Executive - Clearing Operations

Job description

Job Requirements Role/ Job Title: Executive – Clearing Operations Function/ Department: Wholesale Banking Operations Job Purpose: 'Monitor and execute payment process. Verify all transactions have been executed in a timely and accurate manner. Roles & Responsibilities: ' • Should understand Regulatory and Banking environment • Basic Know how of CTS Function • Ensure all clearing (Inward, Outward, Returns) and NAC Destination mandates / transactions are managed and processed within agreed TAT. • Responsible for monitoring reconciliation and ageing of all suspense accounts on a timely basis • Responsible for error free operations • Nil Regulatory penalties • Require basic relationship building skills to maintain effective relationships with Internal and External Stake holders • Responsible for handling clearing related Vendors, monitor SLAs for Vendor and other clearing products • Responsible for timely updation and submission of MIS and reporting of all clearing products • Responsible for coordination with internal and external stake holders and Member Banks Educational Qualification: Any Graduate or Postgraduate Experience: 0 to 3 years preferably in Banking Industry