Job Description:

Assistant Manager - ( LIM0000AO )


The role holder is responsible for thorough due diligence of the customer in accordance with Banks compliance policies and RBI practices for account opening verification / life cycle transaction /closure activities in order to ensure zero deviation in the processes


Strategic/ Managerial Responsibilities


Core Responsibilities

Document Verification
Scrutinizes the KYC documents and Customer application submitted by the sourcing channels for correctness, completeness and compliance in accordance with the Banks policies and procedures
Captures the customer information / instruction / transactions in the DP system (if required by the job role)
Highlights discrepancies in the customer application to the sourcing channels for rectification and compliance (if any)
Executes and completes the allocated tasks assigned within the stipulated timelines to ensure SLAs are met
Works efficiently towards the assigned tasks with accuracy and minimal error
Ensures that all processes related to Reconciliation & NPS are in place, consistent with overall enterprise policies and regulatory requirements
Maintains data on activities and provide regular MIS on for review with Senior Management & Business as per requirements

Self-Management Responsibilities

Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year
Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training
Highlights / reports any process lapse / gaps or bottlenecks in day-to-day processing to reporting authorities
Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively
Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education

Risk and Internal Control Responsibilities

Follows the Policy and processes to mitigate the operational, regulatory & financial informational risks
Assists in formulating vital check points in order to minimize fraudulent customer activities
Identifies and highlights suspicious activities / tampered documents submitted
Executes the established internal control systems and compiles relevant information for departmental audits, as necessary


Key Internal Interactions

Purpose of Interaction

Branches/Other Units of LIMOPS

For continuous feedback and updates to unit members and unit manager on processes and activities with a focus on bringing in improvement
For providing regular training to the team members on processes and systems

Key External Interactions

Purpose of Interaction

BC Partners/Vendors

For ensuring smooth workflow coordination with various vendors & BC partners for process related issues/matter/clarifications


Minimum Qualifications

BCom Hons Preferred or equivalent

Professional Certifications

Must have cleared NISM Depository Module (applicable only for DP maker role)
Any diploma or certification on Banking and Finance would be an added advantage

Language Skills

Fluent in written/spoken English
Regional languages known would be an added advantage


Years of Experience

0-2 years

Nature of


Prior experience in DP or banking or finance industry with knowledge of KYC guidelines and policies

Primary Location India-Tamil Nadu-Chennai

Work Locations Noc Chennai


CHENNAI 600053

Job Assistant Manager

Organization Operations & Service Delivery

Schedule Regular

Shift Standard

Job Type Full-time

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 19th Feb 2020

Key Skills:

Company Profile:

Yes Bank Ltdarfix

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