Spl'st, Settlements - Mumbai, India - Standard Chartered

Standard Chartered

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job:
Operations

Primary Location:
Asia-India-Mumbai

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 22/Feb/2023, 5:36:40 AM

Unposting Date:
Ongoing

Roles and Responsibility

To assist section head in ensuring processing of all transaction with accuracy and timely manner.

Ensure that all trade instructions received by the Bank are monitored and recorded in the system in line with the operating procedures.
Any exceptions with respect to incomplete instruction viz. client signatures, trade details, cash limits etc have to be identified and due followup for resolution is done.
FPl / Mutual Fund clients Investment / ETF investments in cash market segment are processed as per agreed deadline.
Ensure that all Clearing House Trades are confirmed and settled within the stipulated deadlines
To revert to all the queries received from the client's/regulators.
Complete Projects assigned by Line Manager within deadline

Strategy

To successfully perform activities related to Equities Settlement and execution of client instructions and reporting to clients.
To ensure to respond to all the queries received from the Client's/ Regulators.
Analysing and raising system change request for new client requirements.
Working on any special process improvements / adhoc projects assigned by Line Manager.
Efficient management of the process improvements and project implementation.

Business

Provides best in service to support to address client's queries and issues
Ensures all the information transactions are processed as per the agreed deadline.
Ensures all the instructions are processed well with in the market deadline.
Ensures all the procedures laid down in the Departmental Operating Instructions and the Key Control Standards are adequately followed.

Processes

Receiving Contract Notes(CN) from the brokers and Mutual Funds through STP route and check the validity under controlled manner as prescribed in the DOI.
To adhere to the settlement cycles of the Clearing House and ensure that the client(s) purchase / sale trades are settled on the respective settlement dates
Ensure that the interscheme instructions received from clients are recorded and settled as per the laid down procedures. Ensure that all system updates are completed in a timely fashion to enable timely settlement of such trades.
Ensure that client settlement advises for the respective clients are sent as per agreed client requirements. SWIFT advises sent to client carry the appropriate references and details as per the actual trade settled in the market.
Keep the immediate Manager advised of the regular operations as well as report extraordinary occurrences so as to enable taking of appropriate action.

People and Talent

Cross Training in activities of other sub sections of the Equity Settlements & Trade Support.

Risk Management

To process and ensure all trade instruction received from the clients of the Bank are processed and settled in line with the laid down procedures in the DOI.
Assist Line Manager in handling processing exceptions of the unit in controlled manner to ensure efficient functioning of the Unit.
Assisting in units audit by coordinating requirement of internal or external auditors.
Ensure that the sectional archival, new requirement testing and documentation, exception tracking MIS, etc is done on at good frequency intervals.

Governance

Ensure that all procedures laid down in the Departmental Operating Instructions and the Key Control Standards laid down by GCS are adequately followed.
Completion of all Mandatory Risk & Training and related Compliance activities by the set deadlines.

Regulatory & Business Conduct

Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

Internal Sections of Securities Services
Clearing house
Depository Participants
Governance team
Product & Compliance
Regulators (RBI / SEBI)

Other Responsibilities

To Perform any job or task resulting from any emergencies as well as those which may be assigned by manager.
Extensive participation in the systems enhancement UAT of the unit.
Work towards making process simplified to reduce the time or built better control.
Give support for cross training and manage high volumes.

Regulatory & Business Conduct