The Pay & Receive job position should be able to handle all pay and receive functions including collections and payments / remittances. To render smooth and focused operations, the duties of the collections and remittances are segregated.Job holder should process and reconcile remittance transactions as per established procedure to ensure that error-free services are delivered to the customers within prescribed turn around time. This position is responsible to implement policies and procedures of the bank in this area and ensure compliance thereto. The incumbent is responsible for all training needs of direct reports and managing work distribution.