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Senior Manager - Remittances

SBI cards

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3-5 Years
23 days ago
40 Viewed
2 Applied

Job Description

Short Description for Internal Candidates
This is a critical role which enterprises the reconciliation of the payment transactions posted on the mainframe. This would also involve the fund & transactions reconciliation on daily basis thereby mitigating the financial risk for the organisation. Reconciliation specialist will be in charge with determining discrepancies and highligting the same to the management. Essential job duties listed on a reconcliation analysts involves running audits, ensuring compliances with relevant regulations, delivering financial reports to the management and monitoring the transactions on daily basis.
Description for Internal Candidates

Core responsibilities
Processing, controlling, confirming and reconciling the transactions for all the payment transactions.
Designing and getting the process approved for reconciling transactions and summary level funds closely with finance.
Obtaining sound understanding of a wide range of financial products and markts as well as a broad knowledge of all systems.
Responding promplty to the deliverables raised by the management, vertical leader .
Assist in the development and execution of tracking and reporting of remittances processes.
Managing the reconciliation of the daily inflow vs the daily posted data
Maintaining the documented records for the error received, sharing the RCA and Exceptions to be raised and cured on immediate basis.

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SBI Cards & Payment Services Ltd., previously known as SBI Cards & Payment Services Private Limited, is a pure play credit card company and payment solutions provider in India. SBI Card was launched in October 1998 by State Bank of India, India's largest bank, and GE Capital.

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