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    Job · 18990289

    Axis Bank logo

    WBO:Treasury Operations:Forward Contract Operations - Team

    Axis Bank · Mumbai · onsite · Posted 28d ago

    Not disclosedFresherfulltimeSourced fromFoundit

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

    About this role

    WBO:Treasury Operations:Forward Contract Operations - Team
    INTERNAL USAGE:
    No. of Vacancies:Reports to:Treasury Operations: Head - Fx Interbank & Merchant/Overseas/Non-SLR/ Bullion
    Is a Team leaderNTeam Size:
    Grade:MGR/SM
    Business:Corporate CenterDepartment:Wholesale Banking OperationsSub-Department:WBO - TO
    Location:CO - Mumbai
    About Treasury Operations
    Treasury Operations handles all the operational activities for Treasury Products. The department is responsible for smooth functioning of deal acceptance, verification, settlement, accounting valuation, reconciliation and MIS relating to all Treasury Products for Domestic as well as international branches. They are also responsible for payment via RTGS and NEFT as well as custodial services which includes custody settlement, client onboarding and fund accounting.
    AbouttheRole
    The team is responsible for ensuring processing and settlement of Forward Contract transactions and Reconciliation of these accounts
    Key Responsibilities

    Adhere to prescribed TAT for across the product line

    Timely compliance of SOX & Credit Audit with closure of observations

    Drive Digital Initiatives for smoother operations and reduction in turnaround time and improve efficiency

    Meet the defined EGRC Score, Well Controlled Processes & % Controls Automated

    Effective co-ordination with WB Service team, CBO, WBP & Business departments and guidance to branches, monitoring of Compliance Pending, Non Compliance Queue, Interaction IDs in TALISMA/CRM, Outstanding entries in office accounts and Closure of these cases promptly

    Reduction of NFTR within defined limits

    Zero loss due to frauds & operational risks and take preventive measures

    Error-free processing of transactions

    Achieve defined %age NSTP automation and improve productivity

    Ensure error free transactions resulting in zero loss of revenue

    Guide & train team members to manage activities efficently

    Qualifications

    Graduate/ Post graduate from a recognized institute

    2-5 years of relevant work experience

    Role Proficiencies:

    For successful execution of the job, the candidate should possess the following:

    Knowledge of industry and product trends

    Knowledge of regulatory guidelines and norms

    Good communication (both verbal and written) skill

    Ability to handle pressure and meet deadlines

    Basic Knowledge of Forex - Nostro, Vostro

    Sourced from foundit

    Skills

    Refer to the Job Description

    About Axis Bank

    Axis Bank logo

    Axis Bank

    Banking

    104.5k+

    employees

    1993

    33 years old

    Mumbai, Maharashtra

    India

    About

    Axis Bank is the third largest private sector bank in India offering the entire spectrum of financial services for personal & corporate banking.

    Industries

    BankingFinancial Services

    Employee ratings

    33,210 reviews

    3.6/ 5

    Culture

    3.4

    Career growth

    3.2

    Work-life

    3.4

    Employees rate it well for

    Work Culture2698Work Life Balance2255Salary2228Work Environment1726Senior Management1412

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