Roles and Responsibility: - Heading Operations of DP, Billing and Receivable Management of DP, KYC (Account Opening and Modification) of DP; Direct reportees will be Team Leaders of Transaction Processing, Billing & KYC unit. - Work in close co-ordination with Head Operations, Standard Chartered Securities (I) Limited. - Ensuring all units of DP functions efficiently - Developing policies, processes - Developing controls over different units of DP - Resolving queries of stake holder(s) - Identification of Gaps and plugging it through necessary controls and processes - To ensure compliance with local Regulatory requirement, circulars as well as Group requirement - Handling Regulatory Inspections - Handling and resolving the alerts received from Regulators - Governing Regulatory Submissions like RAT, Regulatory Inspection, Tariff Submission, AI/ML reporting etc. from DP Operation perspective. - Checking IAR - System development, enhancement to comply with Regulatory requirements, build necessary checks through system, etc - Checking of DR functionality at Regular intervals - Developing and Testing of Business Continuity Plan - Monitoring team performance - Responsible for generation of all reports and MIS for entire DP Unit - Ensuring client communication as defined in DOI - Computing and monitoring doubtful clients defaulting DP Dues. - Managing and onboarding of different vendors - Ensure and given inputs to meet the budget. - Business Impact Analysis of the systems i.e. being used by the DP - System user verifications at regular interval to check unauthorized access - Mitigation plan to manage Risk - Co-ordinating with Depositories - Improvise process and policies to enhance its effect on various measure like faster TAT, reducing errors or rejections etc. - Training to the teams - Quick resolution of the queries raised by the Auditors People & Talent: - Ensure collaboration with multiple stakeholders and leveraging on talent and expertise Risk Management: - Identify and share industry best practices and work with the businesses for their feasibility and implementation. - Ensure all policies and procedures comply with Group Policies and Standards. Ensure proper and updated documentation in place for in-country policies and procedures. Governance: - Ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements. - Embed the Group's values and code of conduct in Credit Initiation to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees forms part of the culture. - Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews. 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. - Lead the Wealth Management team to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment. - Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Mumbai

Depository Operations Head - Bank 

Job Description for Depository Operations Head - Bank   in  Mumbai for (10-20) years of experience. Apply Now!