Chief Manager/Associate Vice President - Correspondent Banking

Designation: Chief Manager/Associate Vice President

Reporting: Executive Vice President & Head of Correspondent Banking

Division-FIG

CTC: 25-30 Lacs

Correspondent Banking Group:

Correspondent Banking Group is a key business unit in Banking & Financial Institutions Team. It is responsible for relationships with International financial institutions/banks & domestic banks. This department is dedicated to providing excellent product services to its clients through the most comprehensive correspondent banking platforms in the industry. Products and financial solutions offered include transactional banking products, lending/ balance sheet support, and financial markets solutions.

Job Description:

A) Relationship Management:

1. Responsible for the growth of the portfolio which will be a mix of foreign and domestic banks

2. Nurturing existing relationships to generate business and NTB relationships.

3. Meeting allocated budget targets across all products like trade finance, Cash Management, INR Vostro, fee, and FX.

4. Ensure desired support and services from Nostro partners.

B) Audit & Compliance: Ensure the internal compliance requirements are met across all products.

C) Co-ordinate with other internal teams of bank to ensure start to end delivery of the products and services.

D) Work closely with Bank's Credit & Risk team to ensure required limits are obtained on Banks.