Associate Manager

KEY RESPONSIBILITIES

• To have a good knowledge about the product (Equities and Fixed income) and understand the Trade life cycle. To have a good knowledge on Mutual fund order process.
• To ensure the trades are pre-matched in timely manner and status updated to client/Agent/Brokers within agreed timelines.
• Ensure to inform clients/Brokers on the amendments required and follow up to get the same from client and brokers.
• Ensure Maker/Checker controls are strictly adhered to and ensure to follow the activities checklist.
• To identify and highlight the open risk areas in the process and highlight the same to management and work towards addressing the risk.
• High level team management. Ensure E2E BAU is completed by EOD. Any open/risk items to be mitigated accordingly.
• Support risk and audit related activities
• High level team management. Ensure E2E BAU is completed by EOD. Any open/risk items to be mitigated accordingly.
• Regular follow up with agents until trades gets settled in the market and relay the communication to client
• Work with Projects and technology team to automate the manual process.
• Stake holder management.

Business

• Knowledge of Custody operations, Securities Settlements, Financial Market Operations. Knowledge of Agent banking, Sub Custody operations and clearing will be an added advantage.

Processes

• Processing of Settlements transactions, Pre-matching of trades and Reporting of Trade Status,
• To ensuring that the trades are sent to market within stipulated cut off time and to ensure funding/reaptriation of funds are done.
• Checking of Funds and Holdings prior to settlements
• In case of Failed trades, the same have been updated with the correct reasons
• Ensure to book FX deal and confirm the rates to clients/Agents based on the SI from Clients/Agents.
• Contractual Settlements processing
• Ensure the open items in Suspense/Nostro/Stock reconcilations are properly remideated.
• BAU escalation handling
• Process improvement

People & Talent

• Collaborative skills and should be able to work with staff across locations and grades.

Risk Management

• To ensure all control/operating procedure and documentations are properly followed.
• To ensure compliance to all established procedures, regulations and the Group Guidelines.
• To keep track of changes (internal and external) affecting Clients and communicate such changes, along with impact analyses, on a pro-active basis, through newsflashes, market insights, operations guides and through other routine communication.

SKILLS AND EXPERIENCE

• An experienced operations professional in the banking or financial sector with Securities Services and minimum 4-7 years of experience, across conventional asset services (Securities trade/clear/settlement payments, regulatory reporting, reconciliation, exception handling and business continuity management)

QUALIFICATIONS

• Bachelor's degree in Banking/Finance/Information Technology or a similar subject or comparable professional training.