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Operations Team Member-WBG OPERATIONS (OPS)-Customer Service Desk

  • Job
    Full-time
    Junior Level
  • Customer Relations
    Banking & Finance
  • Chennai

AI generated summary

  • You should be a graduate or post-graduate with 1-2 years of experience in Trade Finance and CMS products, including cheque collections and banker to issue operations.
  • You will handle trade transactions, coordinate with clients and departments, ensure compliance, issue letters of credit, scrutinize documents, and meet customer requirements within agreed timelines.

Requirements

  • •Qualification – Graduate / Post-Graduate
  • •Experience – 2 one year of relevant experience
  • •Should be familiar with Trade Finance and CMS products. CMS – Chq collections (local, outstation, corr banks), Banker to Issue Operations.

Responsibilities

  • To handle day to day trade transactions, understanding client requirements
  • Co-ordination with cpc for transaction processing and discrepancy resolution
  • Dealing and co-ordinating with various business groups within the bank
  • Ensuring error-free and timely execution of trade transactions
  • Ensuring compliance and internal guidelines are being adhered to
  • Co-ordinating with clients /Corr Banks for getting the queries raised by Trade Finance / CMS Operations resolved in a timely manner
  • Issuance of Letter of credit
  • Initial scrutiny of documents for Trade before sending the documents to CPC for further processing
  • Attending to front-end requirements of corporate customers
  • To co-ordinate with CPC / CMS / Clearing for all requirements of the customer and ensure that all deliverables are delivered / transactions processed as per the agreed TAT

FAQs

What is the main focus of the Operations Team Member role in the Customer Service Desk?

The main focus is to handle day-to-day trade transactions, understand client requirements, coordinate with various business groups, and ensure timely execution of transactions while adhering to compliance and internal guidelines.

What qualifications are required for this position?

A graduate or post-graduate degree is required for this position.

How much experience is needed for this role?

A minimum of one year of relevant experience in the field is required.

What specific knowledge should candidates have for this role?

Candidates should be familiar with Trade Finance and CMS products, including cheque collections and operations related to Banker to Issue.

What are some key responsibilities of this position?

Key responsibilities include processing trade transactions, coordinating with clients and banks, issuing letters of credit, scrutinizing documents for trade, and ensuring compliance with service level agreements.

Is there any interaction with clients involved in this role?

Yes, the role involves attending to the front-end requirements of corporate customers and coordinating with clients to resolve queries related to Trade Finance and CMS operations.

What is meant by TAT in the context of this job?

TAT stands for Turnaround Time, which refers to the agreed timeframe for delivering services or processing transactions as per customer expectations.

Will the Operations Team Member need to work with other departments?

Yes, the role requires coordination with various internal departments such as CPC (Central Processing Center), CMS (Cash Management Services), and Clearing to ensure smooth operations and efficient service delivery.

Are there any compliance aspects to consider in this role?

Yes, ensuring compliance with internal guidelines and regulatory requirements is a critical aspect of this position.

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.