Job Description: CMS Auditor
Experience Required: 1 to 2 Years
Joining: Urgent Requirement (Immediate Joining Preferred)
Location: IndusInd Bank, Chakala MIDC
We are looking for a detail-oriented CMS Auditor with 1–2 years of experience in banking operations, CMS (Cash Management Services), and reconciliation activities. The candidate will be responsible for supporting end-to-end audit and operational control checks related to collections and payment processing activities.
Key Responsibilities
1. Collections Audit & Operations
- Monitoring cash and cheque pick-up arrangements for CMS clients
- Reconciliation of cash picked up vs. cash deposited by vendors
- Tracking delays in cash deposit and identifying interest recovery cases
- Monitoring vendor cash limits and compliance
- Reviewing correspondent bank arrangements and clearing TAT (Turnaround Time)
- Verification of cheque purchase arrangements and CMS charges
- Monitoring vendor bill payments and direct debit collections
- Processing and validation of NACH mandates and related forms
- Performing internal account reconciliations
- Monitoring nodal and intermediary accounts
2. Payments Audit & Processing
- Cheque/DD printing and customer cheque processing
- Coordination for correspondent DD and at-par arrangements
- Verification and reconciliation of dividend and interest warrant payments
- Processing salary payments for corporate clients via online systems
- Certification and monitoring of intermediary CMS accounts (as per regulatory requirements)
- Limit setting and monitoring for online corporate customers
- Handling return marking and transaction exceptions
- Processing bulk RTGS and NEFT transactions
- Managing fee/charge recovery, including IMPS-related charges and commissions
- Working on government and institutional payment systems (e.g., GeM, eNAM, etc.)
- Processing refunds such as bidding amount refunds (where applicable)
Pay: ₹15,000.00 - ₹20,000.00 per month
Work Location: In person
