JOB DESCRIPTION FORM

Job Title: Manager/Senior Manager – Accounts and Compliances

Date:

Job Holder Name:

Dept: SME – Compliance & Operations

Reports to: DH – Compliance& Operations

Location: Head Office

1: Job Purpose Statement (Summarise in one/two statements why this job exists and the contribution makes to the overall business of the company).

To ensure that the service is provided to customers internal and external as per operations standards and policies and processes are complied with. Also To ensure that All Transactions were recorded Accurately and All Compliances were met

2: Duties & Responsibilities ( List in the order of importance the duties & responsibilities of this job)

To understand the purpose and intent of various policies and check adherence on ongoing basis.
To Identify instances of deviations from defined policies and provide feedback related to execution gaps to concerned process owners
To monitor the effectiveness of the internal controls and provide feedback to enhance it on ongoing basis.
To measure and monitor the critical parameters related to compliance process and ensure adherence to defined operational standard
To Ensure all Post Disbursement Compliances were Fulfilled like CERSAI/ROC etc
To Comply with all RBI guidelines and Compliance like CRILIC Return/UBO/CKYC  identification and any other Compliances
To ensure Audit of 10% Sample Files Disbursed within 45 days of Disbursement
To ensure Submission Accurate Information and details to Various Audits Like Statutory Audit/RBI AUDIT/COSO Audits
To identify and highlight instances of non adherence to audit requirements
To document all the processes related to compliance operations
To review the effectiveness of the processes and revise the documents as per the revised process
To Ensure Customer Files and Documents were stored at RMC and proper control exercised with respect to Retrievals
To ensure completeness and correctness of MIS prepared and publish the same to various stakeholders
To Report NPA loans and Provisioning and other Monthly Reports to Corporate Accounts Team as per defined TimeLines
To reconcile Security Deposit Ledger on Monthly basis and Pass necessary Provision Entries on Monthly basis
To ensure CRM QRC were resolved as per defined TAT and System Solution is arrived for Repeated QRC
To Ensure all Transactions were recorded on the same day of Event and Daily Bank Reconciliation is done.  Highlight the non-Posted Transactions to IT Team for resolution and highlight the un accounted Credits/Debits to all concerned Teams  for further identification.
To Check the Accounting Exceptions and rectify the same .
Collaborates with other departments like Corporate Accounts, system, Internal Audit, etc. to direct compliance, operational issued and its resolution and maximize output from support functions
To work closely with all the concerned departments like  HO/Corporate Accounts, I.T, Tax etc to ensure the issues and challenges are resolved on timely basis.  

3: Key Challenges (List the key tasks performed to support the main objectives of the position).

Adherence to Key Operational standards

To monitor the effectiveness of the internal controls and provide feedback to enhance it on ongoing basis.

4: Decision Making Authority (Describes the type of decisions made alone, those on which the manager must be consulted, those referred to a higher level, and job procedures to be followed).

As per policy

5.OrganizationalRelationship(Provideanorganizationalchatwhichillustratestheorganizationalstructureforthisposition)

Manager – Compliance and Operations

DH – Compliance & Operations

Sr. VP –SME Business

6:  List of internal and external stakeholders the role is expected to interact with to execute duties effectively

Accounts, Internal Audit, IT, and Tax Departments

7: Job Requirements (Describe the educational requirements, suggested year and type of experience, nature and extent of skills/abilities required for the desired position).

Professional Qualification

Knowledge

Skills

Competencies

Commerce Graduate/ ICWA-CA with At least 4-5 Years of Relevant Banking Experience

Basic Accounting knowledge with reconciliation, SME Finance, Dealer Finance products.

Accounting, Reconciliation, Operations, customer Service.

Innovation led transformation

Result Orientation