct thorough due diligence and risk assessments for new exchange houses and correspondent banks during the onboarding process. Ensure all necessary documentation and agreements are in place and compliant with the policy framework.
Post-Onboarding Monitoring: Perform regular post-onboarding reviews to ensure ongoing compliance with credit policies and regulatory requirements. Monitor transaction activities of the onboarded exchange houses and correspondent banks, identifying and addressing any deviations from the established policies and ensuring adherence to regulatory requirements.
Vostro Account Monitoring: Periodic monitoring & reporting of Portfolio quality on various dimensions to respective stakeholders. Identify and monitor any early warning in Portfolio health
Policy Compliance: Interaction with various team including business/product/credit/operations/legal/compliance/technology/audit. Ensure compliance with all relevant financial regulations, policy guideline and standards including anti-money laundering (AML) and KYC requirements. Conduct portfolio review on regular basis , note the action, coordinate and execute the actionable.
Conduct periodic audits and reviews of exchange house transactions and vostro accounts to identify and mitigate any risk, ensuring adherence to internal policies.
Prepare monthly dashboard and MIS
Process Improvement: Identify opportunities for process improvements to ensure accurate, thorough data is available to support high quality analysis. Implement best practices and innovative solutions to enhance the efficiency
Key Skills: Onboarding of Exchange House
Correspondent Banking relationship,
Risk Appetite framework of all products
Vostro Account Monitoring
Location: Mumbai
Required Experience: 7-8 yrs
Positions: 1
Contact Person: Mamta Chauhan
Email ID: mamta.chauhan@v-konnect.com