Cash Management Operations Role for Current (A2) & Capital Account Transactions, Subject matter expert in handling ODI, FDI, ECB and BOLOPO cases. To ensure timely and error free processing of transactions related to Capital Account, FCY remittances (A2) and regulatory checks to ensure compliance of the regulatory guidelines and Banks policies.
Direct Responsibilities
Scrutiny of ODI, ECB, FDI & BOLOPO documents and transactions and to perform regulatory checks to ensure compliance of the Indian regulatory guidelines and Banks policies.
Operations Management
Ensure that the Capital Account Transactions are in line with the laid down operational procedures and prevailing regulatory guidelines
Timely and error free processing of Capital account transactions.
Interact with Clients, Commercial teams, Branches, Back Office, CCC, Legal, Compliance, Finance and other internal and external stake holders on relevant topics for productive delivery of operations.
Ensure Audit comments are closed on time and minimized on best effort basis
Ensure implementation of laid down operational procedures and review them periodically
Support business, client and teams in advising FEMA related queries.
Monitor TAT’s, operational efficiency level and minimize error & incidents rates, resolve customer & branch complaints and queries.
Monitor pending workflows queues.
Well versed in FEMA & RBI regulatory framework and possessing a broad understanding of banking operations with emphasis on Cash Management Operations in line with regulatory requirements
Customer Service
Ensure highest levels of operational efficiency in transaction processing and minimize error & incident rates
Resolve customer & Branch complaints and queries
Co-ordinate with Back offices for productive Client delivery
Compliance
Co-ordinate with Branches & BO for submission of regulatory & internal returns on time.
To strictly comply with internal guidelines on Code of conduct