Back Office Operations

Assistant Manager – Back Office strives in supporting the bank’s growth and profitability by providing relentless support in back office operations. The Assistant Manager – Back Office is responsible for the clearing operations, account opening, whole trade operations etc. This position involves active co-ordination with the other departments for clearances and banking payments. The role reports into the Manager – Back Office and is an individual contributor role.
Accountabilities
 Clearing Operations
 Processing of Inward and outward clearing cheques on daily basis
 Reconciling current accounts on daily basis
 Realizing the outward clearing cheques presented for clearing after verifying the returns
 Funding account for inward clearing settlements and also transferring of excess funds to the bank’s RBI account for treasury investment.
 Account Opening
 Opening of Savings and Current account after verifying the KYC as per the RBI guidelines.
 Updation of contact numbers, addresses and other mandatory details as per the customer request.
 Addition and deletion of authorized signatories in the current accounts as per the customer request.
 Updation of Risk categorization in all the accounts based on the customer profile.
 Processing of debit cards for both savings and current account(s) of newly opened accounts and for the customer who lost their debit cards and debit pin
 Trade operations
 Processing of outward/inward remittances for both savings and current account as per the customer request.
 Import collection payment.
 Inland / Foreign LC Bill payment.
 Bank Guarantee.
 FDI Payments.
 Knowledge of IDPMS & EDPMS.
 Deposits
 Opening of fixed deposits and installment deposits as per the request
 Processing rollover of fixed deposits
 Monthly interest payment for the concerned account
 Debit Card
 Processing of debit cards for new issuance and re-issuance for all the branches on daily basis.
 Organizing couriers to deliver the Debit cards and Debit pins to the respective branches.
 Cheque Books Processing
 Processing of cheque books for newly opened accounts for all the branches.
 Organizing the couriers to deliver the cheque books to their respective branches.
 TDS And Service Tax payments
 Processing of TDS and Service tax payments for the customers and for the Woori Bank
 Processing of employee PF payments for Woori bank employees
Requirements
 Any Graduate with 5-7 years of experience in banking industry
 An active team person willing to take responsibility.
 Possess excellent coordinating and organizing skills.
 Commitment to quality and results.
 Requires eye-for-detail.
 Excellent Interpersonal, communication skill
 Should know English & regional language
 Young, energetic, solution oriented and outgoing personality with good aptitude and attitude