Executive - Banking Operations - Immediate Requirement

Position Overview:

The Executive - Banking Operations will be responsible for managing and overseeing daily banking activities, ensuring seamless transactions, and maintaining accurate records. This role requires a proactive approach to financial processes, including mutual fund operations, account reconciliation, and coordination with Asset Management Companies (AMCs).

Key Responsibilities:

1. Mutual Fund Operations:
• Processing transactions related to mutual fund investments, redemptions, and switches.
• Coordinating with AMCs for fund-related queries and operational updates.
• Ensuring timely updates and reporting for mutual fund portfolios.
2. Reconciliation:
• Conducting daily reconciliation of accounts, transactions, and statements.
• Identifying and resolving discrepancies promptly.
• Preparing reconciliation reports and ensuring compliance with regulatory requirements.
3. Banking Operations:
• Processing customer service requests, account maintenance, and fund transfers.
• Managing fixed deposits, loans, and other banking products as required.
• Ensuring compliance with banking policies, procedures, and regulatory norms.
4. Coordination with Stakeholders:
• Liaising with AMCs, banks, and internal departments to resolve operational issues.
• Supporting internal and external audits by providing accurate documentation and reports.
5. Reporting and Documentation:
• Preparing periodic reports related to banking operations and mutual fund activities.
• Maintaining updated records of all transactions and reconciliations.

Qualifications and Skills:

• Bachelors degree in Commerce, Finance, or a related field.
  • 2-4 years of experience in banking, financial operations, or mutual fund management.
  • Strong knowledge of mutual funds, reconciliation processes, and AMC operations.
  • Proficiency in MS Office (Excel, Word) and banking software.
  • Excellent analytical, organizational, and communication skills.
  

Key Competencies:

• Attention to detail and problem-solving skills.
• Ability to work collaboratively with cross-functional teams.
• Strong customer focus with a results-oriented mindset.
  

Location: Selenium Building, Tower B, Plot No 31&32, Nanakramguda, Financial District, Serlingampally, Hyderabad 500032.

Employment Type: Full-time