Job Description

:CRES: Head - Process Control
Grade:
Business: Support Services Department:\xef\xbf\xbd Corporate Real Estate Services Sub-Department:
Location:
About Corporate Real Estate Services (CRES)\xef\xbf\xbd CRES provides support to all business functions on Annual Branch/Office Network Expansion Plan of the Bank, Upkeep & Maintenance of existing branches & offices, Safety & Security and Administration including other Offices like RAC, Currency Chests and Regional Office.\xef\xbf\xbd The department plays significant role as it deals with multiple internal/external stakeholders including vendors, various business teams and its verticals, F&A, compliance, audit etc. to ensure uninterrupted branch operations and safety of the employees besides implementing the ideas that brings cost & energy efficiencies, reductions to cost of operations and improved turn-around-time
Key ResponsibilitiesABEP (Branches & Offices):- Monitoring & review of projects in progress for design, specifications and timelines with costLegal:- Handling Large Office legal cases- Attending Arbitration, Court sessions, etc. for any legal case registered in the court of law pertaining to CRES Department- Co-ordinate with respective stakeholders such as Law Department, Law Firms, etc.- Handling cases pertaining to non-refund of security deposit by landlordsProperty Tax matter at large premise, GE invoices, Annual calculation of CAM rates for GE etc.:- Co-ordination and liasoning with Municipal authorities for property taxes of CO premises.- Verify invoices raised for GE are in order and ensure dues are recovered within agreed timeline.- Verify calculations to arrive at the Annual CAM rates for GE.Subsidiaries:- Deal with subsidiaries on offering Bank\'s premises to them on rent and recovery of rent- Ensure proper documentation and records in place- Necessary arm\xef\xbf\xbds length distance to be followed in dealing with subsidiaries.Process & Audit:- Updating SOPs for each of the functions of CRES Department- Review of existing processes on a quarterly basis so as to ensure laid down SOP are followed.- Attending different types of audit teams such as Internal Audit, RAR, RBS, RBI, etc.- Assisting the auditors while conducting audit for CRES Department- Scrutinize the audit report and provide clarification to the auditors to close any gaps in their understanding before they submit the audit report- Ensure timely closure of audit observations submitted by the auditors- Ensure necessary measure are taken for all risks tagged in EGRC- Review the existing risks with segment heads on half yearly basis- Review amendment in flow charts for process changes and ensure they are properly documented- Ensure no adverse remarks are received in RBI related matters- Ensuring CRES alignment on processes with CPT, CAP HUB, CMTCARO:- Timely submission of the KRI and RBS Tranche data.- ORMC- Ensure to close all matters pertaining to PMC / CMC (Evolve portal)BUDGET:- Discuss with all the teams in CRES Department and obtain Budget requirement with proper justification at the begin of Financial Year- Analyse the requirement in detail and post finalisation with CRES Teams and Head submit to F&A- Co-ordinate with Finance & Accounts Team for obtaining budgets periodically- Monitor and control budget allocated to CRES Team under various GLs- Justify the requirement of budgets to F&A in case of any additional budgets are demanded by CRES Team- Guiding CRES Team for passing accounting entries in correct GL Heads- Be the second in line authority to approve OAS and POs raised by respective teams in order to control the budget efficiently- IPRs raised by CRES Team are duly approved by Budget Team- Ensure all approvals are as per DOP assigned to the Department and DOPs are mapped in CAP HUB system- Scrutinise all GL heads and crucify the incorrect entries passed in CRES GL and restore the budget.- Reconciliation of all GL Heads to identify budget vs actual expense- Compile and verify the provisions submitted by respective teams before submitting to F&A and ensure invoices are timely processed- Monitoring and reversal of SL entries related to CRES.- Obtain NOCs from respective teams and submit to CAP HUB- Recovery of GST claimed by CRES vendors but not deposited with government
QualificationsOptimal qualification for success on the job is:\xef\xbf\xbd Education \xef\xbf\xbdGraduate/Post Graduate in Law/Engineering with Good written/verbal communication\xef\xbf\xbd Leadership cases\xef\xbf\xbd Experience- 10 \xef\xbf\xbd 15 yearsRole Proficiencies:For successful execution of the job, a candidate should possess the following:\xef\xbf\xbd Knowledgeo Qualified Graduate/Post Graduate with good command on Englisho Knowledge of MS OfficeSkills:Refer to the About Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses

Axis Bank