Team Member - Banking Operations

Key Responsibility Areas

- KYC KRA & CKYC related issues.

- ULIP Settlement of Claims, Payment of Premium to LIC of India & Oriental Insurance Co Ltd on Renewal of policy on every year September/ October and June respectively.

- Coordination with Compliance, providing mandatory MIS to Compliance on obtaining the same from RTA.

- Internal Audit /Income Tax.

- Providing requisite inputs to Department of Legal related to CDRF & other legal cases.

- Submission of SFT to Income Tax Authorities.

- AAA ensuring timely dispatch of Annual Abridged Report in physical / electronic mode.

- FATCA & CRS submission to Income Tax Authorities.

- Matters related to Risk Management & Operating Risk.

- STR analysis & STR & NTR submission to FIU IND.

- PMLA matters (renewal of AML Policy and sanction thereof).

- Fraud Prevention.

Qualification & Experience

Qualification

- Minimum Qualification - Masters / Post Graduation

- Should have qualified NISM Series V- A

Experience

a. Overall Work Experience Minimum 5 Years

b. Detailed understanding & Knowledge of Mutual Fund Industry, Capital Market, UTI Products and its growth & profitability drivers.

c. Knowledge of operation policies & procedures/service standards and competitive environment.

d. Knowledge of legislation and regulations, company policies & HR policies of UTI.

Key Relationship

Internal External

- UFCs

- DOFA

- Legal

- DOSM

- Compliance

- Technology

- SU UTI

- Head Investor Services - R & Ts including visit to their Hyderabad / Bangalore / Belapur Offices

- SEBI, GOI, AMFI and Other law enforcement agencies / Authorities Investors

- LIC of India

- Oriental Insurance Co Ltd.

Key Competencies :

a. Focuses on change and innovation - Demonstrates openness to new initiatives, continually identifies and implements improvements in one's work area, challenges the status quo, participates in the change initiative and motivates others to follow through the change initiative.

b. Develops Oneself - Proactively assesses own learning requirements, and takes up available developmental opportunities that may be relevant within the same domain/area, seeks and accepts feedback about oneself and acts upon it.

c. Maintains Industry Awareness - Understands the competitive and economic environment in which the organization operates, stays current on and anticipates local, industry and regulatory developments and their short-term impact on the organization, proactively builds a professional network outside the organization and leverages it for the benefit of the organization.

d. Respects Rules - Maintains strict compliance to laws, company policies and work rules when performing tasks, respects professional guidelines, drives the same behaviors within others and calls out any behavior that is non compliant.

e. Models Integrity - Demonstrates uncompromising honesty, ethics, integrity and handling of confidential and sensitive information appropriately, avoids and red flags potentially compromising business situations and conflicts of interest, reinforces the necessity of ethical and honest behaviors among others.

f. Collaborates - Willingly reaches out and works with others including those outside of one's area of work in order to achieve common goals, understands commonalities and areas of leverage, addresses any differences of opinion that may inhibit collaboration and proactively integrates new colleagues into the team.

g. Builds and Leverages Internal Relationships - Establishes open, trusting and respectful relationships with colleagues, communicates across levels, shares knowledge and information with others, maintains productive ties with individuals within and outside one's area of work, goes out of the way to leverage them for achieving work objectives, and encourages others to do the same.

h. Provides Direction - Sets clear goals for team members in alignment with the organizational objectives and facilitates them towards achievement of their goals.

i. Manages Resources - Judiciously plans, prioritizes and coordinates activities and makes optimum use of available resources to accomplish objectives/ KRAs (Key Result Areas) within time and budget specifications.

j. Coaches for Performance - Manages the team by having an open and positive performance dialogue, provides clear, frequent and consistent feedback, encouragement and developmental guidance to team members; reviews progress against set goals and holds them accountable.

k. Empower Others - Demonstrates trust in colleagues, delegates day-to-day tasks to individuals based on capabilities and interests and reviews progress periodically.

l. Inspires Others - Leads by example, energizes team members to work towards a common goal, motivates them to perform their best and helps them realize their potential.

m. Analyzes Information and Takes Decisions - Procures and logically analyzes and interprets moderately complex information from few sources to enable effective work delivery; typically takes decisions of low to moderate complexity basis adequate information and with a moderate degree of impact in the immediate to short term, based on logical assumptions, relevant facts, examination of alternatives and consideration of available resources, and avoids both impulsiveness and indecision.

n. Drives Results - Exhibits interest and passion in performing the job, stretches oneself and others to achieve results and high levels of productivity for the larger interest of the team/ organization, takes accountability for tasks and results and drives it within the team, remains motivated upon facing challenges, and encourages others to do the same.

o. Demonstrates Achievement Orientation - Takes on ambitious goals for self and team, displays a strong desire and determination to accomplish them, and encourages others to continue one's efforts even after surpassing goals.

p. Focuses on Customers - Understands drivers of customer needs, serves expressed and unexpressed needs of customers and partners comprehensively and in a timely manner; seeks and drives others to proactively collect feedback and act upon it.

q. Builds and Maintains Customer Relationships - Makes a connection with customers/partners and forges and maintains long term relationships through frequent interactions and adding value to them, prioritizes and focuses on key customers/partners, motivates others to create win-win partnerships with customers/partners for mutual success.