International Banking:Overseas - Corporate Banking Operations

About GIFT City IBU

· IFSC Banking Unit (IBU), GIFT City is a deemed offshore Unit of the Bank and is treated at par with its other

overseas branches.

· IBU, GIFT City is primarily engaged in providing foreign currency denominated financial services/products to non-

resident (both individuals, entities). It can also extend services to residents but only to the extent permitted as

per FEMA regulations.

· Axis Bank Ltd had set up the IBU in 2017 and it has since rapidly scaled up in terms of its market presence,

balance sheet and products. It presently has corporate banking, trade, retail& wealth, treasury and capital

market desks with an independent dealing room and operations team.

About the Role

· Efficient handling of transactions for both internal and external customers and attending to customer queries.

· Onboarding of non-face to face Corporate clients and to ensure compliance of KYC/AML guidelines

· Processing of Interest and Principal demand for the corporate clients

· Reporting & Submission to DATA/MIS to internal and external customers

Key Responsibilities

· To onboard FI, Corporate after ensuring AML / KYC Compliance as per RBI/IFSCA guidelines

· Timely dispatch/recovery of interest and principal demand notices in respect of all corporate credit accounts,

ensuring recoveries including syndicated loan transactions where the Branch is the facility agent or lender.

· Monitoring and ensuring regular remittance from client against due demands and flagging off any discrepancy to all

stake holders Timely Remittance of due funds so collected from client on behalf of other lenders as per agency

function

· Maintain quality of data populated in Finacle. Correct set up of limit nodes and accounts in Finacle.

· To maintain customer relationships and to provide services within the defined TAT

· To ensure correctness of entries in the system, verification, Voucher maintenance and record keeping

· Engaging with concurrent and internal auditors for resolution of queries

· establishing various enablement's by identifying process gaps, testing UATs, getting approved BRDs and final

implementations in the required system/application/process

· Any other role assigned by Supervisor

Qualifications

Post-Graduation /MBA

1-5 Years’ experience in Branch Operation/Retail Banking/Loan center/Treasury operation etc.

Role Proficiencies:

Must have a good understanding of KYC/AML and Regulatory guidelines. Basic knowledge of

Forex, Credit and Trade Finance would be preferred

Ability to handle customers with good persuasion skills

Good verbal communication & Drafting skills

Proficiency in MS Office, Excel, and Power point