AVP, Operations

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Markets and Securities Services

Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations. Markets and Securities Services offers a range of fund administration, global custody, sub-custody and clearing services.

We are currently seeking an experienced professional to join the Markets and Securities Services

team.

Principal Responsibilities:

• The Role requires strong understanding of the Securities markets along with regulatory knowledge of the Securities Market and the relevant risk principles associated with Securities Transactions
• To accurately process / check the day to day operations related activities which includes processing reporting of clients Fx transaction to client, Global Markets & Regulators.
• To timely process payments to meet regulatory / client obligations
• Regulatory Reporting/Collating of Data/Coordinating with various stakeholders to ensure accurate reporting to Regulators at all times.
• Maintain working relationship with internal & external stake holders.
• To be seen as the SME (Subject Matter Expert) by internal / external counterparties on regulations / policies pertaining to FX operations in India
• Assist the line manager in implementation of longer-term strategic vision for the operations unit. This includes assisting in testing and implementing system changes.
• Nostro/Vostro Knowledge and Reconciliation
• Maintain excellent rapport with internal teams like Client Services team, Regulatory Reporting team, Compliance team etc. and also external market participants i.e. Stock exchanges/ other custodians / registrars and companies

Qualifications/Requirements:

• Graduate with 3-5 years of experience.
• Capital Market knowledge is preferred

Major Challenges:

• Managing services and identifying risk areas within the area of control to meet and beat customer expectations
• Ensure that the activities are done accurately and before the cut offs.
• Ensure Staff development and motivation.
• Anticipating future client requirements and developing the capabilities to meet the same
• To operate flexible systems

Role Context:

• The Indian capital market is complex and hence it is extremely challenging to continuously offer superior service and flawless execution to our customer base, which are very demanding large institutional clients.
• Additionally, the Custody business is extremely competitive where a single client win / loss can result in revenue worth millions of USD getting impacted. The size of transaction intensifies the operational risks and small error can lead to financial and reputation impact. The custodian, including the operations section, is expected to be a partner to the client through the close liaison with client services.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India

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