Process Mgr-Cost Management Jobs in Mumbai at The HDFC Bank Limited

Last Updated: May 15, 2021 05:10 IST


Company Name
The HDFC Bank Limited
Job title
Process Mgr-Cost Management
3-5 Years
Not Mentioned

Job Profile

Job Description :
Budgeting, Cost & Productivity ManagementReduction in per unit processing costs and ensuring same are within budgets by Tracking of wastages and reduction in same. Identifying opportunities for consolidation of existing processes for Cost benefits. Process changes to increase low cost straight through processing and driving up proportion of straight through processing to bring down overall costs Monitor costs v/s budgeted numbers and ensure the budgeted numbers are met for the financial year Actual Cost within Budget Consistent YOY improvement in following metrics:- Cost / Login File- Cost / Disb File- Cost to Disb Ratio- Proportion of volumes going to STP- Productivity benchmarks for Line underwritersManaging Compliance for Internal & Concurrent AuditSharing the Audit exception MIS with line / Process team to keep exceptions at minimum level by ensuring process compliance. Internal Audit reports released in a year - 150+ Internal audit compliance - 75%+ across products & locations.Credit Intelligence & AnalyticsMeeting of management objectives in the form of number metrics set for the year and demonstrate continuous improvements in the metrics Publishing weekly and monthly reports for all Retail Asset products.1) Publish reports as per timelines set2) Maintain trend lines for all monitored metrics3) Educating locations on methodology and solving queries4) Driving improvements in the National numbers for all metricsData Entry errors to remain within benchmarks prescribedData Quality / AccuracyPublishing & monitoring data Error for All products. To monitor Data Error does not cross 5%Banks Annual Credit Plan (ACP) & Government Sponsored program (GSP) Regularly tracking and monitoring Banks performance against the Annual Credit Plan at a district and state level. Quarterly performance update to Bank's Board on Lead Bank Scheme - Implementation of District Credit Plan. Reporting regular MIS for Government Sponsored Program loans1. Targets are defined & rolled out for 617 districts or 2778+ Branches for F.Y 2016-2017 across Agri, SSI, Other PSL and Total Credit disbursals.2. PSL & ACP Targets are achieved in 94% & 97% districts respectivelyAdditional projectsNew projects in area of cost improvements / simplification / improving productivity from time to time as required by the business during the course of the year. Innovation and Digitization of processes which would further our objectives on Cost/Productivity/TATs and thereby customer satisfaction.SkillsGood Data analysis skills Proficiency in ExcelGood Data analysis skills Proficiency in ExcelGood Presentation & articulation skills Proficiency in Power pointEye for DetailAbility to grasp and understand new concepts (processing models / business models)Ability to develop professional Inter personal relationships with peers and seniors across functionsAbility to prioritize tasks and plan for project delivery within time-lines

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Key skills
Process Mgr-Cost Management
Banking/ Accounting/ Financial Services
Job Description : Budgeting, Cost & Productivity ManagementReduction in per unit processing costs and ensuring same are within budgets by Tracking of wastages and reduction in same. Identifying opportunities for consolidation of existing processes fo
Last Date

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