WBO:CCPH Group Head
INTERNAL USAGE:
No. of Vacancies: Reports to: CCPH Head
Is a Team leader Y/N Team Size: 140
Grade: Vice President / Dy. Vice President
Business: Corporate Center Department: Wholesale Banking Operations Sub-Department:
Location: Airoli
About Wholesale Banking Operations
The Transaction banking operations department helps in managing the transaction in the banks.Transaction Banking(TB) can be defined as the set of instruments andservicesthat abankoffers to trading partners to financially support their reciprocal exchanges of goods (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges)
About Role
Group Head is responsible for supervising and monitoring the day to day functioning of the activity assigned to Teams, with full compliance as per Banks / Regulatory policies and meeting all requirements of Audit. Group Head is responsible for Leading and inspiring the teams for achievement of TATs and error free processing for smooth delivery of services to Corporate Customers.
They are also responsible for reviewing the activity with Team Leads at periodic intervals during the day. They are responsible for interacting with Business / IT for resolution of issues / Escalations / Projects / Automation. They are responsible for rectifying all types of Audit observations and coordinating for the Closure of Reports. They need to ensure proper and timely billing and recovery of fees and charges.
Key Responsibilities
Monitor and ensure that CCPH completes their task within TAT
Ensure ownership of CMS transactions carried out by CCPH Unit in timely/errorfree manner viz., Onboarding, Master Setup, CMS Pooling, Upcountry Cheque Followup, Logistics, IPO/NFO handling, ECS & NACH mandates, Reconciliation of CMS Pool account and internal GL accounts, Dividend and other payment mandates, Billing and recovery of Fee, Easy Pay, Sale of Prospectus, ETC Toll, Escrow, PFRDA and WLA activities.