Manages inward and outward cheque processing, transfer cheques, returns, IPO ASBA applications, and accounting entries in Finacle. Coordinates with branches, banks, vendors, couriers, and internal teams to resolve queries and settlements. Maintains MIS, dashboards, audit records, and operational reports while ensuring compliance with the Negotiable Instruments Act, CTS guidelines, maker-checker controls, SLAs, and internal procedures. Handles discrepancies, escalations, RTO cases, and team operations.
We are looking for a dedicated and experienced professional to join our Clearing Operations team as an Authorizer. The role involves managing inward and outward cheque processing, coordinating with branches and vendors, and ensuring compliance with regulatory and internal guidelines. The candidate will be responsible for verifying physical and system-based cheque transactions, handling IPO ASBA applications, and maintaining accurate MIS and audit records. This position requires strong operational knowledge of banking systems (especially Finacle), familiarity with the Negotiable Instruments Act and CTS guidelines, and the ability to manage vendor relationships and team coordination. The ideal candidate should be proactive, detail-oriented, and capable of handling audit and compliance requirements effectively.
ResponsibilitiesVerify inward and outward cheques in the vendor system.
Coordinate with branches, internal departments, and other banks for query resolution and settlements.
Check physical cheques against HOCDL reports.
Process transfer cheques accurately.
Maintain daily MIS and operational records.
Coordinate with vendors and the record management team.
Handle inward and outward returns processing.
Dispatch outward cheque returns and coordinate with branches and courier agencies.
Manage returned to origin (RTO) cases from courier services.
Process IPO ASBA applications and perform sign verification.
Monitor discrepancies in payee names and resolve branch queries.
Post accounting entries in Finacle.
Handle audit and compliance requirements for the location.
Coordinate with vendor agencies and manage team operations.
Ensure adherence to NI Act and CTS guidelines.
Ensure transactions are processed within SLA and as per approved procedures.
Follow maker-checker processes without exceptions.
Provide effective customer service and manage escalations.
Publish dashboards and MIS reports to senior management.
Ensure timely weekly, fortnightly, and monthly reporting.
Kotak Mahindra Bank Mumbai, Maharashtra, IND Office
Mumbai, India
Similar Jobs
Fintech • Payments • Financial Services
Manage inward and outward cheque processing, returns, settlements, IPO ASBA applications, accounting entries, MIS reporting, and audit records. Coordinate with branches, banks, vendors, couriers, and internal teams to resolve queries and discrepancies. Ensure compliance with the Negotiable Instruments Act, CTS guidelines, maker-checker controls, approved procedures, and service-level timelines while supporting escalations and team operations.
Top Skills:
Cheque Truncation System (Cts)Finacle
Fintech • Payments • Financial Services
Authorize and process inward and outward cheque transactions, transfer cheques, returns, and IPO ASBA applications. Coordinate with branches, banks, vendors, couriers, and internal teams to resolve queries and settlements. Maintain MIS, dashboards, audit records, and operational reports while ensuring compliance with Finacle procedures, the Negotiable Instruments Act, CTS guidelines, SLAs, and maker-checker controls. Manage discrepancies, escalations, customer service, vendor relationships, and team operations.
Top Skills:
CtsFinacleMisVendor Management Systems
Artificial Intelligence • Fintech • Information Technology • Logistics • Payments • Business Intelligence • Generative AI
Conduct red-team penetration testing of web, mobile, API, cloud, AI, and LLM applications. Assess vulnerabilities including prompt injection, jailbreaking, data poisoning, and model evasion; develop autonomous AI security-testing agents; perform remediation testing and reporting; and maintain application-security tools such as SAST, DAST, and WAF. Translate technical findings into business risks and collaborate cross-functionally to improve security.
Top Skills:
Ai/MlAPIsAWSAzureDastGCPLlmNistOsintOsstmmOwasp Top 10Owasp Top 10 For LlmsPtesPythonSans Top 25SastWaf
What you need to know about the Mumbai Tech Scene
From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.
