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29/09 HR
HR Consultant at COE Solution

Views:72 Applications:25 Rec. Actions:Recruiter Actions:18

Product Manager - BFIG - Capital Markets Division - Custody Services Department (4-8 yrs)

Mumbai Job Code: 1162207

Capital Markets divisions comprises of various functions such as custody, derivatives clearings, fund accounting, loan against shares and clearing bank.

The Custody Services department provides Custody and Clearing & Settlement services to foreign and domestic institutional investors like FPIs, PMSs, Private Equity Funds, Alternate Investment Funds, PMS etc. The department also provides services incidental to the ones mentioned above like FX conversions, corporate actions, regulatory reporting, etc.

The derivatives clearing department Clearing & Settlement services to foreign and domestic institutional investors like FPIs, PMSs, Private Equity Funds, Alternate Investment Funds, PMS etc for futures and options segment and the currency derivatives segment.

The fund accounting department provides accounting and valuation solutions to foreign and domestic institutional investors like FPIs, PMSs, Private Equity Funds, Alternate Investment Funds, PMS, etc.

The product manager should have detailed knowledge pertaining to all the legal, regulatory, and operational aspects of the above.

The important sills and job requirements are as follows:

- Detailed knowledge of the working and the requirements of the various investor classes as mentioned above.

- Implementation of changes in existing product lines due to amendments in business offerings, simplification of offerings, new offerings, etc.

- Client interactions with regards to India access, providing in depth explanations and client specific / situation specific queries pertaining to our product offerings, regulatory or legal aspects, etc

- Client interactions with regards to structuring from the perspective of regulations, ease of set up, time to market, etc

- Assisting the sales team towards providing and explaining an in depth operational overview with detailed step by step processes and also explanation of impact of extant regulations and regulatory changes.

- Interaction with regulators like SEBI, NSDL, NCL, etc and being the designated point of contact with SEBI.

- Involvement in technology initiatives and offerings enhancements and initiatives. Involvement in high level process changes from the perspective of regulatory aspects, legal aspects, client impact.

- Detailed Knowledge of KYC and AML under the SEBI and RBI norms and its applicability under different situations.

- Detailed knowledge of various other regulations that are directly or indirectly applicable to the service offerings described above

- Manage new client requirement and implement and define process with coordination and support from operations teams

- Regulatory interfacing for obtaining opinions with regulators as and when needed.

- Market interface and knowledge of industry practices

Job Requirements:

- Should be at least a Post Graduate with about 5 years relevant experience across spheres in capital markets.

- Should have impeccable communication skills

- Cross functional knowledge of regulations & guidelines.

- Good networking skills

- Organizational Discipline.

- Strong Communication skills

Women-friendly workplace:

Maternity and Paternity Benefits

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