Corporate Action - domestic custody clients

Note:
ONLY PROFILES WHERE CANDIDATE HAS WORKED EXPERIENCE OF CORPORATE ACTIONS FOR DOMESTIC CUSTODY CLIENTS WILL BE CONSIDERED

Grade: AVP
Division: Custody Services
Function: Settlements Unit
Average No. of direct Reportees: 4-5

Job Role / KRA’s:

• To handle all types of voluntary corporate action events
  
• To handle processing of primary market events such as IPO, FPO, QIP, Private Placement, etc.
  
• To handle execution of bids on exchange platform for OFS, buyback, open offer, etc.
  
• To handle ASBA processing for rights, IPO, FPO, call money.
  
• To ensure processing of Fund Transfer instructions within TAT.
  
• Familiar with FDI, FVCI regulations, and verification of regulatory documents
  
• Processing of Instructions received from the Clients.
  
• Daily Mutual fund subscriptions and redemptions processing and reporting
  
• To handle client and auditor queries
  
• Various regulatory and internal audits need to be managed.
  
• Ensuring system UAT is completed on a timely basis.
  
• Responsible for having sufficient controls in every process.
  
• Experience in team management and appraisal is required
  

Requirements

 Skills/Knowledge prerequisites

• Knowledge of Indian Capital Markets, SEBI & RBI Regulations for reporting of trades.
  
• Knowledge of Corporate Action functions of Custody
  

Educational Qualifications

• Graduate / Post Graduate / CA
  

Experience Profile

• Custody operations knowledge required
  

Target Companies

• Custody Services of Bank