Designation: Team Member

Location: India Maharashtra Mumbai - Goregaon (R-Tech)

Organization: Financial Services
Job Purpose:
The purpose of this job is to execute banking related transaction activities such as maintenance of accounts and balances as well as tracking of collections/ redemptions and dividends to ensure that payments to customers & vendors happen in a timely and compliant manner. To implement all banking operations transactions within timelines and as per regulatory guidelines and prepare all MIS/ Reports in an accurate manner and support all audit requirements effectively.

Job Context & Major Challenges:
Job Context/Job Challenges:
- Job Context
- Maintain transaction accuracy, despite high transaction volumes, crucial from regulatory, reputational and profitability perspectives.
- Ensure accuracy and timeliness in customer payouts they are important in building competitive advantage and enhancing service quality.
- Strong monitoring and timely reconciliation of accounts is necessary for optimal funds deployment and fund house profitability.




- Manage complexity of operational scale due to large number of accounts with diverse limits and usages and large number of movements of funds
- Key Challenges for the role are as follows:
- To liaison with PSU banks that work predominantly through their branches and have lengthy account opening processes and extract records from them within stringent timelines.
- To carry out reconciliations across over 1000 accounts and ensure balances and limits are not breached.
- To ensure timely collection of funds to avoid overdrafts in accounts.
- To interact with a significant number of stakeholders across various banks on a daily basis.

Key Result Areas:
KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)
- KRA1
- Ensure optimum banking setup
- Reviewing current arrangements- Benchmarking with competitors- Engaging with business and other stake holders for facilitating business requ

📌 Team Member (Maharashtra)
🏢 Aditya Birla Group
📍 Maharashtra