Deputy Transaction Officer

Group Company: AU Small Finance Bank Limited Designation: Deputy Transaction Officer Office Location: Position description: #Position description# Primary Responsibilities: #Primary Responsibilities# Additional Responsibilities: #Additional Responsibilities# Reporting Team Reporting Designation: #Reporting Designation# Reporting Department: #Reporting Department# Educational qualifications preferred #Education and Experience# Category: #Category# Field specialization: #Field specialization# Degree: #Degree# Academic score: #Academic score# Institution tier: #Institution tier# Required Certification/s: #Required Certification/s# Required Training/s: #Required Training/s# Required work experience Industry: #Industry# Role: #Role# Years of experience: #Years of experience# Job Brief:

• The role involves overseeing and managing transaction operations within the Operations and Services department of a leading financial institution specializing in small finance banking. The position requires ensuring accuracy, compliance, and efficiency in transaction processing while supporting the team in maintaining high service standards. The individual will collaborate with cross-functional teams to streamline processes, mitigate risks, and enhance operational workflows, contributing to the bank's commitment to secure and customer-centric financial services.

Responsibilities

:- Supervise daily transaction processing activities to ensure accuracy and timeliness in accordance with regulatory and internal compliance standards. Coordinate with various departments to resolve transaction discrepancies and escalate issues to senior management when necessary. Implement and monitor internal controls to minimize operational risks and prevent fraud within transaction operations.

Assist in the development and enhancement of transaction processing policies and procedures to improve operational efficiency. Lead and mentor junior team members, providing guidance and training to enhance their technical and operational capabilities. Prepare detailed reports on transaction volumes, errors, and compliance adherence for management review.

Collaborate with IT and compliance teams to support system upgrades and ensure seamless integration of transaction processing platforms. Conduct periodic audits and reviews of transaction records to ensure data integrity and regulatory compliance. Support the resolution of customer queries related to transaction issues, ensuring prompt and accurate responses.

Drive continuous improvement initiatives by analyzing transaction workflows and recommending process optimizations. Skill :- Transaction Processing Management Regulatory Compliance Risk Management and Fraud Prevention Operational Workflow Optimization Team Leadership and Mentoring Data Analysis and Reporting Cross-functional Collaboration Audit and Quality Control Customer Service Resolution Financial Software Proficiency Preferred Qualifications :- Bachelor’s degree in Finance, Business Administration, or a related field; a Master’s degree or professional certification (e.

g., CA, CFA, or equivalent) is preferred. Minimum of 5 years of experience in transaction operations or related roles within the financial services industry, preferably in banking. Key Performance Indicators: #Key Performance Indicators# Required Competencies: #Required Competencies# Required Knowledge: #Required Knowledge# Required Skills: #Required Skills# Required abilities Physical: #Physical# Other: #Other# Work Environment Details: #Work Environment Details# Specific requirements Travel: #Travel# Vehicle: #Vehicle# Work Permit: #Work Permit# Other details Pay Rate: #Pay Rate# Contract Types: #Contract Types# Time Constraints: #Time Constraints# Compliance Related: #Compliance Related# Union Affiliation: #Union Affiliation#