WBO : TFC -Portfolio Manager

WBO : TFC -Portfolio Manager

INTERNAL USAGE : No. of Vacancies :

Reports to :

WBO : TFC - Team Lead (NPH)

Is a Team leader

Team Size : Grade :

SM / AVP

Business : WBO_TFO

Department : TFC

Sub - Department : Location :

Airoli / Hyderabad / Kolkata / Noida

About Department

The Transaction 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) Trade Finance Center handles the imports & exports transactions, Export Finance & BG, LC, Collections, Advance Remittances, Open Account Payments, Capital Account transactions, Trade outward Remittances and routing of SWIFT messages.

About Role

The Portfolio Manager is responsible for ensuring that the team operations run smoothly. They have to ensure all requests should be processed within the TAT. They are responsible for ensuring team cost is within the budget. They are also responsible for ensuring that cross functionality and productivity are high for the department & They are responsible for Processing and verification of Export / Outward and Inward Remittance / Capital Account / Export Finance / FLC issuance and Bill / FBG and others.

Key Responsibilities

• Ensure ownership of processing of all product group transactions
• Ensure that the transactions processed are compliant with FEMA and Regulatory (other than KYC-AML) / Bank guidelines
• Ensure that transactions are delivered within targeted TAT
• Co-ordination with legal, CBO, TxB-services, TxB-Products and business dept teams for various approvals and ensuring smooth delivery of transactions
• Ensure business continuity in operations (BCP)
• Ensure Financial perspective : Income targets, minimal operational loss
• Ensure Customer perspective : Minimal customer complaints, positive customer surveys
• Ensure Operational perspective : Adherence to TAT, EGRC score, Audit queries, Automation of processes
• Ensure Organisational development : Productivity of group staff
• Monitor outstanding entries in office accounts and ensure closure of these cases promptly

Qualifications

Optimal qualification for success on the job is :

Role Proficiencies :

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

Skills Required

Knowledge of regulatory guidelines and norms, Knowledge of banking products and services