Kotak Mahindra Bank Limited

Operations Team Member

Kotak Mahindra Bank Limited
Mumbai/Bombay
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 2 yearsMin. 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.

Experience Level

Mid Level

Job role

Work location
Work locationMumbai, Maharashtra, India
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryBanking Operations
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 2 years

About company

Name
NameKotak Mahindra Bank Limited
Job posted by Kotak Mahindra Bank Limited

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

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.

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