Job Description:

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.
About the Role

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 positive 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.

Skills:

Refer to the Job Description

About Company:

Axis Bank is the third largest private bank in India, serving ~59 million customers with a workforce of over 104,400 employees as on March 31, 2025. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. As on March 31, 2025, The Bank has a large footprint of 5,876 domestic branches, 13,941 ATMs and cash recyclers, with close to 47% branches in rural and semi-urban region. The Bank's overseas operations encompass eight international offices, including branches in Singapore, Dubai (at DIFC), and Gift City-IBU. There are also representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The international offices focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings.

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