Asst Relationship Manager- FI India

JOB DESCRIPTION

Job Purpose

To assist FI Relationship team on support relating to FI clients as below:

• Acting as the relationship contact for new and existing ACU Dollar and Vostro accounts (nonIndian banks), including KYC and regulatory requirements.
• Co-ordinating with GTB team and India stakeholders for matters related to offer letters, T&Cs, and reviewing Vostro agreements, pricing and rebates
• Supporting FI Export Trade under LCs of nonIndian banks and managing exporter KYCs as per local regulations
• Coordinating with FI clients on AML monitoring information requests (Indian and nonIndian banks).
• Supporting RCSA areas relevant to ACU Dollar, Vostro, and export LCs.
• Reviewing India Correspondent Banking policy with Mumbai stakeholders and the UAE Correspondent Banking Head.
• Coordinating with Client Servicing and Operations on escalated servicing issues.
• Supporting collections for outstanding commission charges/revenues.
• Support FI India Coverage on queries and operational matters as required

Key Result Areas

• Establish, strengthen and enhance relationship with all FI RMs globally and our local and global compliance team.
• Ensure adherence to all Audit and Compliance policies.
• Performance of tasks with minimal supervision of Relationship Managers
• Secure Legal clearance on contracts/agreements entered with client banks.

Operating Environment, Framework and Boundaries, Working Relationships

• Competitive, dynamic and regulated business environment. The job holder operates within well-defined and demarcated areas and is required to adhere to the policies and guidelines set out in the banks Policy Manual. Candidate must effectively liaise with within the business unit, compliance team (as appropriate) and related support units to achieve business objectives.

Problem Solving

• Assist FI Relationship team on matters needing business support as documented above

Decision Making Authority & Responsibility

• Responsible to maintain compliance on ACU Dollar, INR Vostro accounts and export trade under LCs of non-Indian Banks
• obtain documents and clarification relating to FI clients (KYC, RFI etc)

Knowledge, Skills and Experience

• Good understanding of FI clients KYC and regulatory requirements
• knowledge of FI Cash Management & Trade Products
• Effective coordination and communication skills with ability to perform as a team player.
• University graduate or postgraduate with minimum 5 years experience in FI Cash Management & Trade Operations