About HDFC Bank

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994.

The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. .

HDFC Bank's mission is to be a World-Class Indian Bank. The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of banking services for target retail and wholesale customer segments, and to achieve healthy growth in profitability, consistent with the bank's risk appetite. The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance.

HDFC Bank is a young and dynamic bank, with a youthful and enthusiastic team determined to accomplish the vision of becoming a world-class India bank.

Our business philosophy is based on four core values - Customer Focus, Operational Excellence, Product Leadership and People. We believe that the ultimate identity and success of our bank will reside in the exceptional quality of our people and their extraordinary efforts. For this reason, we are committed to hiring, developing, motivating and retaining the best people in the industry.

Some of the Awards & Accolades won by HDFC Bank in the recent past include:-

  • Global Finance - 2011 – Awarded Best Bank in India 2011
  • Best Bank at Bloomberg UTV Financial Leadership & Outlook Money NDTV Profit Awards
  • Asian Banker 2011 – Awarded 'The Strongest Bank' in Asia Pacific, 2011
  • Asian Banker Excellence - Best Retail Bank of three consecutive years
  • Business Today ‘s Best Employer Award 2010 - Amongst the Top 10 Best Employers in the Country
Roles & Responsibilities

Transaction Banking

  1. Processing of Trade Products like Inward Remittances, Outward Remittances, Issuance of FIRC, and Preparation of SWIFT Messages.

  2. In depth knowledge of Import, Export, Bank Guarantee.

  3. Maintaining error free and timely processing of all transactions with TAT Monitoring, Exception Management.

  4. Filing of Transaction Documents, IRMS updation monitoring

  5. Good understanding of Letter of Credit, Bank Guarantee, Bill Discounting, Outward Remittance processing

Corporate & Institutional Banking

  1. To add, maintain and build new client Relationships for the Corporate Banking Division
  2. Concentrate on Float Income, Fixed Deposits, Remittances, CMS and Treasury
  3. Cross Sell - Salary accounts, MF and insurance and assess potential for asset products
  4. Should be able to work on a revenue generation model
  5. Support Senior Relationship Managers to handle existing large customer queries
  6. Maintain records such as customers’ requests & other documents
  7. The applicant must have a good understanding of bank lending and credit risk, and must be familiar with basic concepts on Basel II
  8. The applicant must be very comfortable working with numbers, grasping basic statistical concepts and reading up and applying guidance issued by regulatory authorities

Financial Markets

  1. Market treasury solutions & provide FX & Interest rate hedging solutions to Corporate Clients.

  2. Establish, maintain and manage relations of customers with Forex/IR exposures.

  3. Develop target segments and customers internal as well as external to the Bank.

  4. Be aware about the markets / customers / regulations / products & keep the client updated on FX market movements & changes in regulatory policies.

  5. Adhering to Sales processes, Meet existing & target clients on an on-going basis.

  6. To undertake MTM valuation of the Treasury Money market, Investments and Forex products / portfolio & monitor risk exposures limits (both market risk and credit risk).

  7. To prepare and analyze various reports from risk perspective.

  8. Managing Members of Commodity Exchanges & supporting Senior RMs in management of Exchanges.

  9. Responsible for the growth of the portfolio: Nurture existing relationship to generate business & acquire new relationships - ensuring targets are met and increased revenue stream.

  10. Customer profiling – identifying cross sell / revenue increasing opportunity.

  11. Credit Management, Compliance & Housekeeping: Includes getting CAM prepared, SRM, timely renewals, obtaining and closing deferrals, preparation of call memos, quarterly results, insurance, TOD management, Documents – Pre-sanction and post-sanction etc.

  12. Ensuring Portfolio quality Portfolio: Lookout for stress signs in the client operations / activity and addresse them.

  13. Responsible for all OTD and transactional documentation for FX business undertaken with the Bank’s clients;