Team Lead – CMS Operations
Experience: 2–4 Years
Location : RBL Bank ( Goregaon West)
Job Summary:
Results-driven banking professional with 2–4 years of experience in transaction verification, cash management services (CMS), account operations, reconciliation, and regulatory compliance. Responsible for leading operational verification processes, ensuring accuracy of financial transactions, maintaining regulatory adherence, and managing critical banking activities related to collections, forex, escrow, RERA, dividend processing, virtual accounts, and GL reconciliations.
Key Responsibilities:
- Verify cheque and cash collection transactions, including customer charges, vendor billing, DSB charges, and CRM requests.
- Review and authorize RDA (Rupee Drawing Arrangement) requests, non-trade purpose codes, country additions, and referral forex transactions.
- Verify RERA account openings, transactions, standing instructions, and compliance requirements.
- Scrutinize escrow agreements, oversee escrow account openings, transaction verification, fee processing, budget setup, and quarterly reconciliations.
- Verify opening, closure, and transaction processing of current accounts for share application money.
- Review and authorize tax payment transactions, including Direct Tax, Customs Duty, and GST payments.
- Conduct detailed scrutiny of customer documentation for client setup, virtual accounts, API integration, and POA requests.
- Manage CMS payment GL accounts and perform regular reconciliation activities to ensure accuracy and compliance.
- Handle dividend-related operations including account reconciliation, reporting, vendor billing, payment processing, instrument printing, NACH MIS, stock verification, DD reconciliation, stale cancellations, IEPF transfers, account modifications, freeze activities, and reissuance cases.
- Prepare and review monthly DEAF reports and partner bank reconciliations.
- Verify escrow transactions involving fax and email indemnity requests.
- Monitor specialized cash collection activities, including school fee collections and pre-signed blank cheque processing.
- Ensure adherence to internal controls, operational risk guidelines, audit requirements, and regulatory standards.
- Lead process improvement initiatives, support team productivity, and maintain high levels of service quality and operational efficiency.
Core Skills:
- Banking Operations & Transaction Verification
- Cash Management Services (CMS)
- Account Reconciliation & GL Management
- RERA & Escrow Operations
- Forex & Trade Operations
- Dividend Processing & Regulatory Reporting
- Documentation Review & Compliance
- Risk Management & Internal Controls
- Team Leadership & Stakeholder Management
- Process Improvement & Operational Excellence
Experience Required: 2–4 Years
Role Level: Team Lead / Operations Team Lead
Industry: Banking & Financial Services
Pay: ₹20,000.00 - ₹30,000.00 per month
Benefits:
Work Location: In person
