Investment Banking Leader required(Settlements, Securities)

Role & responsibilities

Functional Expertise:

15-17 Years of experience with Strong understanding of Wealth management Operations

Have experience of leading Global Wealth Management team of 100 -120+ with strong expertise in running Brokerage and Fiduciary functions - broker dealer, Corporate Actions, Reconciliations, Account Opening / Maintenance / Closing, Asset Transfer, Cash Sweep, Account Conversion

Good knowledge and working experience in equities & fixed income, money market, alternative investment, mutual fund, Insurance products for Global Markets

Deep domain experience in managing Account Opening / Maintenance / Closing process within Brokerage and Fiduciary functions

Sound understanding related to Customer on-boarding (customer account data and document maintenance) for Fiduciary and Brokerage,

Sound understanding related to Collection, maintenance, reinvestment (i.e., sweeps) and disbursement of funds,

Sound understanding related to Receipt and delivery of securities and funds, account transfers, Sound understanding related to Bank, custody, depository and firm account management and reconciliation, Sound understanding related to Settlement, fail control, buy-ins, segregation, possession and control,

Sound understanding related to Trade confirmation and account statements,

Sound understanding related to Margin,

Sound understanding related to Stock loan/securities lending,

Sound understanding related to Prime brokerage (services to other broker-dealers and financial institutions),

Sound understanding related to financial control, including general ledger and treasury,

Contributing to the process of preparing and filing financial regulatory reports,

Defining and approving business security requirements and policies for information technology, including but not limited to systems and data, in connection with the covered functions,

Defining and approving information entitlement policies in connection with the covered functions; and

Posting entries to a member's books and records in connection with the covered functions to ensure integrity and compliance with the federal securities laws and regulations and FINRA rules.