WBO : CAD - Team Member | AxisBank Job

The 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 (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., 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 messages.

�  Monitoring and ensuring timely updations of Stock Statements, Insurance Policy, ABS, etc.

�  Liaising with Vendor teams and ensuring timely and correct execution of Outsourcing Activities.

�  Ensuring prescribed TAT and Restricting NFTR within defined limits in handling Stock Statement, Insurance and ABS.

�  Exercise complete oversight on CAD Monitoring activities

�  Data Analysis and Publishing Dashboard on CAD Monitoring pendencies and various other dashboards/presentations for Top Management

�  Conducting periodic review calls with WBO Units and assisting Head-CAD Monitoring in keeping an oversight on all CAD related activities

�  Ensure focused approach on reduction and relapse of errors pointed out in Credit Audit, SOX Audit, EGRC, Data Quality, etc

�  Leading all New IT & Automation initiatives for improving operational efficiency and ensuring effective operating rhythm

�  Initiation of Stock and SCF Audits in applicable accounts, obtention of reports from��� empanelled vendors, analysis of stock audit reports and its updation, timely COWTD Reporting.

�  Timely NPA Collateral value updation in Finacle

�  Timely processing of invoices raised by vendors, recovery & reconciliation.

�  Liaising with various stake holders viz SRM, CAM, and Stock Auditors etc.

�         Bachelor�s degree in finance, economics, business administration or related field

�         2-3 years of work experience with customer handling and operation profile in BFSI sector

�         Proficiency in Microsoft excel and other data analysis tools

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

�         Knowledge of banking products and services

�         Knowledge of regulatory guidelines and norms

�         Good communication (both verbal and written) skill in both English and the local language

�         Ability to manage complex client situations

�         Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

�         Ability to handle pressure and meet deadlines