Key Responsibilities

Strategy

• Awareness and understanding of the Group’s business strategy and model appropriate to the role.

Business

• Knowledge of Custody operations, Securities Settlements, Corporate Actions, Financial Market Operations. Knowledge of Agent banking, Sub Custody operations and clearing will be an added advantage.

Processes

• To authorize and control the dispatch of the outgoing messages related to Corporate Action in CAPE.
• To notify the client of any Corporate Action event by means of SWIFT / Fax / e-mail / S2B or any other mechanism as may be specified in the DOI.
• To authorize responses to sub-custodians on the option being exercised based on the response received from the clients and to debit / credit the clients account for disbursement processing.
• To authorise proper collection and disbursement of resultant entitlements from corporate action events.
• To authorise vouchers or Swift messages for Transfer of funds from and to Nostro accounts and transfer of funds across accounts based on the underlying instructions.




• To perform investigation of all types of breaks relating to Cash and Securities and all other Inventory reconciliation outstanding / exceptions relating to Corporate Actions
• Ensure all timelines are met with accuracy as per agreed SLA.
• Managing the team members effectively, knowledge sharing among team members & developing individual skills of all team members.
• Process training to recent joiners, regular updates on the process change and incorporation of the changes in DOI.
• Ensure a continual drive towards automated control processes.
• Ensure proper functioning of day-to-day controls, periodic monitoring of activities and timely resolution of risk issues.
• To ensure successful completion of BCP/DR test at required frequencies.
• To escalate issues as they occur and coordinate communication to senior stakeholders.
• Manage the performance and development of staff across the unit.
• Co-ordinate various testing in

📌 Senior Sepcialist (Chennai)
🏢 Standard Chartered India
📍 Chennai