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    Job · 18761662

    IDFC Bank logo

    Escalation Manager

    IDFC Bank · Not specified · onsite · Posted 30d ago

    Not disclosed7–9 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Job Requirements

    About the Role

    The Escalation Manager - Central EDD will be responsible for managing and resolving high-priority customer escalations. This role involves acting as the primary point of contact for escalations, analyzing root causes, and implementing solutions to prevent recurrence. The role requires collaboration with cross-functional teams and effective communication with stakeholders to ensure timely resolution and continuous improvement in escalation handling processes.

    Key Responsibilities

    Primary Responsibilities

    • Manage and resolve high-priority customer escalations by acting as the primary point of contact.
    • Analyze escalation cases to identify root causes and develop action plans to prevent recurrence.
    • Collaborate with cross-functional teams (e.g., customer support, branch, branch control team operations) to ensure timely resolution of issues.
    • Communicate escalation progress, resolution steps, and outcomes clearly and effectively to internal and external stakeholders.
    • Maintain detailed documentation of escalation cases, including resolution steps, outcomes, and process improvements.
    • Monitor trends in escalations to identify systemic issues and recommend process or product improvements.
    • Establish and maintain escalation processes and workflows to improve response time and resolution quality.
    • Provide training and guidance to EDD teams on escalation handling best practices.
    • Prepare reports and metrics on escalation performance and present findings to senior management.
    • Ensure compliance with company policies.
    • Assist in audits, regulatory inspections, and compliance reporting as required.
    • Liaise with internal stakeholders, serve as a point of escalation for complex cases, and provide subject-matter expertise.
    • Demonstrate strong analytical and investigative skills with the ability to interpret complex data.
    • Prepare regular management information reports on team system performance, trends, and risks.
    • Address escalating complex issues to management when necessary.
    • Monitor the effectiveness of central enhanced due diligence systems and recommend improvements or adjustments.
    • Represent the team in cross-departmental meetings, audits, and regulatory reviews.

    Secondary Responsibilities

    • Oversee and manage a team responsible for identifying, investigating, and reporting suspicious financial activities.
    • Ensure compliance with relevant regulatory requirements.
    • Lead daily operations and enhance systems to mitigate risks effectively.
    • Collaborate with internal stakeholders to improve risk management processes.

    What We Are Looking For

    Education

    • Bachelor's degree in any relevant stream.
    • Post-graduation in any stream is preferred.

    Experience

    • 7+ years of relevant experience in escalation management, financial crime, or related fields.

    Skills and Attributes

    • Strong analytical and investigative skills.
    • Excellent communication and stakeholder management abilities.
    • Ability to interpret complex data and provide actionable insights.
    • Proficiency in managing cross-functional teams and resolving escalations.
    • Knowledge of compliance and regulatory requirements.

    Sourced from foundit

    Skills

    Financial crimeregulatory requirementsInvestigative skillsStakeholder ManagementcomplianceEscalation Management

    About IDFC FIRST Bank

    IDFC Bank logo

    IDFC Bank

    Banking

    43.1k+

    employees

    2018

    8 years old

    Mumbai, Maharashtra

    India

    About

    IDFC FIRST Bank is one of India’s fastest-growing new-age private sector banks.

    Industries

    BankingFinancial Services

    Employee ratings

    14,599 reviews

    3.9/ 5

    Culture

    3.7

    Career growth

    3.5

    Work-life

    3.8

    Employees rate it well for

    Work Culture1157Salary988Work Life Balance884Senior Management749Work Environment611

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