Position: CMS Junior Auditor
Experience: Fresher to 1 Year
Location: RBL Bank (Goregaon west)
Job Summary:
Responsible for auditing, verification, reconciliation, and compliance monitoring of Cash Management Services (CMS) operations to ensure accuracy, regulatory adherence, and operational efficiency. The role involves reviewing customer transactions, account operations, vendor billing, documentation scrutiny, GL reconciliations, dividend processing, escrow management, and reporting activities while maintaining internal control standards and minimizing operational risks.
Key Responsibilities:
- Verify cheque collection transactions, customer charges, and vendor billing.
- Audit cash collection transactions, DSB charges, vendor billing, and CRM requests.
- Review and verify RDA (Rupee Drawing Arrangement) requests, non-trade purpose codes, and country additions.
- Verify Referral Forex transactions and RERA account opening requests.
- Audit transactions and standing instructions related to RERA accounts.
- Scrutinize Escrow Agreements and oversee Escrow Account opening processes.
- Verify escrow account transactions, escrow fees, budget setup, and budget-related transactions.
- Review opening and closure of current accounts for share application money and verify related transactions.
- Verify payment transactions for Direct Tax, GST, and Customs Duty.
- Examine customer onboarding and setup documents, including forms, board resolutions, KYC documents, API setup requests, virtual account setup, and POA requests.
- Process and reconcile CMS Payment GL accounts to ensure accounting accuracy.
- Perform periodic GL account reconciliations and partner bank reconciliations.
- Manage dividend-related activities, including account reconciliation, summary reporting, vendor billing, payment processing, instrument printing, warrant master maintenance, and NACH MIS reporting.
- Monitor cheque/DD stock registers, vault records, key movement registers, and stock verification controls.
- Handle DD reconciliation, stale instrument cancellations, IEPF transfer cases, account name modifications, account freezing, and dividend reissuance cases.
- Prepare DEAF monthly reports and support regulatory compliance requirements.
- Review escrow transaction requests received through fax and email indemnities.
- Conduct quarterly reconciliation of escrow agreements.
- Audit special cash collection activities, including school fee collections and pre-signed blank cheque controls.
- Ensure adherence to internal audit standards, banking regulations, operational policies, and risk management guidelines.
Skills Required:
- Banking Operations & Auditing
- Cash Management Services (CMS)
- Account Reconciliation
- Documentation Verification
- Regulatory Compliance
- Risk Assessment & Internal Controls
- Financial Reporting & MIS
- Attention to Detail
- MS Excel & Banking Applications
- Analytical and Problem-Solving Skills
Eligibility:
- Graduate in Commerce, Finance, Banking, or related discipline.
- Fresher or up to 1 year of experience in banking operations, audit, finance, or CMS functions.
Pay: ₹13,000.00 - ₹17,000.00 per month
Work Location: In person
