IDFC Group - Vice President - Retail Liability Operations

Position Code: 00001020

Business Unit: Operations

Job Title: Vice President

Location: Mumbai

Desired Profile:

- Possess minimum 7 years total experience in Operations with atleast 3-5 years particularly in Retail Liability Operations

- Independent Thinking: Ability to think independently and without supervision to deliver on organizational goals & objectives

- Innovativeness: Ability to think laterally and develop solutions

- Communications Skills: Ability to communicate clearly, decisively, across levels is required.

- Decisiveness: The right candidate shall demonstrate good logical / analytical skills backed by data and gut feel to lead the organization towards its objectives.

Key Accountabilities:

- The Candidate is expected to help setting up the Retail Liabilities Operations by working closely with all stakeholders.

This involves:

Drafting a blueprint for setting up of Retail Liabilities Operations and defining the process for:

- CASA Operations - Term Deposit & its Operations

- Control Check Points for Data, KYC, AML

- Defining Processes around Scanning and Logistics keeping TAT's / Accuracy in mind.

- Partner / Vendor Management.

- Client /Sales Queries & Processes

- Continuous evaluation of Processes with a focus on bringing in improvement

- Interactions with Consumer Banking focused on improving the control environment and improving on TAT's.

- Contribute to drafting policies for regular monitoring and reviewing existing systems and procedures and design internal controls /quality audit checks for various processes.

- Ensuring the processes and policies are compliant and streamlined within the Regulatory Guidelines.

- Production of various MIS / Analytics / Dashboard for review with Senior Management & Business.

- Working with all Partners / Vendors so selected to maintain risk & control.

- During the setup stage of the bank, create processes in line with the overall organizations objective by regular interactions with business and allied functions.

- Ensuring that the Operations are run at a level of Cost, Accuracy, Efficiency, Customer Delight in line with Organizational Objectives.

- Develop a BCP / DR Framework and continuously improve upon it.

- Ability to look at obstacles / problems as challenges and develop innovative solutions.

Industry Preference: Bank