Website:
au.bank.in
Job details:
Group Company: AU Small Finance Bank Limited
Designation: Deputy Transaction Officer
Office Location:
Position description: #*Position description*#
Primary Responsibilities: #*Primary Responsibilities*#
Additional Responsibilities: #*Additional Responsibilities*#
Reporting Team
- Reporting Designation: #*Reporting Designation*#
- Reporting Department: #*Reporting Department*#
Educational Qualifications Preferred
#*Education and Experience*#
- Category: #*Category*#
- Field specialization: #*Field specialization*#
- Degree: #*Degree*#
- Academic score: #*Academic score*#
- Institution tier: #*Institution tier*#
Required Certification/s: #*Required Certification/s*#
Required Training/s: #*Required Training/s*#
Required Work Experience
- Industry: #*Industry*#
- Role: #*Role*#
- Years of experience: #*Years of experience*#
Job Brief:- The role involves overseeing and managing transaction operations within the Operations and Services department of a leading financial institution specializing in small finance banking. The position requires ensuring accuracy, compliance, and efficiency in transaction processing while supporting the team in maintaining high service standards. The individual will collaborate with cross-functional teams to streamline processes, mitigate risks, and enhance operational workflows, contributing to the bank's commitment to delivering superior financial services to its customers.
Responsibilities:-
- Supervise daily transaction processing activities to ensure accuracy and timeliness in accordance with regulatory and internal compliance standards.
- Coordinate with various departments to resolve transaction discrepancies and operational issues promptly.
- Implement and monitor internal controls to mitigate risks associated with transaction processing.
- Assist in the development and enhancement of transaction processing policies and procedures to improve operational efficiency.
- Lead and mentor junior team members, providing guidance and training to enhance their performance and knowledge.
- Prepare detailed reports on transaction volumes, errors, and operational metrics for senior management review.
- Collaborate with IT and compliance teams to support system upgrades and ensure seamless integration of transaction processing platforms.
- Conduct periodic audits and reviews to ensure adherence to banking regulations and internal policies.
- Support the escalation and resolution of complex transaction-related issues, ensuring minimal impact on customer experience.
- Drive continuous improvement initiatives aimed at optimizing transaction workflows and reducing processing times.
Skill:-
- Transaction Processing Management
- Regulatory Compliance in Banking
- Risk Management and Mitigation
- Operational Workflow Optimization
- Team Leadership and Mentoring
- Data Analysis and Reporting
- Internal Audit and Controls
- Cross-functional Collaboration
- Problem-solving and Escalation Handling
- Banking Software and Systems Knowledge
Preferred Qualifications:-
- Bachelor’s degree in Finance, Business Administration, or a related field; a Master’s degree or professional certification (e.g., CA, CFA, or equivalent) is preferred.
- Minimum of 5 years of experience in transaction operations or related roles within the financial services industry, preferably in a banking environment.
Key Performance Indicators: #*Key Performance Indicators*#
Required Competencies: #*Required Competencies*#
Required Knowledge: #*Required Knowledge*#
Required Skills: #*Required Skills*#
Required Abilities
- Physical: #*Physical*#
- Other: #*Other*#
Work Environment Details: #*Work Environment Details*#
Specific Requirements
- Travel: #*Travel*#
- Vehicle: #*Vehicle*#
- Work Permit: #*Work Permit*#
Other Details
- Pay Rate: #*Pay Rate*#
- Contract Types: #*Contract Types*#
- Time Constraints: #*Time Constraints*#
- Compliance Related: #*Compliance Related*#
- Union Affiliation: #*Union Affiliation*#
Click on Apply to know more.