Custody Operations - Account Maintenance and Onboarding - Associate Alumni Career Site

5.0 - 9.0 years

0 Lacs

maharashtra

On-site

Are you excited about being a key player in the dynamic world of Custody Operations This role offers you the opportunity to utilize your expertise in client account onboarding and regulatory compliance to ensure smooth trade and settlement processes. This is a chance to advance your career in a fast-paced environment where your skills in communication, management, and problem-solving will be highly appreciated. Join us to make a significant impact and drive success in the India trade and settlement landscape. As an Associate in the Custody Operations team, you will be responsible for providing processing support to ensure effective and efficient delivery of India Custody Operations. Your duties will include managing client account onboarding and static data maintenance processes while ensuring compliance with regulations. You will also interact with designated depository participants to obtain the necessary account documentation and prepare regulatory returns and reports. Additionally, you will oversee daily business deliverables, ensure service quality, and identify opportunities for process efficiency. Job responsibilities include: - Providing processing support for India Custody Operations - Ensuring client account onboarding and static maintenance processes comply with Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI) regulations, including compliance activities such as KYC norm fulfillment - Managing account opening on Depositories like National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) to facilitate client trading in the India market - Interacting with designated depository participants for account documentation - Preparing, reviewing, and timely submitting Regulatory Returns and reports to India Custody business - Coordinating planning, data preparation, and audit submissions for regulators - Supervising day-to-day management of business deliverables and the team - Ensuring operational procedures are followed and service quality is maintained - Identifying opportunities for process efficiency and implementing them post sign-off from supervisor/Controls team - Communicating effectively with key stakeholders Required qualifications, capabilities, and skills: - Bachelor's Degree - Minimum 5 years of experience in banking operations related roles - National Institute of Securities Markets (NISM) Depository Certification - Strong analytical skills and proficiency in Microsoft Office - Strong people management skills and experience in team management - Initiative and willingness to question processes - Flexibility to work on holidays or extended hours during high volume days - Positive attitude and readiness 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 manage client and regulator interactions effectively - Experience in process efficiency and improvement initiatives,

Posted 2 days ago

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