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AB

WBO:Treasury Operations:Forward Contract Operations - Team

Axis Bank
🇮🇳 India
On-site
2 weeks ago
  • SOX
  • CRM

Not enough detail in this posting to match

WBO:Treasury Operations:Forward Contract Operations - Team
INTERNAL USAGE:
No. of Vacancies: Reports to:Treasury Operations: Head - Fx Interbank & Merchant/Overseas/Non-SLR/ Bullion
Is a Team leader?NTeam Size: 
  
Grade:MGR/SM
Business:Corporate CenterDepartment:�Wholesale Banking OperationsSub-Department:WBO - TO
Location: CO - Mumbai
About Treasury Operations
Treasury Operations handles all the operational activities for Treasury Products. The department is responsible for smooth functioning of deal acceptance, verification, settlement, accounting valuation, reconciliation and MIS relating to all Treasury Products for Domestic as well as international branches. They are also responsible for payment via RTGS and NEFT as well as custodial services which includes custody settlement, client onboarding and fund accounting.
AbouttheRole
The team is responsible for ensuring processing and settlement of Forward Contract transactions and Reconciliation of these accounts
Key Responsibilities

�        Adhere to prescribed TAT for across the product line

�        Timely compliance of SOX & Credit Audit with closure of observations

�        Drive Digital Initiatives for smoother operations and reduction in turnaround time and improve efficiency

�        Meet the defined EGRC Score, Well Controlled Processes & % Controls Automated

�        Effective co-ordination with WB Service team, CBO, WBP & Business departments and guidance to branches, monitoring of Compliance Pending, Non Compliance Queue, Interaction IDs in TALISMA/CRM, Outstanding entries in office accounts and Closure of these cases promptly

�        Reduction of NFTR within defined limits

�        Zero loss due to frauds & operational risks and take preventive measures

�        Error-free processing of transactions

�        Achieve defined %age NSTP automation and improve productivity

�        Ensure error free transactions resulting in zero loss of revenue

�        Guide & train team members to manage activities efficently

Qualifications

Optimal qualification for success on the job is:

�        Graduate/ Post graduate from a recognized institute

�        2-5 years of relevant work experience

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

�        Knowledge of industry and product trends

�        Knowledge of regulatory guidelines and norms

�        Good communication (both verbal and written) skill

�        Ability to handle pressure and meet deadlines

�        Basic Knowledge of Forex - Nostro, Vostro

 

 

WBO:Treasury Operations:Forward Contract Operations - Team · Axis Bank

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