Assistant Manager/Manager - Capital Account Transaction - Financial Institution (2-6 yrs)

We at Trans Management Consultant are Hiring for one of our esteemed client based in Mumbai.

About Client:

In Asia Pacific, Our Client is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees- and a presence in 13 markets, Our Client provides corporates, institutional and private investors with product and service solutions tailored to their specific needs.

Direct Responsibilities:

- To ensure timely processing of transactions related to Cross Border FCY remittances & Capital Account Transactions, perform regulatory checks to ensure compliance of the Indian regulatory guidelines and Organizations policies.

Operations Management:

- Ensure processing of Cross Border FCY remittances & Capital Account Transactions and are in line with the laid down operational procedures and prevailing regulatory guidelines

- Timely and error free processing of Cross border remittance and Capital account transaction.

- Interact with Clients, Commercial teams, Branches, Back Office, CCC, Legal, Compliance, Finance and other internal and external stake holders on relevant topics for efficient delivery of operations.

- Ensure Audit comments are closed on time and minimized on best effort basis

- Ensure implementation of laid down operational procedures and review them periodically

- Support business, client and teams in advising FCY Remittance/FEMA related queries.

- Monitor TAT's, operational efficiency level and minimize error & incidents rates, resolve customer & branch complaints and queries.

- Monitor pending workflows queues, keep FX rate, OMR and Nostro entries minimal & under control.

- Well versed in FEMA & RBI regulatory framework and possessing a broad understanding of banking operations with emphasis on Cash Management Operations in line with regulatory requirements

Customer Service:

- Ensure highest levels of operational efficiency in transaction processing and minimize error & incident rates

- Resolve customer & Branch complaints and queries

- Co-ordinate with Back offices for efficient Client delivery

Compliance:

- Co-ordinate with Branches & BO for submission of regulatory & internal returns on time.

- To strictly comply with internal guidelines on Code of conduct

Risk Management:

- Ensure strict adherence to process notes and procedural guidelines.

- Report any incident in the "incident management system" and put in place controls to ensure that similar incidents do not recur.

- Report all customer complaints / claims as per laid down guidelines.

- Ensure timely implementation of all audit recommendations.

- Bring Direct contribution to Organization operational permanent control framework.

- Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.

- Comply with internal and external regulatory and compliance requirements.

- Comply with the Organization's standards of Code of Conduct

- Comply with the Organization's IT Security policies.

- Anti Money Laundering /Financial Sanctions ( AML/FS) related duties.

- Operations are integral part of the control framework including AML/FS project. In that respect , in performing your role you are expected to ensure adherence to AML/FS related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision to relevant authority.

Contributing Responsibilities:

Reporting:

- Provide MIS reports to the Management as per time schedule specified

- Submit regulatory reports as stipulated.