Manager - Network Management - Investment Bank

Hiring for a Manager for a Network Management profile for an investment bank in Mumbai

- Onboarding/ Off boarding of new agent bank/ Custodian accounts

- Ongoing management of cash and custody providers, including issue escalation / resolution, agent service reviews, fee negotiation, service level agreement implementation / management, etc.

- Annual / periodic review of Custodian services and due diligence with agent bank/ providers

- Periodic review and assessment of alternative agent bank providers in a market to ensure we are leveraging services of the most robust providers for the best price points

- On-going monitoring of agent bank activity and fees; performance of pricing reviews / analysis.

- Maintaining MIS of total agent bank spend and analyse fees paid to out agent bank network

- Support of new business expansion, understanding operational requirements from service providers, market implications, implementation of new provider relationships, etc.

- Significant interaction with regional stakeholders globally to complete and sign off on annual, regulatory driven due diligence reviews of providers and other key functions

- Adherence to firm regulatory obligations for segregation and security of client assets throughout the agent bank network

- Responsibility for defining and maintaining control/ filing procedures around accounts mandates and related documentation

- Development of an in depth knowledge of markets

- Ability to understand, interpret and communicate market developments and the impact of change to the organization as a whole. Includes communication with both internal and external Custodians.