02 Aug
|
Axis Bank
|
Mumbai
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 team-oriented attitude with good 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