Kotak Mahindra Bank

Team Member-CRCU-SUPPORT SERVICES-Centralised Reconciliation and Controls Unit

Kotak Mahindra Bank  •  Bengaluru, IN (Onsite)  •  12 days ago
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Job Description

As a Team Member in the CRCU department, you will play a crucial role in maintaining the bank's financial integrity and accuracy. Your primary focus will be on supporting the team in reconciling and controlling various financial transactions, ensuring compliance with internal policies and external regulations. This role offers an opportunity to gain valuable experience in banking operations and financial controls.

  • Assist in daily reconciliation of accounts and transactions.
  • Identify and investigate discrepancies or exceptions in financial data.
  • Prepare and maintain accurate records of reconciliation activities.
  • Collaborate with other teams to resolve reconciliation issues.
  • Ensure timely escalation of critical issues to the management.
  • Assist in implementing and maintaining effective control procedures.
  • Monitor and report on the status of reconciliation processes.
  • Provide support and training to junior team members.
  • Maintain a high level of data integrity and confidentiality.
  • Bachelor's degree in Finance, Accounting, or a related field.
  • 1-2 years of experience in banking or financial services, preferably in a reconciliation role.
  • Strong knowledge of accounting principles and financial concepts.
  • Proficiency in using financial software and MS Office applications.
  • Excellent analytical and problem-solving skills.
  • Attention to detail and ability to work accurately under pressure.
  • Good communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Willingness to learn and adapt to changing banking regulations.
  • A self-starter with a proactive approach to work.
Kotak Mahindra Bank

About Kotak Mahindra Bank

About Kotak Mahindra Group:

Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.

The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.

The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore. For more information, please visit the company’s website at https://www.kotak.bank.in/en/home.html

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Mumbai, IN
Year Founded
1985
Website
kotak.com
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