Job Description:

Role Overview

The Banker Authorizer is responsible for verifying, validating, and authorizing financial and non-financial transactions in accordance with bank policies, RBI guidelines, and internal control frameworks. The role ensures zero-error processing, compliance adherence, fraud prevention, and smooth branch/operations functioning.

? Key Responsibilities

1. Transaction Authorization & Verification

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Authorize cash and non-cash transactions entered by the maker.

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Validate high-value transactions as per approval limits.

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Approve NEFT/RTGS/IMPS, fund transfers, cheque payments, and charge reversals.

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Verify signatures, KYC documents, and account details before approval.

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Ensure maker–checker compliance for all operations.

2. KYC, AML & Compliance

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Validate customer KYC, CDD, and EDD wherever applicable.

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Conduct AML checks, sanctions/PEP screening, and monitor suspicious activity.

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Ensure transactions adhere to RBI, internal compliance, and audit requirements.

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Ensure branch follows regulatory guidelines and operations policies.

3.



Customer Account & Service Authorization

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Approve account opening requests (CASA, Term Deposits, NRI, minors, etc.).

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Authorize modifications: mobile/email updates, address change, nomination update.

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Approve service requests such as stop payments, cheque book issue, DD/PO issuance.

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Validate and authorize dormant-to-active account requests.

4. Operational Control & Risk Management

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Maintain dual control over vault, keys, ATM cash loading, and sensitive stationery.

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Review daily control reports, exception reports, and system overrides.

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Flag and withhold suspicious, incomplete, or risk-prone transactions.

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Ensure accurate documentation and rectify operational discrepancies.

5. Audit, Reporting & Documentation

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Support internal/external audits by providing required data and compliance evidence.

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Maintain authorizer logs, system reports, and exception registers.

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Ensure adhe

📌 IDFC Bank/ Banker Authorizer/ Bangalore Belagavi
🏢 Acura Solution
📍 Belagavi