Cognizant Job Openings for Freshers: Cognizant is seeking fresh graduates for a Banking Process Executive role in Hyderabad. Candidates need to have robust analytical abilties, a passion for detail, and brilliant verbal exchange competencies. Responsibilities encompass reviewing loan documents, making sure data is accurate, and identifying discrepancies. Flexibility for night time shifts is required. The role offers a competitive income and a one-manner cab facility.
- Job Description: Cognizant Job Openings for Freshers
- Position: Banking Process Executive
- Company: Cognizant
- Salary: Not Disclosed
- Location: Hyderabad
- Qualification: Graduate
- Experience: Freshers
About Company:
Cognizant Technology Solutions Corporation, based in 1994, is a number one worldwide professional offerings business enterprise centered in Teaneck, New Jersey. Specializing in information technology (IT) consulting and outsourcing, Cognizant assists customers in the modernizing era, reimagining approaches, and remodeling reviews to live earlier in a rapidly changing world. The employer serves numerous industries, collectively with banking, healthcare, production, and media. As of 2024, Cognizant employs nearly 300,000 human beings internationally, with approximately 70% based totally in India. The corporation is publicly traded on NASDAQ under the ticker image CTSH.
Cognizant Job Openings for Freshers Job Description:
A Banking Process Executive performs an essential role in handling and processing banking operations, making sure accuracy and compliance with hooked up strategies. Key duties encompass retaining and updating customer account records, managing financial institution department requests, and responding to ad-hoc inquiries. Candidates need to own sturdy analytical abilities, an interest to detail, and powerful verbal exchange competencies. Proficiency in Microsoft Office packages, especially Excel, is regularly required. Flexibility to artwork night time shifts and a commitment to meeting productivity and first rate desires are vital. This characteristic offers a possibility to boom knowledge in banking strategies inner a dynamic and collaborative environment
Key Job Responsibilities:
As a more energizing member of Cognizant’s banking department, you could play a crucial role in helping international banking clients with ordinary operations, decreasing again-workplace strategies, and compliance-related obligations. These roles are non-technical but require sturdy analytical abilities, a passion for detail, and a sturdy knowledge of banking protocols. Below is a complete breakdown of the vital method obligations:
1. Customer Onboarding & KYC Documentation: One of your number one obligations could be to help inside the purchaser onboarding method, making sure that every one documentation submitted is complete, valid, and compliant with the present day Know Your Customer (KYC) norms. This consists of verifying personal identification files, cope with proofs, and other financial documents to installation the legitimacy of customers. You can be predicted to ensure whole compliance with the banking regulations laid down via manner of the Reserve Bank of India (RBI) or global regulatory our our bodies relying on the mission.
2. Transaction Processing: You may be required to carry out ordinary transaction processing responsibilities at the side of validating fund transfers, disbursing loans, and processing direct debits and status instructions. Accuracy and timeliness are vital, as any mistakes may additionally impact the purchaser’s enjoyment and the monetary institution’s monetary integrity. You may assist in reconciling debts and making sure that transactions are processed following client-precise workflows.
3. Data Management & Entry: Data accuracy is the backbone of all banking operations. Your role will involve moving and updating consumer and transaction information into inner banking systems. Maintaining record hygiene through validating and bypass-verifying entries ensures error-free information and allows for the avoidance of compliance troubles. This includes retaining customer draw close documents and making sure that modifications are tracked and updated in actual-time.
4. Compliance Monitoring: As a part of the compliance group, you’ll display screen transactions for any signs and symptoms of cash laundering, fraud, or other suspicious sports. This includes screening transactions in competition to blacklists, politically uncovered ladies and men (PEPs), and different red flags. You will paintings with set up protocols and escalation methods to record any uncommon sports activities proper away to compliance officials.
5. Client Support: Supporting inner clients and resolving queries is each other vital a part of the procedure. You may also address email communications or follow up on escalated service requests. Efficient and timely response is critical for assembly issuer level agreements (SLAs) and keeping client delight.
6. Reporting & Documentation: You also can be responsible for making various evaluations associated with customer profiles, economic transactions, and compliance sports. Proper documentation ensures that each one of the methods is audit-prepared, which is important for preserving regulatory compliance.
Required Skills and Competencies:
The Cognizant interest openings for freshers in Hyderabad provide a remarkable opportunity to begin a career in the monetary services enterprise. To reap achievement on this function, candidates are anticipated to demonstrate a mixture of center technical competencies, behavioral capabilities, and a few first-class qualifications. Here’s an intensive evaluation of the critical and desired capabilities:
Core Skills:
- Strong Communication Skills – Written and Verbal: Clear and powerful communication is critical in this characteristic, particularly at the identical time as managing client interactions, inner escalations, or documentation. Freshers have if you want to convey records concisely and professionally via every written emails and verbal discussions.
- Excellent Attention to Detail: Banking operations require a meticulous eye for detail. Whether you’re verifying KYC files, inputting consumer statistics, or processing financial transactions, any oversight can motive severe compliance or financial problems. Accuracy and precision are non-negotiable.
- Basic Understanding of Financial or Banking Operations: While in-depth expertise is not predicted from freshers, a foundational statistics of ways banking methods paintings—along with KYC norms, transactions, and compliance hints—will offer candidates a significant benefit at some point of training and onboarding.
- Ability to Work in a High-Pressure, Deadline-Driven Environment: Banking is a short-paced domain wherein meeting Service Level Agreements (SLAs) is critical. Candidates need to be cushty walking with strict remaining dates, handling more than one responsibility, and keeping universal performance under pressure.
- Proficiency in MS Office Tools (Excel and Word): Basic laptop talent is vital. Candidates need to realize the way to use Microsoft Excel for statistics access, primary calculations, and reporting, similarly to MS Word for documentation and communique abilties.
- Analytical and Logical Thinking: Roles in compliance monitoring, facts validation, and transaction scrutiny require robust analytical abilties. Being able to grow to be aware of anomalies, validate styles, and work out common experience to gadget alternatives is fairly valued.
Behavioral Competencies:
- Adaptability to Process Changes: Banking tips and client-specific procedures regularly evolve. A a achievement candidate need to be bendy and inclined to conform to dynamic workflows and new compliance protocols.
- Problem-Solving Attitude: Issues may additionally arise at some stage in transaction processing or record verification. Candidates need to be proactive in identifying problems and attempting to find answers within the scope of their duties.
- Team Player: Working in a collaborative surrounding with more than one team and stakeholders is not unusual. Being cooperative and supportive in a team setup fosters productiveness and efficiency.
- Integrity and Professionalism: Candidates may be managing distinct economic statistics. A excessive diploma of integrity, obligation, and moral behavior is obligatory to make certain compliance with statistics safety norms.
Optional (Good to Have):
- Prior Internship or Training in BFSI Domain: Any palms-on exposure or schooling within the Banking, Financial Services, and Insurance region is a precious asset and might ease the studying curve.
- Certifications (e.g., NISM, NCFM): Certifications in finance or banking operations show strength of will to the sphere and might make more potent a candidate’s profile.
Educational Qualifications:
The venture function is open to candidates from a massive range of educational backgrounds. Cognizant ensures inclusivity in its hiring practices and welcomes graduates from both technical and non-technical disciplines.
Eligibility Criteria:
- Undergraduate Degree – Any Stream
- Preferred Degrees – B.Com, BBA, B.Sc, BA, or any graduate degree with basic computer literacy and good communication skills
- Graduation Year – 2023, 2024 (Fresh pass-outs preferred)
Top Five Benefits of Working at Cognizant:
Starting your profession at Cognizant comes with severa advantages that go beyond the handiest and most aggressive earnings. As one of the critical worldwide IT offerings and consulting companies, Cognizant offers nicely-rounded paintings surroundings designed to help freshers expand professionally and, in my opinion. Here are the pinnacle 5 benefits you could assume:
- Learning and Development Opportunities: Cognizant places a strong emphasis on non-forestall gaining knowledge of. Freshers have admission to structured training applications, e-analyzing structures, certifications, and mentorship possibilities. Whether it’s improving area data or gaining know-how of new gear, the business corporation guarantees you’re ready for prolonged-time period fulfillment.
- Career Growth Pathways: Cognizant gives described professional development fashions. Employees are encouraged to find out about numerous internal activity postings and mission possibilities throughout departments and worldwide. Performance-based promotions ensure that difficult paintings and determination are identified and rewarded.
- Work-Life Balance: Cognizant promotes a wholesome artwork-existence stability via flexible artwork arrangements, cheaper shift schedules, and hybrid artwork models (where applicable). This is especially beneficial for freshers adjusting to an organisation’s way of life.
- Employee Wellness Programs: The company gives complete health responsibilities, which includes medical health insurance, highbrow health aid, health reimbursements, and employee help programs. These services make certain personnel’ properly-being is a pinnacle precedence.
- Inclusive Work Culture: Cognizant fosters a severa and inclusive environment in which each person feels respected and valued. It encourages collaboration, innovation, and a sense of belonging—developing a place of work wherein freshers can thrive.
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