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VACANCY DETAILS :-
POST NAME - ET Temporary
QUALIFICATION - B.Com With CA Inter/CMA Inter/MBA
EXPERIENCE - 03 Years
LOCATION - Chennai
JOB DESCRIPTION :-
The TRE Operations Chennai (TRECH) is an integral part of TRE and is responsible for a variety of duties providing vital support across its operational divisions. It works closely with the Headquarters in Washington D.C and another shared services center in Sofia, Bulgaria. Under the guidance and supervision of a Team Lead and/or Functional Lead, the incumbent will have responsibilities for specific individual tasks/projects as well as for working as an integral part of the team in executing TREOP’s work program, while maintaining close relationships with the other Treasury departments.
His/her primary responsibilities will include, but are not limited to, some combination of the following activities to support work program of the Cash and Banking Operations unit:
Banking Relations
• Support banking relations functions including maintaining database of contact points and arranging periodic meetings to review service and learn from counterparts about emerging trends.
• Support colleagues to perform bank account maintenance functions, including opening, closing, and negotiating bank accounts with commercial and central banks around the world for corporate and country office needs, coordinating with business partners and Legal on a timely accurate manner.
• Perform bank monitoring and geopolitical monitoring functions for assigned portfolio of correspondent banking partners.
• Prepare SWIFT signatory changes and Designation Letters informing banking partners of authorized signatories and personnel.
Cash Management:
• Perform daily cash planning, ensuring that corporate bank accounts are properly funded to meet all payments, any discrepancies are resolved, and any excess/deficient positions are covered through the investment portfolio.
• Processing of foreign exchange and payment requests received from Business Units across the Bank.
Cash Reconciliation and Investigations:
• Perform daily reconciliation of cash transactions (in several currencies) thus ensuring transactions related to corporate cash processed by cash management team are settled correctly, and any exceptions are investigated and resolved.
• Timely and efficient processing and resolution of cash investigations cases that arise out of reconciliation breaks, or emails and SWIFT messages from clients, counterparties, business units and correspondent banks.
His/her primary responsibilities will include, but are not limited to, some combination of the following activities to support work program of the Cash and Banking Operations unit:
Banking Relations
• Support banking relations functions including maintaining database of contact points and arranging periodic meetings to review service and learn from counterparts about emerging trends.
• Support colleagues to perform bank account maintenance functions, including opening, closing, and negotiating bank accounts with commercial and central banks around the world for corporate and country office needs, coordinating with business partners and Legal on a timely accurate manner.
• Perform bank monitoring and geopolitical monitoring functions for assigned portfolio of correspondent banking partners.
• Prepare SWIFT signatory changes and Designation Letters informing banking partners of authorized signatories and personnel.
Cash Management:
• Perform daily cash planning, ensuring that corporate bank accounts are properly funded to meet all payments, any discrepancies are resolved, and any excess/deficient positions are covered through the investment portfolio.
• Processing of foreign exchange and payment requests received from Business Units across the Bank.
Cash Reconciliation and Investigations:
• Perform daily reconciliation of cash transactions (in several currencies) thus ensuring transactions related to corporate cash processed by cash management team are settled correctly, and any exceptions are investigated and resolved.
• Timely and efficient processing and resolution of cash investigations cases that arise out of reconciliation breaks, or emails and SWIFT messages from clients, counterparties, business units and correspondent banks.
Cash Accounting:
• Assist in preparation of necessary adjustments needed to ensure accuracy of data and balances that are sent to general ledger system (SAP) as part of month-end close process for cash including preparation of reports.
Other Accountabilities:
• Perform ad-hoc functions, as assigned.
• Effectively communicate with TREOP staff and Management in Chennai, Sofia and Washington, D.C. headquarters on the status of all assigned activities.
The candidate is expected to work Singapore or London shift as well as follow Sofia/DC Holiday calendar to meet reporting deadlines and at times, will be required to provide extended support to overlap with Washington DC, USA as per business needs.
• Assist in preparation of necessary adjustments needed to ensure accuracy of data and balances that are sent to general ledger system (SAP) as part of month-end close process for cash including preparation of reports.
Other Accountabilities:
• Perform ad-hoc functions, as assigned.
• Effectively communicate with TREOP staff and Management in Chennai, Sofia and Washington, D.C. headquarters on the status of all assigned activities.
The candidate is expected to work Singapore or London shift as well as follow Sofia/DC Holiday calendar to meet reporting deadlines and at times, will be required to provide extended support to overlap with Washington DC, USA as per business needs.
Last date for online application - 27.10.2022
LINK FOR ONLINE APPLICATION - CLICK HERE
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