Custody Operations - Account Maintenance and Onboarding - Associate

Are you ready to play a key role in the dynamic world of Custody Operations This position presents an opportunity for you to utilize your expertise in client account onboarding and regulatory compliance to ensure smooth trade and settlement processes. Embrace the chance to advance your career in a fast-paced environment where your communication, management, and problem-solving skills will be highly esteemed. Join our team and contribute significantly to the success and growth of the India trade and settlement landscape. As an Associate in the Custody Operations team, you will be responsible for providing processing support to facilitate the efficient delivery of India Custody Operations. Your duties will include managing client account onboarding and static data maintenance processes while ensuring compliance with regulations. Additionally, you will engage with designated depository participants to gather necessary account documentation and prepare regulatory returns and reports. Your role will entail overseeing daily business tasks, ensuring service quality, and identifying opportunities for enhancing process efficiency. Job responsibilities: - Provide processing support for India Custody Operations - Ensure compliance of client account onboarding and static maintenance processes with SEBI and RBI regulations, as well as compliance activities like KYC norm fulfillment - Manage account opening on Depositories (NSDL, CDSL) to facilitate client trading in the Indian market - Interact with designated depository participants for account documentation - Prepare, review, and submit Regulatory Returns and reports to India Custody business in a timely manner - Coordinate planning, data preparation, and audit submissions for regulators - Supervise the day-to-day management of business deliverables and the team - Ensure adherence to operational procedures and maintain service quality - Identify opportunities for process efficiency and implement them post approval from supervisor/Controls team - Communicate effectively with key stakeholders Required qualifications, capabilities, and skills: - Bachelor's Degree - Minimum of 5 years of experience in banking operations related roles - NISM Depository Certification - Strong analytical skills and proficiency in Microsoft Office - Strong people management skills with team management experience - Initiative and willingness to question existing processes - Flexibility to work on holidays or extended hours during high volume days - Positive attitude and eagerness to tackle challenges - Excellent communication skills Preferred qualifications, capabilities, and skills: - Previous experience in securities processing, fund accounting, and/or custody operations - Professional qualification is an added advantage - Experience in regulatory compliance and audit processes - Familiarity with SEBI and RBI regulations - Ability to effectively manage client and regulator interactions - Experience in process efficiency and improvement initiatives,