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Job/ Job Title: Executive – Clearing Operations
Function/ Department: Wholesale Banking Operations
Job Purpose: 'Monitor and execute payment process. Verify all transactions have been executed in a timely and accurate manner.
'•Should understand Regulatory and Banking environment
•Basic Know how of CTS Function
•Ensure all clearing (Inward, Outward, Returns) and NAC Destination mandates / transactions are managed and processed within agreed TAT.
•Accountable for monitoring reconciliation and ageing of all suspense accounts on a timely basis
•In charge of error free operations
•Nil Regulatory penalties
•Require basic relationship creating capabilities to uphold effective relationships with Internal and External Stake holders
•Tasked with handling clearing related Vendors, monitor SLAs for Vendor and other clearing products
•Accountable for timely updation and submission of MIS and reporting of all clearing products
•In charge of coordination with internal and external stake holders and Member Banks
Educational Qualification: Any Graduate or Postgraduate
Experience: 0 to 3 years preferably in Banking Industry
This Executive - Clearing Operations vacancy is based in Chennai.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Executive - Clearing Operations at IDFC FIRST Bank.
This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.