Please click on the Apply to verify the status of jobs posted more than 15 days ago, as they may have expired. Similar Jobs
Job Description
Job Purpose:
The purpose of this role include
- Manage Operational delivery of Payment and Clearing functions
- Manage outsourced service providers to maintain effective oversight and control on process delivery
- Working with key stakeholders in business to implement new/changes on end to end Payment journey including regulatory processes; leading implementation changes, controls & documentation in Operations
Key Responsibilities: -
- Provide effective oversight of TCS Operations dealing with Payment and Clearing processes, supporting all payment product offered by Business. Ensure their performance adhere to SLA in terms of accuracy and timelines.
- Perform day to day monitoring of Key Operational metrics for Payment and Clearing Operations. Ensure metrics are accurate and any inaccurate/incomplete data is challenged and completed appropriately within existing deadline
- Be a subject matter expert in Payments & first point of engagement with business on any initiatives. Understand end to end client journeys and find continuous improvement opportunities and maintain effective control environment
- Work closely with Ops Manager to understand changes to Payments regulations and support implementation of changes by engaging key SME in Operations teams onshore and offshore (outsourced service provider) train them and implement process change to comply with new/updated regulations.
- Manage service delivery with external vendors and Clearing banks by establishing engagement model to identify and resolve issues that impact the process delivery
- Support audit reviews – both Internal and external audits on Payments function for business
- Update and maintain up to date procedure documents. Also responsible for continuous process reviews (and adherence to process) and improvements in Payment Operations
- Ensure all the risks are documented in MCA and deliverables are provided in timely manner. Ensure MCA breaches are minimised
- Manage Corrective action plan for Payment function and engage with stakeholders involved for timely completion and resolution of breaches/issues
- Be an effective back up to Operations Manager in their absence
Development Value:
The role has high development value since it requires working with diverse business areas, a detailed understanding of systems, Operational and regulatory processes, and a bottom-line focus on improvement of the customer experience.
Knowledge/Experience:
Essential
- The ideal candidates will have experience of working in financial services and a good understanding Core Operations functions
- Experience of working in Payment Operations and demonstrate good understanding of Payments and Clearing
- Experience in payment life cycle – processing, reconciliation and Investigations
- Ability to work with minimal supervision within a team environment
Skills:
Essential
- Good verbal and written communication skills
- Flexible and prepared to work in a variety of functions
- Ability to work under pressure and meet strict deadlines.
- High level of accuracy and attention to detail
- Evidence of using effective planning and organizing skills in a previous role.
- Stakeholder management
Qualifications:
- Minimum Degree level
Competencies
- Adaptive to change in a continually changing business environment.
- Work effectively with diverse team
Looking to get Placed? Try our Placement Guarantee Plan
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
-
Job Family Group:
Operations - Core-
Job Family:
Operations Support-
Time Type:
Full time-
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Skills
OperationsPaymentsIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
CITI, or Citigroup Inc., is a leading global bank with a rich history of over two centuries. It offers a wide range of financial products and services, including banking, investments, and wealth management, serving millions of customers worldwide. CITI Careers present exciting opportunities for individuals seeking to build rewarding and impactful careers in finance. With a strong focus on innovation, diversity, and sustainability, CITI fosters a dynamic work environment where employees can thrive and grow professionally. Joining CITI means becoming part of a global team dedicated to driving progress and empowering clients to achieve their financial goals.
Important dates & deadlines?
Application Deadline
29 Nov 22, 12:00 AM IST
Similar Jobs
View All

