WBO : CAD - Team Member
INTERNAL USAGE
No of Vacancies1Reports toHead CADIs a Team leaderNoTeam Size1GradeDeputy Manager, ManagerBusinessCorporate CentreDepartmentWholesale Banking OperationsSub-DepartmentLocationAcross locationsAbout Wholesale Banking OperationsThe wholesale banking operations department helps in managing the transaction in the banks Transaction Banking (TB) can be defined as the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (egtrade), monetary flows (eg, cash), or commercial papers (eg, exchanges) Trade Finance Center handles the imports & exports transactions such as BG, LC, Collections, Advance Remittances, Open Account Payments, Trade outward Remittances and routing of SWIFT messagesAbouttheRoleThe Credit Admin team monitors and ensures credit operational activities are carried out as per defined guidelines and within TATMonitoring and ensuring timely updations of Stock Statements, Insurance Policy, ABS, etcLiaising with Vendor teams and ensuring timely and correct execution of Outsourcing ActivitiesEnsuring prescribed TAT and Restricting NFTR within defined limits in handling Stock Statement, Insurance and ABSExercise complete oversight on CAD Monitoring activitiesData Analysis and Publishing Dashboard on CAD Monitoring pendencies and various other dashboards/presentations for Top ManagementConducting periodic review calls with WBO Units and assisting Head-CAD Monitoring in keeping an oversight on all CAD related activitiesEnsure focused approach on reduction and relapse of errors pointed out in Credit Audit, SOX Audit, EGRC, Data Quality, etcLeading all New IT & Automation initiatives for improving operational efficiency and ensuring effective operating rhythmInitiation of Stock and SCF Audits in applicable accounts, obtention of reports from- empanelled vendors, analysis of stock audit reports and its updation, timely COWTD ReportingTimely NPA Collateral value updation in FinacleTimely processing of invoices raised by vendors, recovery & reconciliationLiaising with various stake holders viz SRM, CAM, and Stock Auditors etcQualificationsBachelor s degree in finance, economics, business administration or related field2-3 years of work experience with customer handling and operation profile in BFSI sectorProficiency in Microsoft excel and other data analysis toolsRole ProficienciesKnowledge of banking products and servicesKnowledge of regulatory guidelines and normsGood communication (both verbal and written) skill in both English and the local languageAbility to manage complex client situationsAbility to manage risk and uncertainty for self and team within a dynamic priority-setting environmentAbility to handle pressure and meet deadlines
