Job Description

 

Note:

  • Basic skills required: Basic knowledge of Banking, Good communication skills, working knowledge of computer / excel / email
  • Project duration: 8 months
  • Work Location: Jaipur (No Relocation acceptable)
  • What we offer additionallyIf candidates do well and we have open permanent roles, we convert them into permanent employees of Bank which means permanent job, better pay & benefits.

Description:

The Analyst will be responsible for completion of day-to-day activity as per standards and ensure accurate and timely delivery of assigned production duties. He/she would need to ensure adherence to all cut-off times and quality of processing as maintained in SLAs. He/she would need to act as a sufficient resource. He/she would need to ensure that all queries/first level escalations related to routine activities are responded to within the specified time frame

Your key responsibilities:

  • Ensure quality/quantity of processing is maintained as per the SLA.
  • Should be capable to handle multiple deadlines.
  • Ensure to process all payments in given TAT.
  • Understanding of downstream and upstream of payments.
  • Drive Partnership value with various internal teams.
  • Performing previous day reconciliation & reporting.
  • Liaison with onshore and supporting teams.
  • Checklist to be maintained and reviewed on a daily basis.
  • Identifying & posting of fund movement through SAP.
  • Reconciling bank-owned GLs and accounts, auditing & reporting them to account owners and management.
  • Driving process improvements in the team.
  • Ensure timely completion of all request and adhere to Client Confidentiality.
  • Update volumes in various spreadsheets/work logs accurately and on time.
  • Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
  • Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business.
  • Ensure all the KOPs are updated properly.
  • Driving process improvements in the team.
  • Flexible with business hours respective to volume received

Your skills and experience:

Functional Skills:

  • Have fundamental knowledge of Banking products, equity, Mutual funds etc.
  • Understand importance of payments (incoming and outgoing), ACH payments.
  • Knowledge of swift codes, routing number, chips ID, IBAN number would be an added advantage.

Experience:

  • Knowledge of Payments and reconciliation.
  • Experience in handling client escalations and resolutions in best possible manner.
  • Needs to be a self-starter with significant ability to undertake initiatives.
  • Should have Effective communication skills and fluency in Microsoft Office skills.
  • Should be open to work in night shift.
  • Knowledge of various banking products, equity market and their flow would be an added advantage.

Education/Certification

  • Graduates with good academic records.
  • Good understanding of Reconciliation and payments process followed in US context.
  • Exposure and working knowledge of US laws related to payments (Volker or Reg E) and mode of payments would be helpful.
  • Any certifications in securities such as NCFM modules, FINRA Series 99 / CISI etc will be good but not compulsory