02 Oct
|
Axis Bank
|
Mumbai
WBO : CAD� - Team MemberINTERNAL USAGE:No. of Vacancies:1Reports to:Head CADIs a Team leader?NoTeam Size:1 Grade:Deputy Manager, ManagerBusiness:Corporate CentreDepartment:�Wholesale Banking OperationsSub-Department: Location: Across locationsAbout Wholesale Banking OperationsThe wholesale banking operations department helps in managing the transaction in the banks. Transaction Banking (TB) can be defined as the set of instruments and services that a bank offers 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). Trade Finance Center handles the imports & exports transactions such as BG, LC, Collections, Advance Remittances, Open Account Payments, Trade outward Remittances and routing of SWIFT messages.
About the Role
The Credit Admin team monitors and ensures credit operational activities are carried out as per defined guidelines and within TATKey Responsibilities� Monitoring and ensuring timely updations of Stock Statements, Insurance Policy, ABS, etc.
� Liaising with Vendor teams and ensuring timely and correct execution of Outsourcing Activities.
� Ensuring prescribed TAT and Restricting NFTR within defined limits in handling Stock Statement, Insurance and ABS.
� Exercise complete oversight on CAD Monitoring activities
� Data Analysis and Publishing Dashboard on CAD Monitoring pendencies and various other dashboards/presentations for Top Management
� Conducting periodic review calls with WBO Units and assisting Head-CAD Monitoring in keeping an oversight on all CAD related activities
� Ensure focused approach on reduction and relapse of errors pointed out in Credit Audit, SOX Audit, EGRC, Data Quality, etc
� Leading all Recent IT & Automation initiatives for improving operational efficiency and ensuring effective operating rhythm
� Initiation of Stock and SCF Audits in applicable accounts, obtention of reports from��� empanelled vendors, analysis of stock au
📌 WBO : CAD - Team Member (Mumbai)
🏢 Axis Bank
📍 Mumbai