Wbp:custody – Client Relationship Team
2 days ago
**WBP:Custody - Client Relationship Team**
**INTERNAL USAGE**:
**No. of Vacancies**:
- 2
**Reports to**:
SVP 1 - Head Custody & Capital Market Products (WBP
- Custody Services)
**Is a Team leader?**
- No
**Team Size**:
**Grade**:
- SM - AVP
**Business**:
- Corporate Banking
**Department**:
- Wholesale Banking Products
**Sub**Department**:
- Custody & Capital Market Products and Fund accounting Services.
**Location**:
- Mumbai
**About Wholesale Banking Products**
Wholesale Banking Products Department focuses on the gamut of corporate products viz. Current Account, CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody & Capital Markets; IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy and Sales & solutions. Gujarat International Financial Tec-City (GIFT) and Fund Accounting Services.
Custody & Capital Market Division is a niche segment focus on Custodial Services (Domestic - PMS, AIF, MF, Insurance etc & Foreign - FPI, FDI, FVCI, DRs); Clearing & Settlement services for Trade; Professional Clearing Services for Equity & Currency Derivative Segments. Bank is also offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance including and Fund Accounting Services.
**About** **the** **Role**
Overall Business Development of these products (Domestic & GIFT) - Business strategy & planning for growth.
Evaluate the Market & Peers Product/Process offering and implementation of best suitable products for the customers.
Possess knowledge on key areas Mutual Funds; Insurance; Foreign Portfolio Investors; Alternative Investment Funds; Commodity Derivatives; Custody; Clearing activities and Fund Accounting Services.
Provide Solutions to the customers on Regulatory Guidelines in consultancy with internal stakeholder.
Business Control: Risk minimization; Audit & Compliance.
**Key Responsibilities**
Adherence to CMC documents, coordinating and taking necessary clarification/ approvals from the stakeholders and implementing the processes under new growth areas - Mutual Funds; Insurance; FPI & AIF
Requirement discussion with Operations and coverage and based on the feedback/ need of the client coordinate to implement process/ systems in custody/ FA systems to suite the needs.
Meet revenue targets - Fee, CDAB, AUC & Fx and ensure client stickiness.
Organize roadshows in collaboration with Big4 / Internal subsidiaries / Tax Consultant.
Business Analysis & Management Reports Preparation.
Manage client’s requirements.
**Qualifications**
- Any master’s degree with experience of 8-12+ years in custody business.
**Role Proficiencies**:
- Positive and collaborative attitude with good communication skills
- Thorough with SEBI regulations & policies related to Custody & Capital market Products.
- Ability to provide solutions to the clients balancing compliance & Risks
- Proactive in learning & self-development.
- Client and MI facing role and meeting day to day need of the client and ensure excellent service delivery.
- Solution oriented Team player
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