WBO : Corporate On-Boarding Center Team

About Wholesale Banking Operations

The 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)

About the Role

The Corporate Onboarding Center Team acts as SPOC for Current Account opening for Partnership and LLP, Public and Private Ltd. Companies, Government related Accounts. They are responsible for exclusively handling CMS and CIB activation.

Key Skills

1. Process Management : Ability to manage and improve on boarding processes, ensuring efficiency and accuracy

2. Data Analysis : Skills in analysing data and interpreting results to make informed decisions.

3. Financial Acumen : Understanding of banking products, financial instruments, and services

4. Regulatory Knowledge : Familiarity with KYC (Know Your Customer), AML (Anti-Money Laundering), and other compliance requirements

Key Responsibilities

• Ensure processing of defined number of Current Account / CIB / CMS AOFs on a daily-basis
• Follow-up and assist the Branches for the pending queries resolution
• Escalate any wrong means adopted by Branches
• Ensure submission of day to day internal MIS

Qualifications

Any Degree / Professional Degree preferred

Experience : 5 - 8 years in Banking, out of which at least 2-Years Operations in Bank / FI / NBFC preferred

Role Proficiencies :

Should be aware of various documents required for processing and Current Account Opening, CMS & CIB Set-ups.

Should have typing skills as various CMS / CIB Software Set-up require data-entry.

Should have working knowledge of FATCA / Beneficial Ownership / Board Resolution / STR / Negative Scrubbing

IT knowledge - Excel / Power Point / Presentation Skills.

Skills Required

Process Management, Data Analysis, Power Point, regulatory knowledge, Financial Acumen, Excel