Corporate Action - domestic custody clients

Mintskill HR Solutions LLP; Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Mintskill HR Solutions LLP is seeking an AVP for Corporate Action in Custody Services to manage domestic custody clients in Mumbai. The role covers handling voluntary corporate actions, IPO/FPO/QIP, and OFS/bids on exchange platforms with strict adherence to timelines.

You will oversee ASBA processing, regulatory compliance, and fund transfer instructions while leading a 4–5 member team and liaising with clients and auditors.

Qualifications

• Experience handling voluntary corporate action events.
• Processing primary market events: IPO, FPO, QIP, Private Placement.
• Execution of bids on exchange platform for OFS, buyback, etc.
• ASBA processing for rights IPO FPO call money.
• Ensure processing of Fund Transfer instructions within TAT.
• Familiar with SEBI & RBI regulations for reporting trades.
• Daily mutual fund subscriptions and redemptions processing and reporting.
• Experience in team management and appraisal.

Responsibilities

• Handle all types of voluntary corporate action events for domestic custody clients.
• Manage processing of IPO, FPO, QIP, private placement, etc.
• Execute bids on exchange platform for OFS, buyback, open offer.
• Oversee ASBA processing and related regulatory documentation.
• Ensure timely fund transfer instructions and regulatory reporting.
• Coordinate with auditors and respond to queries.

Skills

Corporate Action experience

Domestic custody clients

Team management

Regulatory knowledge (SEBI RBI)

Operational excellence

Job description

Corporate Action - domestic custody clients

ONLY PROFILES WHERE CANDIDATE HAS WORKED EXPERIENCE OF CORPORATE ACTIONS FOR DOMESTIC CUSTODY CLIENTS WILL BE CONSIDERED

Grade : AVP

Division : Custody Services

Function : Settlements Unit

Average No. of direct Reportees : 4-5

Job Role / KRA’s:

• To handle all types of voluntary corporate action events
• To handle processing of primary market events such as IPO, FPO, QIP, Private Placement, etc.
• To handle execution of bids on exchange platform for OFS, buyback, open offer, etc.
• To handle ASBA processing for rights, IPO, FPO, call money.
• To ensure processing of Fund Transfer instructions within TAT.
• Familiar with FDI, FVCI regulations, and verification of regulatory documents
• Processing of Instructions received from the Clients.
• Daily Mutual fund subscriptions and redemptions processing and reporting
• To handle client and auditor queries
• Various regulatory and internal audits need to be managed.
• Ensuring system UAT is completed on a timely basis.
• Responsible for having sufficient controls in every process.
• Experience in team management and appraisal is required

Requirements

Skills/Knowledge prerequisites

• Knowledge of Indian Capital Markets, SEBI & RBI Regulations for reporting of trades.
• Knowledge of Corporate Action functions of Custody