Clearing & Settlements:Team Lead CTS North Grid

Location: Ghatkesar

Clearing & Settlements:

Team Lead CTS North Grid
INTERNAL USAGE:
No. of Vacancies:

Reports to:

Senior Manager / Assistant Vice President       Is a Team leader     Y/N     Team Size:
58
Grade:
Officer/ Assistant Manager/ Deputy Manager / Manager       Business:
Retail Banking     Department:
Retail Operations     Sub   -   Department:
Clearing & Settlements

Location:

Hyderabad       About Name of BU       Centralised CTS Grid Operations (CCGO) handles CTS outward/ inward instruments and also ECS transactions of the Bank. The Department also takes care of verification and authorization of outward and inward clearing instruments received in CTS application and ensuring zero errors.
About         the
Role       The CTS Grid operations team is responsible for processing inward zones and tallying and submission of inward returns within session cut-off timings. They are also responsible for timely processing and ensuring that clear funds are made available for the customers.

Key Responsibilities
Ensure tallying and processing of sub-member instruments within cut off timings
Ensure timely processing of outward returns and regularization of outward zones
Ensure error free verification of inward/ outward clearing cheques.
Achieve productivity targets assigned by the supervisor.
Responsible for reduction of staff and vendor errors impacting customers
Responsible for minimizing fraud/ operational losses
Qualifications
Education
- Post Graduation if Fresher or Graduates with 2 years relevant experience.
Experience 0-2 years

Role Proficiencies:
For successful execution of the job, a candidate should possess the following:
Knowledge of banking products and services
Good understanding of banking negotiable instruments.
Basic understanding of CTS clearing cycles