Team Member – Clearing Operations (Authorizer) :- Inward and Outward Cheque verification in vendor system. Co-ordination with branches/inter departments and other banks for handling queries and settlements. Physical cheq…
Skills: Cheque Verification, Finacle, NI Act, CTS Guidelines, Vendor Coordination
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Full-time
bachelor degree
Posted 8h ago
~40 hrs/week
Responsibilities
Responsible for verifying inward and outward cheques, processing returns, and managing ASBA applications. The role involves coordinating with branches, vendors, and courier agencies while maintaining daily MIS and ensuring compliance with NI act and CTS guidelines.
Requirements
Requires a minimum of a bachelor's degree and 3-5 years of experience in banking operations, specifically using Finacle. Candidates must be proficient in office automation tools and flexible to work in day or night shifts.
Full job description
Team Member – Clearing Operations (Authorizer) :-
Inward and Outward Cheque verification in vendor system.
Co-ordination with branches/inter departments and other banks for handling queries and settlements.
Physical cheques checking with HOCDL report.
Transfer cheque processing.
Maintaining daily MIS
Coordinating with Vendor and record management team
Inward & Outward returns processing.
Outward cheque return dispatch and coordinating with branch and courier agencies.
Managing RTO from courier.
IPO ASBA application processing and sign verification. (M2/M3)
Monitoring payee name differ and resolving branch queries (M2/M3)
Accounting entries in Finacle. (M2/M3)
Should have at least 3-5 year experience in operations. (M2/M3)
Should have experience in team handling and vendor agency coordination. (M2/M3)
Good communication skills.
Knowledge of Ms Office/Excel (V-look up) will be an added advantage.
Should be proficient in NI act and CTS guidelines. (M2/M3)
Should be able to handle audit and compliance for the Location. (M2/M3)
Requirement :-
Minimum Graduation required.
Basic Knowledge of Banking function
Well Versed with Office Automation Like word, Excel, Power Point
Speed Accuracy & Proactive thinking in the processing of Clearing Transaction.
High level of Commitment and be able to Multi task
Should be an excellent coordinator as the position will need you to interact with Various branches other stake holders and within the bank
Should have worked in Finacle and have about two to three years of experience in Finacle.
One of India's leading banks offering a wide range of financial services that encompass every sphere of life.
Industry
Banking
Company size
10,001+ employees
Founded
1985
Headquarters
Mumbai, Maharashtra
LinkedIn followers
1,627,722
About Kotak Mahindra Group:
Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.
The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.
The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore. For more information, please visit the company’s website at https://www.kotak.bank.in/en/home.html
Note: Our new toll-free number is 18004100.
SEBI registration details - https://www.kotak.bank.in/content/dam/Kotak/others/sebi-registration-details.pdf
Offices: 36-38A, Nariman Bhavan, 227 Nariman Point, Mumbai, Maharashtra 400021, IN · 8th Floor, Portsoken House, 155-157,, London, EC3N 1LS, GB · 50, Main Street,, Ste. 890, White Plains,, NY, NY 10606, US · Representative Office, Al Otaiba Building,, 907, Hamdan Street, Behind KFC,, Abu Dhabi, AE
How many Administrative jobs are open in Mumbai, India right now?
There are currently 192 open administrative positions in Mumbai, India listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Administrative roles in Mumbai, India?
Companies currently hiring include Citi, JLL, Kotak Mahindra Bank, HSBC, Marriott International Hotels, Inc., among others. Browse the listings above to see every active employer.
Are there remote or hybrid Administrative jobs in Mumbai, India?
Yes — 44 of the 192 open administrative positions offer remote or hybrid work (13 remote, 31 hybrid).
How do I apply for Administrative jobs in Mumbai, India?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.