Operations Team Member

Kotak Mahindra Bank

1 - 6 years

3 - 4 Lacs

mumbai

Posted:1 month ago| Platform:

Apply

Skills Required

team operations query resolution team management senior management finacle customer service operations accounting entries team coordination auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are looking for a dedicated and experienced professional to join our Clearing Operations team as an Authorizer
The role involves managing inward and outward cheque processing, coordinating with branches and vendors, and ensuring compliance with regulatory and internal guidelines
The candidate will be responsible for verifying physical and system-based cheque transactions, handling IPO ASBA applications, and maintaining accurate MIS and audit records
This position requires strong operational knowledge of banking systems (especially Finacle), familiarity with the Negotiable Instruments Act and CTS guidelines, and the ability to manage vendor relationships and team coordination
The ideal candidate should be proactive, detail-oriented, and capable of handling audit and compliance requirements effectively
Verify inward and outward cheques in the vendor system
Coordinate with branches, internal departments, and other banks for query resolution and settlements
Check physical cheques against HOCDL reports
Process transfer cheques accurately
Maintain daily MIS and operational records
Coordinate with vendors and the record management team
Handle inward and outward returns processing
Dispatch outward cheque returns and coordinate with branches and courier agencies
Manage returned to origin (RTO) cases from courier services
Process IPO ASBA applications and perform sign verification
Monitor discrepancies in payee names and resolve branch queries
Post accounting entries in Finacle
Handle audit and compliance requirements for the location
Coordinate with vendor agencies and manage team operations
Ensure adherence to NI Act and CTS guidelines
Ensure transactions are processed within SLA and as per approved procedures
Follow maker-checker processes without exceptions
Provide effective customer service and manage escalations
Publish dashboards and MIS reports to senior management
Ensure timely weekly, fortnightly, and monthly reporting

More Jobs at Kotak Mahindra Bank

Sales Team member - Business Correspondent-SUPPORT SERVICES-HO Financial Inclusion

Vadodara, Gujarat

Experience: Not specified

Salary: Not disclosed

Gold Loan Relationship Officer-LOANS AGAINST GOLD-Marketing Branches Operations

Vadodara, Gujarat

Experience: Not specified

Salary: Not disclosed

Gold Loan Relationship Officer-LOANS AGAINST GOLD-Marketing Branches Operations

Surat, Gujarat

Experience: Not specified

Salary: Not disclosed

Service Officer-BRANCH BANKING-Branch Banking

Mahendragarh District, Haryana

Experience: Not specified

Salary: Not disclosed

Operations Executive-SUPPORT SERVICES-Operations

Ahmedabad, Gujarat

Experience: Not specified

Salary: Not disclosed

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.