[New Job Vacancy] Assistant Manager-Remittances job in BNP Paribas, (Chennai, Tamil Nadu) – Jobs in Chennai, Tamil Nadu

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Job Opening details:-
Company Name :-
BNP Paribas
Position Name :-
Assistant Manager-Remittances
Company Location :-
Chennai, Tamil Nadu
Job Category :-
Back Office jobs

Full Job Description :-
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
Position Purpose
To manage, monitor and control transaction processing related to Cross Border Remittances, Nostro & Vostro related paymnets, Domestic Payments and Products related to Cash management services of BNPP WITH THE OBJECTIVE to facilitate smooth functioning and ensure the Operations Objectives are met for all the sites handled in GPCO within Global Banking Operations.

Responsibilities
Direct Responsibilities
Operations MANAGEMENT: Supervise processing of Remittance & Payment transactions to ensure transaction processing is in compliance with the Internal policy & procedures and local regulatory guidelines. Adherence to the SOP and SLA, TATs. Ensure 100% Quality delivery.
OPERATIONS RISK MANAGEMENT: Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls. Implement and monitor control plans and pay attention to risk related areas in operations. Be able to anticipate risk and introduce controls accordingly to safeguard the operational areas.
3. COMPLIANCE: Ensure adherence to internal policy & guidelines, compliance, screening, legal and regulatory aspects by the team members. Current and extensive knowledge of the laws and regulatory guidelines by which the bank is required to comply with and act as an integral part of the team regarding knowledge resources for all compliance-related matters. Keep oneself upated with RBI circulars, FEMA.
4. TEAM SUPERVISION &TRAINING: Monitor the performance of the Team members. Provide Training support wherever needed. Mentor & Coach, Cross-skill.
Contributing Responsibilities
1.OPC: Contribute to the Operations Permanent Control framework
2..CUSTOMER SERVICE: Monitor turn around times, and operational efficiency . Resolve customer complaints and queries.
3. CLIENT RELATIONSHIP MANAGEMENT: Support MO to address ultimate client needs and resolve customer complaints if any.
4. INFORMATION MANAGEMENT: Supervise preparation and submission of MIS and reports to management as required and disseminate information to the Team.
Technical and Behavioral Competencies required
TECHNICAL COMPETENCIES REQUIRED:
1.Familarity with Computer applications, MS Office, Business Objects etc
2. Proficient in FEMA, OFAC, AML,FEDAI,RBI Circulars, Vigilance screening,Purpose code etc
3.Familarity with Back Office Operations, Processes and systems.
4.Knowledge on various regulations connected with Banking Operations.
5.Operational Risk awareness
6.Knowledge on Banking Law & Practice
7.Product Knowledge on Cash Management
BEHAVIOURAL COMPETENCIES REQUIRED:
1.Communications Skills
2.Networking & Logistics Management
3.Interpersonal & Team Building Skills
4.Results Driven
5.Taking Initiative and Risk Management Skills
6.Client Focus and Decision Making Skills
MANAGERIAL COMPETENCIES REQUIRED:
1.Ability to support the teams
2.Crisis Management.
3.Maintaining cordial relationship among the teams
4.Delegating and Developing Others
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Communication skills – oral & written
Ability to collaborate / Teamwork
Critical thinking
Decision Making
Transversal Skills: (Please select up to 5 skills)
Ability to manage a project
Ability to develop others & improve their skills
Ability to develop and adapt a process
Analytical Ability

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