Managing the day to day transactional processing activities of the branch for all Business segments, ensuring, accurate and timely transactions processing, for an investor base which is a mix of retail and Institutional investors, within the laid down Standard Operating Process and adhering to Regulatory guidelines.
The job also involves providing accurate and timely information for deployment of funds as also providing support to internal as well as external stake holders. In addition to this engaging with sales is also an key function of this job.
Job Context Major Challenges
Bangalore, Kolkatta, Ahmedabad, Pune Chennai are relatively high volume branches which handle high volume of retail transactions with a fair share of institutional and corporate transactions which involves handling clearance based funds..
The job requires handling transactions received by way of walk ins from investors/distributors as also transactions received by way of fax mainly from Institutional investors.
On an average the job has to support approx 70-150 transactions per day having an approximate value of Rs 50 to 150 Crs per day. The job also involves accurate and speedy reporting of funds for deployment purpose, in addition to banking activity.
The investor base is primarily Retail in nature These branches put together handles aprox 8000 Crores of Insitutional AUM. Owing to the large value attached to transactions received from Institutional investors, it is imperative that a lot of care needs to be exercised at the time of Quality Checks, processing as well as reporting of funds for deployment.
The job requires utmost care to be exercised while carrying out processing of these transactions, as any error could have a possible financial impact on the organisation.
Key challenges
1. Handling large value transactions received from Institutional investors.
2. Processing of KYC for new as well as existing customers.
3. Processing tracking transactions received by way
📌 Team Member (Chennai)
🏢 Aditya Birla Insulators
📍 Chennai
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