Position Title : Manager/Senior Manager

Department : Onboarding

Business : Mumbai

Position reporting to : AVP

JOB PURPOSE :

- The role is responsible for onboarding of FPI clients for custody

- Maintaining client data, managing client queries, handling documentation and conducting necessary client due diligence to minimize any potential risk / liability

KEY RESPONSIBILITIES :

Managerial Responsibilities :

- Ensuring proper follow of onboarding process, Audit Handling

- Connect with stakeholders for improvement of FPI Onboarding process

Functional Responsibilities :

- Handling client documentation as per checklist to ensure smooth onboarding of FPIs & FDIs

- Getting client accounts activated by timely co-ordination with all stakeholders including depository, bank, compliance, stock exchanges etc.

- Ensuring compliance of SEBI regulations while onboarding new clients

- Conducting necessary due diligence checks on all prospective customers and minimize any potential risk / liability

- Stay updated with regulatory changes and appraise the team regarding the same in terms of the changes that may be required in existing process

- Develop system / process to track process efficiency

- Handling day to day client queries and attending all escalated issues from internal and external clients

- Ensure all regulatory reporting / client reporting is completed on time

- Maintain good relationships with the business, regulators, clients etc.

- Develop comprehensive checklists to avoid any miss-outs

Job Requirements :

- Qualifications Postgraduate in Finance

- Experience 8 to 10 Years with a DDP/Custody team in any of the Indian Custodians

Functional Competencies :

- Stays updated on regulatory requirements on client onboarding for FPIs as per SEBI regulation

- Basic Understanding Broking, Custody & Clearing Businesses

- Ability to foresee potential risks

- Understanding business and regulatory reporting requirements

- Knowledge of various due diligence tools available

- Knowledge of excel/power-point

Behavioral Competencies :

- Excellent written & verbal communication skills

- Team player and leadership qualities

- People Management skills

- Good interpersonal skills

Nature or purpose of interaction :

- Compliance: To understand / reconfirm knowledge on regulations

- Business : Updating on the key developments, providing client pipeline updates

- Legal: Interactions to make any amendments in any existing agreements

- Clients: To make them understand the onboarding requirements ,assisting them on queries if any

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