Description
The job holder will act as the central liaison point between the bank’s customers and the market / sub‑custodians, negotiating fees and implementation of custody agreements, escalating service or relationship issues and working in resolution and transition of client assets from a custodian to a custodian, except for the local market.
Responsibilities
- Maintain and develop relationships with existing service providers and intermediaries and conduct due diligence visits on current service providers.
- Comply with custody and group policies.
- Responsible for monitoring sub‑custodian performance under the terms of the Sub‑custodian Agreement and Service Level Agreement, as well as any changes or proposed changes impacting sub‑custodian performance under the terms of the Addendum to the Sub‑custodian Agreement.
- Negotiate fees, drive new initiatives and ensure quality of service delivery to the sub‑custodian.
- Manage the infrastructure relationships including central counterparties, depositories and other third‑party post‑trade providers and assess potential service providers.
- Gather, disseminate and distribute market information for both internal and external clients.
- Facilitate the establishment of custody relationships and accounts set‑up in different markets.
- Drive and manage new market entries custodian selection process including due diligence questionnaires, RFPs, RFIs and asset transition.
Qualifications
- Degree in a relevant discipline, qualification in Business Management.
- 3+ years of wide‑ranging operations experience in custody services.
- 4 years in a relationship or client‑services role typically within a large multi‑faced organisation, ideally within the financial services industry or market‑related.
- Mature interpersonal skills, and broad experience in managing client relationships.
- Strong inter‑personal, facilitation, team‑building skills, diplomacy, and influencing skills.
- Fluent English.