COMPLETE CRES:Process Control Team

CRES: Process Control Team

Grade:

Business:

Support Services

Department:�

Corporate Real Estate Services

Sub-Department:

Location:

About Corporate Real Estate Services (CRES)

�         CRES provides support to all business functions on Annual Branch/Office Network Expansion Plan of the Bank, Upkeep & Maintenance of existing branches & offices, Safety & Security and Administration including other Offices like RAC, Currency Chests and Regional Office.

�         The department plays significant role as it deals with multiple internal/external stakeholders including vendors, various business teams and its verticals, F&A, compliance, audit etc. to ensure uninterrupted branch operations and safety of the employees besides implementing the ideas that brings cost & energy efficiencies, reductions to cost of operations and improved turn-around-time

Key Responsibilities

Legal:

- Handling Large Office legal cases

-���������� Attending Arbitration, Court sessions, etc. for any legal case registered in the court of law pertaining to CRES Department

-���������� Co-ordinate with respective stakeholders such as Law Department, Law Firms, etc.

-���������� Handling cases pertaining to non-refund of security deposit by landlords

Property Tax matter at large premise, GE invoices, Annual calculation of CAM rates for GE etc.:

-���������� Co-ordination and liasoning with Municipal authorities for property taxes of CO premises.

-���������� Verify invoices raised for GE are in order and ensure dues are recovered within agreed timeline.

-���������� Verify calculations to arrive at the Annual CAM rates for GE.

Subsidiaries:

-���������� Deal with subsidiaries on offering Bank's premises to them on rent and recovery of rent

-���������� Ensure proper documentation and records in place

-���������� Necessary arm�s length distance to be followed in dealing with subsidiaries.

Process & Audit:

-���������� Updating SOPs for each of the functions of CRES Department

-���������� Review of existing processes on a quarterly basis so as to ensure laid down SOP are followed.

-���������� Attending different types of audit teams such as Internal Audit, RAR, RBS, RBI, etc.

-���������� Assisting the auditors while conducting audit for CRES Department

-���������� Scrutinize the audit report and provide clarification to the auditors to close any gaps in their understanding before they submit the audit report

-���������� Ensure timely closure of audit observations submitted by the auditors

-���������� Ensure necessary measure are taken for all risks tagged in EGRC

-���������� Review the existing risks with segment heads on half yearly basis

-���������� Review amendment in flow charts for process changes and ensure they are properly documented

-���������� Ensure no adverse remarks are received in RBI related matters

-���������� Ensuring CRES alignment on processes with CPT, CAP HUB, CMT

CARO:

-���������� Timely submission of the KRI and RBS Tranche data.

-���������� ORMC

-���������� Ensure to close all matters pertaining to PMC / CMC (Evolve portal)

BUDGET:

-���������� Discuss with all the teams in CRES Department and obtain Budget requirement with proper justification at the begin of Financial Year

-���������� Analyse the requirement in detail and post finalisation with CRES Teams and Head submit to F&A

-���������� Co-ordinate with Finance & Accounts Team for obtaining budgets periodically

-���������� Monitor and control budget allocated to CRES Team under various GLs

-���������� Justify the requirement of budgets to F&A in case of any additional budgets are demanded by CRES Team

-���������� Guiding CRES Team for passing accounting entries in correct GL Heads

-���������� Be the second in line authority to approve OAS and POs raised by respective teams in order to control the budget efficiently

-���������� IPRs raised by CRES Team are duly approved by Budget Team

-���������� Ensure all approvals are as per DOP assigned to the Department and DOPs are mapped in CAP HUB system

-���������� Scrutinise all GL heads and crucify the incorrect entries passed in CRES GL and restore the budget.

-���������� Reconciliation of all GL Heads to identify budget vs actual expense

-���������� Compile and verify the provisions submitted by respective teams before submitting to F&A and ensure invoices are timely processed

-���������� Monitoring and reversal of SL entries related to CRES.

-���������� Obtain NOCs from respective teams and submit to CAP HUB

-���������� Recovery of GST claimed by CRES vendors but not deposited with government

Qualifications

Optimal qualification for success on the job is:

�         Education �Graduate/Post Graduate in Law/Engineering with Good written/verbal communication

�         Experience- 3 � 7 years

Role Proficiencies:

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

�         Knowledge

o   Qualified Graduate/Post Graduate with good command on English

o   Knowledge of MS Office

About Axis

Incorporated in 1994, Axis Bank is one of India�s most trusted banks & the third largest in the private sector. At Axis Bank, customer centricity has always been the foundation of our business. Our efforts to address the requirements of a diverse customer cross-section are powered by robust infrastructure, advanced technology, a comprehensive monitoring & control framework & a large talent pool.

The Bank has a young & engaged workforce of over 70,000 employees, with an average age of 30 years. We are an equal opportunity employer & believe in empowering our employees by offering rich roles, learning opportunities & flexibility to chart their career, their way.