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Operations Team Member-OPS-Clearing Operations

  • Job
    Full-time
    Entry & Junior Level
  • Banking & Finance
  • Chennai

AI generated summary

  • You should be proficient in cheque processing, data entry, reconciliation support, record management, and handling returns, with skills in systems like Finacle. Attention to detail is essential.
  • You will update registers, handle cheque scanning and data entry, manage returns, support reconciliation, and verify transactions, ensuring effective processing and record management.

Requirements

  • OCR Register Updation
  • Acceptance of Cheques from the Branches / couriers.
  • Scanning of Cheques
  • Data entry of cheques for ATM Drop Box Cheques / PND/ PNR/JV
  • Cheques Pull Out P2F / Unprocess Cheques / Outward Returns
  • Returns Memo attachment / Despatches to the customers
  • RTO Cheques Receipt and Data entry
  • Acceptance of processed Cheques from the Hub's in the Location
  • Attending P2F House
  • Affixing Stamp for Return cheques (Defasing)
  • Inward file Preparations
  • Supporting Bank Officers in Reconciliation
  • Email Tacking for inward cheques
  • Uploading of Technical Referrals
  • Level 2 Verification
  • JV Authrorisation in finacle
  • HOCDL Verification
  • Unprocessed Che-ques Scrutiny and Sharing MIS to the Branches
  • Identified of PNR Transactions MIS to be shared with Branches
  • Record Management
  • Outward Returns Management
  • RTO Management
  • Transfer Cheques Processing
  • Credit Card Cheque Processing
  • P2F Tracking and Reconsilaition
  • ASBA Application Signature Verification
  • Inward and Outward Return Processing

Responsibilities

  • OCR Register Updation
  • Acceptance of Cheques from the Branches / couriers.
  • Scanning of Cheques
  • Data entry of cheques for ATM Drop Box Cheques / PND/ PNR/JV
  • Cheques Pull Out P2F / Unprocess Cheques / Outward Returns
  • Returns Memo attachment / Despatches to the customers
  • RTO Cheques Receipt and Data entry
  • Acceptance of processed Cheques from the Hub's in the Location
  • Attending P2F House
  • Affixing Stamp for Return cheques (Defasing)
  • Inward file Preparations
  • Supporting Bank Officers in Reconciliation
  • Email Tacking for inward cheques
  • Uploading of Technical Referrals
  • Level 2 Verification
  • JV Authrorisation in finacle
  • HOCDL Verification
  • Unprocessed Che-ques Scrutiny and Sharing MIS to the Branches
  • Identified of PNR Transactions MIS to be shared with Branches
  • Record Management
  • Outward Returns Management
  • RTO Management
  • Transfer Cheques Processing
  • Credit Card Cheque Processing
  • P2F Tracking and Reconsilaition
  • ASBA Application Signature Verification
  • Inward and Outward Return Processing

FAQs

What are the primary responsibilities of the Operations Team Member in Clearing Operations?

The primary responsibilities include OCR register updation, accepting and scanning cheques, data entry for various cheque types, managing returns, and supporting bank officers in reconciliation tasks.

What types of cheques will I be handling in this role?

You will be handling various types of cheques, including ATM drop box cheques, processed cheques, return cheques, and credit card cheques.

Is there a need for interaction with bank officers in this position?

Yes, you will be supporting bank officers, particularly in reconciliation processes.

What systems will I need to use in this role?

You will be using systems like Finacle for JV authorization and HOCDL verification, as well as an email tracking system for managing inward cheques.

Is data entry a significant part of this job?

Yes, data entry is a significant part of the job, including input for ATM drop box cheques, RTO cheques, and unprocessed cheques scrutiny.

Will I need to manage records in this position?

Yes, record management is one of the responsibilities, along with managing outgoing returns and RTO processes.

Are there any specific tasks related to cheque processing?

Yes, tasks related to cheque processing include transfer cheque processing, credit card cheque processing, and P2F tracking and reconciliation.

What qualifications are necessary for this role?

While specific qualifications are not mentioned, attention to detail, proficiency in data entry, and understanding of banking operations would be beneficial.

Will I be trained on the platforms used?

Yes, training on the relevant platforms and processes is typically provided for new team members.

Are there opportunities for advancement within the Clearing Operations team?

Yes, there may be opportunities for advancement, depending on performance and the needs of the organization.

Finance
Industry
10,001+
Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.