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
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
