Senior Manager - Banking Operations & Payments

Job Overview:

We are seeking a highly skilled and motivated Banking and Payment Specialist to join our team. This individual will play a crucial role in overseeing and managing banking operations, payment processing, and ensuring compliance with financial regulations. The ideal candidate will have a solid understanding of banking systems, payment platforms, and a passion for optimizing financial transactions to ensure efficiency, accuracy, and security.

Key Responsibilities:

• Payment Processing Management: Oversee the processing of both domestic and international payments, ensuring timely and accurate transactions across various channels.
• Banking Operations: Manage daily banking activities, including cash management, reconciliations, interest calculator, debt servicing, accounting of financial transactions and working closely with banks to maintain smooth operational flows.
• System Management: Collaborate with IT teams to ensure seamless integration of banking and payment systems, handling any troubleshooting, upgrades, or issues as needed.

• Regulatory Compliance: Stay updated with banking regulations, ensuring that payment processing and banking activities adhere to relevant laws and internal policies.

• Customer Support: Act as the point of contact for any issues or inquiries related to banking and payment processes, providing assistance to both internal teams and external clients.

• Risk Management: Identify and mitigate risks associated with payment processing, including fraud detection and prevention strategies.

• Reporting & Documentation: Prepare reports on banking activities, payment trends, and transaction volumes. Ensure proper documentation and record-keeping in accordance with regulatory standards.

• Collaboration: Work with cross-functional teams such as finance, compliance, legal, and customer service to ensure efficient banking and payment operations.

Skills and Qualifications (MUST HAVE)

• CA or MBA specializing in Finance, Business, Accounting, or related field.

• Proven experience of 10 years in banking operation, payment processing, accounting, debt servicing.

• Strong understanding of payment systems, financial regulations, and banking operations, LC mechanism
• Familiarity with payment gateways, digital wallets, ACH, SWIFT, and wire transfers.
• Proficiency in using SAP HANA, and reporting systems.