We have been retained by our client, a reputed Private sector Bank to identify a Vice President - Banking Operations and Technology to be based at Mumbai. Job Purpose: To lead, organize, manage and provide strategic direction to the Operations, Information Technology and Administration functions with a view to create competitive advantage for the bank in the industry. Key Responsibilities: Banking Operations - Organisation and control of the entire Operations department relating to Trade Finance, Loans, Payments, Remittances, Treasury for centralized BO functions. - Review of work allocation and training of staff within the department. - To ensure standardization of procedures. - Regular job rotation of the all the Operations staff. - Authorization of all funded/non-funded transactions of the department within the credit limits approved and as per the Internal Authorization matrix. - Ensure compliance with Exchange control/Exim policy/Reserve Bank of India/FEDAI/IBA/FIMMDA and other regulations/guidelines. - Control and ensure timely submission of all reports to regulators/Statutory authorities/H.O./Management/others as applicable - Daily monitoring of Exception, Back valuation and other important reports and organise rectification of anomalies observed. - Review the monthly work in progress reports. - Ensure timely and proper permanent supervision within the department of all sensitive procedures/ accounts - Ensure compliance with the KYC/AML procedures for all accounts per group norms (with specific needs per business line). - Provide clarifications/guidance to colleagues/clients on Indian regulations. - Operational risk - Overall review and compliance of Operational Risk aspects for the department as defined by the ORM - Co-ordination with BPO to ensure smooth functioning of all the transactions which are outsourced. - Regular review and update of the Operations Procedure Manual - Co-ordination with all departments for smooth functioning of daily Operations - Represent the Operations Department in all forums as and when required - Assist in Implementation of New Projects of the bank - Assist in analysing the operational requirements for New Products by participating in the New Products Committee (NPC) process - Distribution of inward mail - Review of Swift messages file - Training and grooming the entire operations staff especially those reporting on various procedures, internal and external regulations, rules and guidelines - Assist Heads of Departments in devising effective recovery procedures - Organising the annual BCP test drill; assist in regional and global test drills - Perform Business Impact Analysis in line with Head Office templates and methodology - Maintain the BCP database, in particular contacts lists and call tree - Participate in Regional projects aiming and enhancing BCM set-up - Operational Risk related projects assigned by local management - Contribution to the Regional Operational Risk reporting and projects - Implementation of actions requiring the input of the Operational Risks Managers of the regional departments. Technology - To understand local business strategy, plans and formulate roadmap in terms of new IT initiatives. - Ensuring compliance of local and Head office regulations, monitoring SLA, IT performance, support review etc. - Establish and maintain a good relationship with business partners locally and regionally. - Work closely with CFO for Budgeting. - Project Management for various application development & infrastructure related projects and to provide production support for such infrastructure and applications. - To work closely with operational risk and cyber security department for any projects. - Responsible for management of application and infrastructure related issues - Production environment: Support, user request tracking, action plan follow-up - Escalation process (Incident Management, Crisis Management Outages) - Problem Management - Change & release Management - Capacity management (along with the stream leaders) - Security / Infrastructure Legacy management - Asset management - Inventory and reconciliation - Local License management - Maintenance & Contract management - Ensure process are properly documented and followed according to the bank's guidelines - To ensure all Audit points are closed on time. - To ensure all Permanent Supervision controls are performed on time. - To ensure the customers (internal / external) requests are treated on time Desired Skills/Competencies: - Highly conversant with technology & operating processes. - Strong communication skills both spoken as well as written. - Strong analytical approach to problem solving. - Should be detail conscious whilst maintaining strategic outlook. - Excellent management skills. Candidates Profile: - Candidates should be CAs or MBAs with 15 to 20 years relevant experience in operations & technology in Banking sector only. Interested candidates meeting with the above requirement may please respond with their most recent resume in word format

Mumbai

Director - Banking Operations & Technology 

Director - Banking Operations & Technology  ,Job Description for Director - Banking Operations & Technology  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (15-20) years of experience. Apply Now!

Job Description for Director - Banking Operations & Technology  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (15-20) years of experience. Apply Now!