Operations Manager

ICICI Bank; Indore District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ICICI Bank is seeking an Operations Manager to ensure a seamless banking experience, coordinating across teams to process and reconcile customer transactions while maintaining compliance and data accuracy. The role covers international remittances, forex services, loans, cards, and GST filing, requiring collaboration across business verticals.

The ideal candidate has relevant work experience and a background in MBA/CA/engineering, with strong MS Excel skills and a focus on regulatory adherence.

Qualifications

• MBA, CA, or engineering degree with relevant work experience.
• Strong knowledge of MS Excel.
• Familiar with trade regulations and KYC norms.
• Ability to ensure compliance of Internal Policies and regulatory requirements.

Responsibilities

• Reconciliation of Bank Accounts, Nostro Accounts, ATMs, Debit cards and other office accounts.
• Stakeholder coordination with multiple Bank teams to facilitate transaction processing.
• Compliance with regulatory guidelines while processing transactions.
• Managing TAT and quality control for accurate processing of customer requests.
• Data analysis and MIS preparation to interpret customer data and identify trends.

Skills

MS Excel

Education

MBA

Chartered Accountant

Engineer

Tools

MS Excel

Job description

At ICICI Bank, we believe in serving our customers beyond our role definition, product boundaries, and domain limitations through our philosophy of customer 360-degree. In essence, this captures our belief in serving the entire banking needs of our customers as One Bank, One Team. To achieve this, employees at ICICI Bank are expected to be role and location-fungible with the understanding that Banking is an essential service. While the role descriptions give you an overview of the responsibilities, it is only directional and guiding in nature.

About the role

At ICICI Bank, the Operations Manager plays a vital role in ensuring a seamless banking experience for customers. This group caters to the needs of all ranges of customers, ranging from retail customers to large business corporates. In this role, the overarching responsibilities include but are not limited to processing, reconciling, and monitoring various customer transactions, international remittances, forex services, advances, loans, cards, overdraft solutions, and GST filing. As the operations group cuts across all the business verticals of the bank through its back-office efforts, the role holder would be required to collaborate with various teams. Depending on the role requirements, the role holders may also have to ensure compliance and regulatory guidelines of multiple transactions, disbursement, and issuances. Additionally, the role holder would also be required to maintain data sanctity and MIS in their respective job areas.

Key Responsibilities:

Reconciliation: Handling reconciliation of various products like Bank Accounts, Nostro Accounts, ATMs, Debit cards, and other office accounts.

Stakeholder Coordination: Coordinating with multiple stakeholders within the Bank to facilitate smooth transaction processing.

Compliance: Ensuring compliance with regulatory guidelines while processing transactions.

Managing TAT & Quality: Processing all customer requests within TAT and ensuring quality & control for accurate processing.

Data Analysis & MIS Preparation: Interpreting customer data to identify pre-delinquency trends.

Behold our values: Build products that are Fair to Customer, Fair to Bank.

Key Qualification & Skills:

Education Qualification: MBA, Chartered Accountants, Engineers & Graduates with relevant work experience

Computer Literacy: Needs to have basic computer skills especially MS Excel.

Basic document knowledge: Candidate should know about basic documents and KYC norms.

Familiar with Trade Regulations: Should know the trade transaction life cycle and related regulations.

Ensure Compliance: Ability to ensure compliance of Internal Policies and adhere to regulatory requirements.

Synergize with Team: Willingness to work with various teams for on-ground support and deliver enablers as required.

About the Business Group

The operations team is the backbone of the Bank and works closely with various departments of the Bank to provide a seamless customer experience. The group caters to the diverse needs of the customers with a broad spectrum of services. The team ensures the smooth execution of customer requests, from the execution of complex foreign currency derivatives for an exporter to cash management services for merchants/corporates. The operations group extends its services to various operations like Asset operations, central reconciliation, Liability operations, payments, remittance and international operations, treasury, security services, and trade finance operations.