Executive - Clearing Operations

Job Requirements

Role/ Job Title: Executive – Clearing Operations

Function/ Department: Wholesale Banking Operations

Job Purpose: Monitor and execute payment process. Verify all transactions have been executed in a timely and accurate manner.

Roles & Responsibilities

• Should understand Regulatory and Banking environment
• Basic Know how of CTS Function
• Ensure all clearing (Inward, Outward, Returns) and NAC Destination mandates / transactions are managed and processed within agreed TAT.
• Responsible for monitoring reconciliation and ageing of all suspense accounts on a timely basis
• Responsible for error free operations
• Nil Regulatory penalties
• Require basic relationship building skills to maintain effective relationships with Internal and External Stake holders
• Responsible for handling clearing related Vendors, monitor SLAs for Vendor and other clearing products
• Responsible for timely updation and submission of MIS and reporting of all clearing products
• Responsible for coordination with internal and external stake holders and Member Banks