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RB-LS:Service RM - Corporate Salary

Axis Bank — Nellore, SPSR NELLORE

Experience 7 - 9 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Role description

Risk: PMC/CMC Team
INTERNAL USAGE:
No. of Vacancies:1Reports to:DVP
Is a Team leader? Team Size: 
  
Grade: 
Business:Corporate CenterDepartment:�RiskSub-Department:PMC/CMC
Location: CO
About Risk
The Risk department ensures that the Bank�s risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification, measurement and management of risks across the various businesses of the Bank. The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level, through quantitative or qualitative examination of the embedded risks
About the Role
Effective management of the Product/Process Approval framework of the Bank. The framework ensures that approval for new products / processes and changes therein are introduced through a documented procedure in order to ensure that risks associated with products and processes are identified and necessary controls are defined and agreed.
Key Responsibilities

�         Independently managing and driving process approvals for new products or change in the processes pertaining to Cards and Merchant Acquiring business, WBP, Retail Lending Business.

�         Evaluating new products and its related processes/changes in existing processes

�         Effectively reviewing processes, identifying gaps in the process and finalizing the solution approach with business/operations unit before circulating the notes to stakeholders for their approval

�         Ensuring comprehensiveness of process, zero design failures and providing inputs to make the process more efficient and seamless with emphasis on automation.

�         Identification of potential risk in processes and suggesting mitigants for strengthening the process

�         Liaise and coordinate with key stakeholders across business functions to ensure that a robust process is introduced within the stipulated timelines

�         To create awareness in the business units to ensure that the unit adheres to the laid down guidelines and the policies of the Bank, so that all the new/changes in the existing processes are approved and documented appropriately

�         Carrying out process walkthroughs and control testing of approved processes.

�         Validation of Risk and controls identified during process approval and its effectiveness

�         Initiation of Projects with high financial impact / Improvement of Customer Service

�         Preparation and submission of presentations/ reports/MIS within stipulated time and with precise information

Qualifications

Optimal qualification for success on the job is:

�         Graduate/Post Graduate with good academic background with 8 - 10 years of banking experience

�         Candidate having previous experience in Payments Systems (Cards and Merchant Acquiring) would be preferred

Role Proficiencies:

�         Expert knowledge and understanding of Cards and Merchant Acquiring offerings including regulatory guidelines

�         Should be able to independently partner with Business functions and have a collaborative approach while assessing the product/process

�         Hands on experience in Cards & Merchant Acquiring business will be a plus

�         Should have strong analytical & problem solving skill

�         Should have good communication, presentation and inter-personal skills

�         Should have high level of motivation and be a fast learner

�         Innovative thinking and awareness of industry practice

�         Strong individual contributor, with high degree of self-reliance and self-initiative

 

 

Skills

Refer to the Job Description

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Frequently Asked Questions

What are the eligibility criteria for the RB-LS:Service RM - Corporate Salary job at Axis Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 7 - 9 Years years of relevant experience expected for this role.

What are the primary responsibilities of a RB-LS:Service RM - Corporate Salary at Axis Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a RB-LS:Service RM - Corporate Salary at Axis Bank.

Is prior experience required for this position?

This role requires around 7 - 9 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

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.

How do I apply for the RB-LS:Service RM - Corporate Salary role at Axis Bank?

You can apply directly using the Apply Now button on this page, which will take you to Axis Bank's application process for this role.