About Wholesale Banking Coverage

Wholesale Banking Coverage Department focuses on the gamut of corporate products viz. Current Account, CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody & Capital Markets IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy and Sales & solutions. Gujarat International Financial Tec-City (GIFT)

Custody & Capital Market Division is a niche segment focus on Custodial Services (Domestic - PMS, AIF, MF, Insurance etc & Foreign - FPI, FDI, FVCI, DRs) Clearing & Settlement services for Trade Professional Clearing Services for Equity & Currency Derivative Segments. Bank is also offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance.

AbouttheRole

Overall Business Development of these products (Domestic & GIFT) - Business strategy & planning for growth.

Evaluate the Market & Peers Product/Process offering and implementation of best suitable products for the customers.

Possess knowledge on key areas Mutual Funds Insurance Foreign Portfolio Investors Alternative Investment Funds Commodity Derivatives Custody Clearing activities.

- Developing Custodial and Fund Accounting new systems, completion of UAT
- Designing SoPs, documents/SLAs,



Reports as required by the institutional clients or regulators.

Provide Solutions to the customers on Regulatory Guidelines.

Product Commercialization - Planning & Execution.

Business Controle: Risk minimization Audit & Compliance.

Key Responsibilities

Preparing CMC documents, taking necessary approvals from the stakeholders and implementing the processes under new growth areas - Mutual Funds Insurance FPI & AIF

Requirement discussion with Operations and coverage and preparing Business Requirement Documents (BRD) to enhance / implement it in custody and Fund accounting systems to suite the needs.

Responsible to ensure completion of UAT and implementing the process in the prescribed timeline

Meet revenue targets - Fee, CDAB, AUC & Fx

Organize roadshows in collaboration with Big4 / Internal subsidiaries / Tax Consultant.

Business Analysis & Management Reports Preparation.

Qualifications

- Any master's degree with experience of 10-15+ years in custody business.

Role Proficiencies:

- Positive and collaborative attitude with valuable communication skills
- Thorough with SEBI regulations & policies related to Custody & Capital market Products.
- Ability to provide solutions to the clients balancing compliance & Risks
- Proactive in learning & self-development.

📌 WBCG:GSSCA - Head Custody Products (Mumbai)
🏢 Axis Bank
📍 Mumbai