Associate, Specialist, Operations, Sec Svcs-Custody Svcs

Job description

• Performs, establishes and informs clients of the process flows for corporate action events/settlements. At least meet or exceed clients agreed service level requirements and achieve high standard of quality and commitment.

Key Accountabilities

• Account opening for various entities including FPI, FVCI, FDI, AIF etc
• Performing end to end testing for various systems of SFS.
• Handling various regulatory audits.
• Manage process risks
• Timeliness to ensure that all Corporate Announcements and settlements & processing are done within TAT of receipt of announcements or proceeds.
• Accuracy to ensure at least 100% accuracy.
• Should be aware of the latest SEBI / RBI regulations governing custody.
• Responsive to ensure that all clients queries are responded to within 24 hours of receipt of query or if not to provide interim reply and to follow with a response within 3 days
• Risk- to ensure that there are no critical audit findings / issues and to escalate any immediate and time critical issues to higher authorities.
• People to participate in staff surveys, attend training when nominated and be crossed trained in other areas of work within the section or across section in order to become a well-trained leave cover.

Job Duties & Responsibilities

• Checker for the section.
• Preparing regulatory reporting for various regulators.
• Prepare management/other reporting.
• Able to cover staffs that are on leave.
• Assist/participate in system development/enhancements.
• Escalate/follow-up on problem cases.
• Attend meetings related to work scope.

Required Experience

• Previous experience with a Custodian preferably in Corporate Actions and settlements.

Education / Preferred Qualifications

• Graduate.

Core Competencies

• Should possess the following skills:
• Communication
• Teamwork & Collaboration
• Ownership of Result
• Problem Solving

Technical Competencies

• Should possess the following competencies:
• Knowledge of Securities Markets
• SWIFT
• Awareness of FII & Custodian regulations
• Sound knowledge of depository module of NSDL & CDSL (DPM)

Work Relationship

• Superior(s) :Direct Supervisor
• Subordinate(s) :Team Members in Custody Operations
• Peers:IT Support, Operations Team, T&M, Marketing, Finance & Controls.
• External Parties:Brokers, Other Custodian Banks, Depository, Exchange, Merchant Bankers and Local Authorities