Custody Operations - Account Maintenance and Onboarding - Associate

5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Associate in Custody Operations team, your role will involve providing processing support for effective and efficient delivery of India Custody Operations. You will manage client account onboarding and static data maintenance processes, ensuring compliance with regulations. Your responsibilities will include interacting with designated depository participants to obtain proper account documentation, preparing regulatory returns and reports, supervising daily business deliverables, ensuring service quality, and identifying opportunities for process efficiency. **Job Responsibilities:** - Provide processing support for India Custody Operations - Ensure client account onboarding and static maintenance processes are compliant with Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI) regulations including KYC norm fulfillment - Manage account opening on Depositories (i.e. National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL)) to aid client trading in the India market - Interact with designated depository participants for account documentation - Prepare, review, and provide timely submission of Regulatory Returns and reports to India Custody business - Coordinate planning, data preparation, and audit submissions for regulators - Supervise day-to-day management of business deliverables and the team - Ensure operational procedures are followed and service quality is maintained - Identify opportunities for process efficiency and implement in a controlled manner post sign-off from supervisor/Controls team - Communicate effectively with key stakeholders **Required qualifications, capabilities, and skills:** - Bachelor's Degree - At least 5 years of experience in banking operations related roles - National Institute of Securities Markets (NISM) Depository Certification - Strong analytical skills and proficient in Microsoft Office - Strong people management skills and experience in managing a team - Initiative and readiness to question processes - Flexibility to work on holidays or extended hours during high volume days - Positive attitude and willingness to take on challenges - Excellent communication skills *Note: No additional details of the company were provided in the job description.*,

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