Executive - Clearing Operations

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:
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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

Work arrangement
No