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IDFC FIRST Bank

Executive - Clearing Operations

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  • Posted 9 hours ago
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Job Description

Job Requirements

Role/ Job Title: Executive Clearing Operations

Function/ Department: Wholesale Banking Operations

Job Purpose: Monitor and execute payment process. Verify all transactions have been executed in a timely and accurate manner.

Roles & Responsibilities



  • Should understand Regulatory and Banking environment
  • Basic Know how of CTS Function
  • Ensure all clearing (Inward, Outward, Returns) and NAC Destination mandates / transactions are managed and processed within agreed TAT.
  • Responsible for monitoring reconciliation and ageing of all suspense accounts on a timely basis
  • Responsible for error free operations
  • Nil Regulatory penalties
  • Require basic relationship building skills to maintain effective relationships with Internal and External Stake holders
  • Responsible for handling clearing related Vendors, monitor SLAs for Vendor and other clearing products
  • Responsible for timely updation and submission of MIS and reporting of all clearing products
  • Responsible for coordination with internal and external stake holders and Member Banks

Educational Qualification: Any Graduate or Postgraduate

Experience: 0 to 3 years preferably in Banking Industry

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About Company

Job ID: 139015057