Treasury – Investment Back-Office

Position would be reporting to AVP financial controller.

 

Experience range min of 8 to 15 years preferred. Qualified CA preferred. CTC offered max of 30 Lacs on fixed salary+ variable and benefits. Designation would be finalised basis the candidates experience and technical skills.

 

 

Job Purpose:

To lead and manage the banking operations function, ensuring seamless transaction processing, optimal fund management, cost control, and strong relationships with banking and payment partners. The role is critical in supporting business operations, enhancing process efficiency, and ensuring compliance with internal and external requirements.

Key Responsibilities:

1. Bank & Payment Partner Relationship Management

• Maintain strong working relationships with all partner banks and financial institutions.

• Liaise with Payment Gateways (PGs) and Payment Aggregators (PAs) to ensure smooth transaction flows and cost-effective solutions.

2. Transaction & Collection Management

• Monitor and manage daily banking transactions including collections, disbursements, and reconciliations across all business lines.

• Ensure timely resolution of transaction-related issues such as payment failures, refunds, and payment confirmations.

• Coordinate with banks and internal teams for the opening and closing of bank accounts as per business requirements.

• Manage the addition and deletion of authorized signatories to ensure uninterrupted transaction processing and compliance with internal controls.

3. Fund Management & Reporting

• Ensure timely submission of daily fund position reports to the Investments team to facilitate optimal fund deployment.

• Coordinate with internal stakeholders to ensure adequate liquidity and meet working capital requirements across business functions.

• Prepare and share monthly cash flow workings to support financial planning, analysis, and decision-making.

4. Cost & Charge Review

• Review bank charges, including CMS and transaction fees, for accuracy and compliance with agreed terms.
• Identify cost-saving opportunities and negotiate better terms with banking partners.

5. Process Improvement & Automation

• Conduct regular reviews of banking processes to identify inefficiencies.

• Recommend and implement automation and process enhancements for improved accuracy and turnaround time.

6. Stakeholder Support

• Act as the first point of contact for internal teams on banking-related queries and escalations.
• Provide support to business units during critical transactions or system issues.

7. Compliance & Risk Management

• Ensure adherence to internal controls, audit requirements, and regulatory guidelines related to banking operations.
• Maintain documentation and SOPs for all banking processes.

Key Skills:

• Banking & Treasury Operations
• Relationship Management
• Analytical & Problem-Solving Skills
• Communication & Interpersonal Skills
• Process Optimization & Automation
• Knowledge of Insurance Business Processes (preferred)