Checker role responsible for approving, settling and reconciling cash management transactions (paper and digital). Manage collections (cash, cheque, POS, payment gateways), electronic payments (RTGS/NEFT/IMPS/UPI), NACH/eNACH, virtual accounts, dividend disbursements, escrow accounts, MIS/reporting, vendor coordination, regulatory (KYC/AML) adherence, process reviews, and audit compliance to maintain turnaround times and client reporting.
Checker role function responsible for execution, settlement and reconciliation of transactions originating in the front office related to all Cash Management products - Paper based & Digital.
Responsibilities- Responsible as a checker to approve related transaction, charge calculation, MIS submission to customers, Vendor Management. Liaise with related function/Branch on task accomplishment.
- Physical Cash Collections
- Cheque collections
- Collections through POS/EDC machines
- RTGS/NEFT/IMPS/NEFT 24*7/UPI/BBPS BOU/
- Physical NACH/eNACH for recurring collections
- Payment Gateway Collections through Net banking/Debit Card/Credit card. Any other collections types which RBI/NPCI may introduce.
- Paper based instruments - Drafts, Cheque Printing.
- Dividend Disbursements Management
- Cash Delivery services co-ordination
- Electronic Payments - RTGS/NEFT/IMPS/UPI
- Physical & eNACH for recurring payments
- Statutory Payments
- Utility Bill Payments
- Esrow Accounts.
- MIS/Reports;
- Cash collections
- Cheque Collections
- Virtual account Management
- All digital modes reports as per client requirements
- Monitor turnaround times and ensure the same is maintained effectively.
- Review existing operational processes & modify accordingly in line with the market and to improve turn around time on processing.
- Adherence to regulatory guidelines while processing transactions from KYC/AML perspective.
- Ensure all processes are being followed from an audit perspective.
Experience: 5 to 7 years
Qualifications:
Graduation (Any Specialization)
Post Graduation (Any Specialization)
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