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 Qualified Clearing Services for Equity & Currency Derivative Segments. Bank is also offering Fund Accounting Services for Portfolio Managers (PMS) & Alternative Investment Funds (AIFs).
AbouttheRole Business strategy & planning for growth.
Evaluate the Market & Peers Product/Process offering and implementation of best suitable products for the customers.
Deep understanding about SEBI and RBI guidelines and actively engage with Regulators.
Possess knowledge on key areas Mutual Funds Insurance Foreign Portfolio Investors Alternative Investment Funds Commodity Derivatives Custody Clearing activities.
Provide Solutions to the customers on Regulatory Guidelines.
Overall Business Development of Custody & Capital Market Business (At Domestic & GIFT)
Driving Business through Coverage & Direct Customer Meetings.
Creating synergies with Intermediaries (Legal firms and Trustees) Administrators.
Good understanding on SEBI RBI and KYC/AML guidelines.
Product Commercialization - Planning & execution.
Business Controle: Risk minimization Audit & Compliance.
Key Responsibilities Strategy & Planning for growth
Current Client/Fund acquisition
Meet revenue targets - Fee, CDAB, AUC & Fx
Organize roadshows in collaboration with Big4 / Internal subsidiaries / Tax Consultant.
Business Analysis & Management Reports Preparation
Mentoring team members
Cross Sales of other WBP Products.
Qualifications
Any master's degree with experience of 10 years in custody business.
Role Proficiencies:
Positive and collaborative attitude with valuable communication skills
Thorough with SEBI regulations & policies related to custody & capital market clients
Ability to provide solutions to the clients
Proactive in learning & self-development.