AVP - Governance & Control - Corporate Clients - Bank

AVP - Governance & Control - Corporate Clients

- To implement Governance around below activities Asset Customers

- Data verification (verification of data pulled by partners)

Following are key deliverables :

- Details pulled by Jocasta on entering GSTN match the enterprise details

- DOI is same in ABL and AOS

- Turnover added is audited turnover. Name, PAN and Business and Communication Address populated in line with actuals

- Bank statement, bank name, account number. Name as in financial statements vs Enterprise

- Name match

- Shareholder name, PAN and other details in line with proofs

- Consent letter of each shareholder/collateral provider and on behalf of entity

- Pre screening check.

- To check if following are correctly captured/assessed

- ITR, Bank statement

- Net business credit, Industry margin, assessment sheet input, Limit assessment

- Post approval

- Liability Customers

- Quality of onboarding covering below parameters

- Source of onboarding (partners, self sourced etc.) and trending MOM, any abnormal movement for ex increase in self source or from any one partner

- Constitution concentration

- Activation of account (balance in Month of onboarding, or T+1 etc) and highlight account/sources where there is delay

- To verify if third party CPV is done for all Self source/Sole prop

- Ensure that RSH buy in is there for all walking/Biz care leads

- Whether variants are keeping minimum balances required and follow up for corrective action t

- Ensure that certain industry type accounts are opened only post BU Head approval (OTT, Tours & travels)

- Transaction surveillance

- Governance on Vendor Management(Referral partners and Business Correspondence