We have an opening for the Operaton head Position for the Bank for Noida Branch
vertical - Branch Banking
CTC - Best as per the Industry Standards
ob DescriptionBanking Operations
Branch Operations Management :
Review of all Daily Reports and Registers on daily basis.
Authorization of all morning corporate transactions by overriding the various exceptions.
RTGS/NEFT (Indian remittance system) Authorization and its monitoring for settlement by EOD.
Authorization of Cheque Stop payment and Account closure and its review on fortnight basis.
Review of Large Cash Transaction on daily basis and their updation in respective registers along with the customer letter and profiling for all cash transaction value 10 lakh and above.
Review and monitoring of all cash transaction for Rs.49000/- and above where Permanent Account Number (As per Income Tax Authority of India) is not updated.
Review of Dormant/Inoperative Account on daily basis.
Verification of all customer request received during the day in the branch.
Handling and verification of all branch security items like Pay order, loose cheque books, Foreign currency draft, travellers card, various kind of instant account opening kits & depository stationery etc.
Branch deliverables management and verification which includes return debit cards , cheque books ,new account welcome kits.
Branch Level Reconciliation & Monitoring :
Reconciliation and review of branch internal account used for fund parking for opening of various kind of accounts like saving, current & fixed deposit.
Daily monitoring of branch internal account where fund received from other branches for processing of various kind of transaction at branch level.
Monitoring of monthly submission branch report to circle/corporate office.
KYC , Audit & Compliance :
Adherence of KYC guideline given by the bank and ensure of non violation of any laid down process for account opening discrepancies.
Focus on Re-KYC completion of identified customers well within TAT.
Effectively Support Branch Audits by Internal, External, Concurrent auditors.
Responsible for implementation of process, policies as per guidelines & audit rating of the branch.
Ensure to resolve the audit findings.
Implement & conduct self-audits in the branch (e.g. Surprise verification of cash or deliverables or any desk etc.) are conducted and any anomalies are brought to the notice of branch senior management along with mitigating steps initiated.
Responsible to ensure the each branch member must adhere the process & policies laid down by the bank.
Ensure continuous monitoring of key risk indicators for branches, and implement control measures
Support implementation of all initiatives initiated by HO towards overall Operations risk management and Fraud Prevention & control.
Statutory Authorities Compliance/Notice adherence :
Ensure for timely submission of all required information required by any statutory authority like Income tax, Police, Cyber Crime Cell, Director of Enforcement, DRI etc.
Ensure to comply all laid down process while providing information to any statutory autganhority.
Salary: INR 6,00,000 - 9,50,000 P.A. Best as per the industry standards
Industry: Banking / Financial Services / Broking
Functional Area: Financial Services, Banking, Investments, Insurance
Role Category: Mutual Funds/Fund Management/Asset Management
Role: Operations Manager
Employment Type: Permanent Job, Full Time