How much salary can I expect as a Operations Team Member in Kotak Mahindra Bank Limited in Mumbai/Bombay?

You can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.

What is the eligibility criteria to apply for Operations Team Member in Kotak Mahindra Bank Limited in Mumbai/Bombay?

The candidate should have completed the required education and people who have 2 to 31 years are eligible to apply for this job. You can apply for more jobs in Mumbai/Bombay to get hired quickly.

Is there any specific skill required for this job?

The candidate should have sound communication skills and sound communication skills for this job.

Who can apply for this job?

Both Male and Female candidates can apply for this job.

Is it a work from home job?

No, it's not a work from home job and can't be done online. You can explore and apply for other work from home jobs in Mumbai/Bombay at apna.

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No work-related deposit needs to be made during your employment with the company.

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Operations Team Member

Kotak Mahindra Bank Limited

Operations Team Member

Kotak Mahindra Bank Limited

Mumbai/Bombay

Not disclosed

Work from Office

Full Time

Min. 2 years

Job Description

Operations Team Member-OPS-CMS Operations

We are seeking a detail-oriented and technically proficient Operations Team Member to join our CMS Operations team. The ideal candidate will have strong domain knowledge of payment products, regulatory guidelines, and banking systems. This role involves managing end-to-end transaction processing, reconciliation, MIS reporting, and ensuring compliance with internal controls and service level agreements. The candidate will be responsible for executing transactions across NEFT, RTGS, IMPS, and internal transfers, maintaining pool account reconciliations, and publishing dashboards and performance reports. The role also requires coordination with IT and business support teams to resolve system issues and ensure seamless operations.

Possess market knowledge of payment products and applicable regulatory guidelines. Demonstrate product knowledge of NEFT, RTGS, Internal Transfers, and IMPS. Process offline files through various banking systems. Understand accounting entries for NEFT, RTGS, Internal Transfers, and IMPS. Manage settlement processes and perform reconciliation. Conduct end-to-end control checks during transaction processing. Efficiently perform reconciliation of pool accounts. Publish reconciliation and daily MIS reports to senior management. Liaise with IT and BSG teams for resolution of system issues. Ensure transactions are processed as per SLA and approved procedures. Follow maker-checker processes strictly with no exceptions. Deliver effective customer service through timely execution and escalation management. Adhere to all defined processes and obtain requisite approvals for any deviations. Demonstrate technical competency in banking applications such as Finacle and MS Office. Execute transactions logically and methodically. Maintain accuracy and attention to detail in transaction processing. Analyze and report transaction volumes and system performance. Publish dashboards and MIS reports to top management. Ensure timely completion of weekly, fortnightly, and monthly reporting.