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Banking Operations Associate

2.00 to 3.00 Years   Chennai (Tamil Nadu)   21 Feb, 2025
Job LocationChennai (Tamil Nadu)
EducationMBA/ PGDMAny Graduate
SalaryAs per Industry Standards
IndustrySoftware Services, Internet/Dot com/ISP
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

Skill Required: Commercial Banking Operations - Core BankingDesignation: Banking Operations AssociateQualifications: BCom/Master of Business AdministrationYears of Experience: 1 to 3 yearsAbout AccentureAccenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song all powered by the worlds largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at www.accenture.comWhat would you doWe help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures, and ensure business sustainability by transforming their banking operations into an agile, resilient operating model. The Corporate banking/Wholesale banking team is responsible for helping clients and organizations process trade finance transactions by providing superior service delivery to trade customers whilst safeguarding the bank from risks associated with this business.In this team, you will help in providing universal banking functionality to banks. With a focus on product strategy and a global market presence, this team will help in providing solutions to customers on industry-accepted platforms and lead Product Managers to build an ecosystem of products and assets around these platforms namely Bancs, Finacle, Finastra, Pega, nCino.What are we looking forJob Overview:This position holds the responsibility for leading and being an SME of the Financial Statement Spreading production.Candidate Profile Required:

  • Minimum 2 years of relevant credit experience in Commercial Lending or Financial Processes
  • MBA/B.COM Finance and Accounting
  • Flexible to shifts
  • Must have experience in Moodys Credit Lens and client customized templates
  • Experience/exposure to US accounting and GAAP
  • Good team player who is dynamic, result-oriented, with a strong work ethic
Roles and Responsibilities:
  • Provide subject matter expertise support for understanding spreading guidelines and utilizing the underlying financial statements to complete the spread.
  • Apply relevant accounting standards for fair and rigorous credit assessment.
  • Perform first level quality checks to ensure the quality of deliverables.
  • Evaluate the financial status of clients by standardizing the financial information to the spreading application with accuracy.
  • Understand and analyze financial statements including Income statement, Balance Sheet & cash flow of public & private companies for the credit appraisal process.
  • Normalize the financial statement for exceptional and non-recurring items to arrive at the true profitability figures.
  • Calculate Adjusted Net Worth, Recurring Cash Flows, Annual Debt Service, Contingent Liabilities, Custom Ratios, and other financial metrics.
  • Complete ratio, trend, and cash flows analyses and create projections.
Locations:Chennai

Keyskills :
credit analysis expertise financial statement spreading regulatory compliance knowledgeaccounting standards application team collaboration skillstrade finance finacle banking operations credit appraisal liabilities commercial banking credit ass

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