Operations Manager

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

Benefits offered by this job

Job summary

ICICI Bank is seeking an Operations Manager to oversee end-to-end processing, reconciliation, and monitoring of customer transactions across retail and corporate segments. The role emphasizes compliance, data integrity, and MIS reporting, with collaboration across back-office and business teams to ensure smooth, compliant operations.

The ideal candidate will have strong experience in reconciliation, regulatory adherence, and stakeholder coordination, supported by an MBA/CA or engineering

Qualifications

• MBA, CA or engineering/graduate with relevant work experience.
• Basic MS Excel skills.
• Knowledge of basic documents and KYC norms.
• Familiarity with trade regulations and regulatory requirements.
• Ability to ensure compliance of internal policies and procedures.

Responsibilities

• Reconcile bank accounts, Nostro accounts, ATMs, debit cards and other office accounts.
• Coordinate with multiple bank stakeholders to ensure smooth transaction processing.
• Ensure compliance with regulatory guidelines while processing transactions.
• Manage TAT and quality; ensure accurate processing of customer requests.
• Analyze data and prepare MIS to identify pre-delinquency trends.

Skills

MBA

CA

Engineer

Graduate

Excel

KYC norms

Trade regulations

Compliance

Teamwork

Education

MBA

Chartered Accountant

Engineering degree

Graduate degree

Job description

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.