Experience in Custody bank operations/Custody platforms offering Security services.
Must Have:
In depth expertise in the Indian custody domain, with robust hands on experience across settlement, safekeeping and asset servicing operations.
Proven expertise in
a) Functional design of custody solutions covering Equity and Fixed Income markets in India
b) Translate Indian market and regulatory requirements into explicit functional specifications and solution designs
c) Design STP enabled clearing and settlement workflows for:
NSE / BSE
Equity and Debt segments
T+1 and T+0 settlement cycles
d) Exposure to support multiple client segments such as Domestic institutional investors, FPIs / FVCIs, Global custodians etc.
e) Experience in handling Government Securities settlement via NDS OM and CCIL
f) Support corporate bond settlement via CBRICS, including trade matching and confirmation
g) Define automated processing for corporate actions (dividends, bonus, rights, IPO benefits), including tax withholding
h)
functional design of Reg Tech and reporting solutions for:
i. SEBI, RBI, NSDL/CDSL (FDI / FPI limits and other regulatory reporting requirements) regulatory submissions & annexures.
ii. Design and monitor investment and regulatory limits, such as FOL / SAST, VRR, DLM and global utilization limits, Capital market exposure and irreversible payment commitment (IPC) risk metrics.
i) Architect integrations with:
NSDL / CDSL
CCIL / NDS
SWIFT (MT / MX) for global client communication
Ability to work as SME to gather/analyze requirements and create Functional Solution documents on a proactive basis or as part of Implementations.
Work with the Product Engineering and Testing teams to validate the solutions developed.
Valuable communication skills and willingness to travel
Role descriptions :
Requirement Gathering, Solution Analysis, Business Process Mapping & Testing would be the key responsibilities
Inclination to build a career in Product management and Pre Sales.