Junior Product Specialist DCM

YES BANK; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

A leading Indian financial institution is seeking a resource for its DCM team. The role involves assisting with debt issuances, supporting market analysis, and ensuring compliance with internal guidelines. Candidates should have a CA or MBA, showcasing strong analytical, organizational, and client servicing skills. You will collaborate with senior team members and external stakeholders to streamline transaction processes, making this an excellent opportunity for individuals looking to grow in the financial industry.

Qualifications

• Must have a CA, MBA, or a relevant Post Graduate degree.
• Experience in debt capital markets or financial transactions is essential.
• Strong analytical and organizational skills are required.

Responsibilities

• Support the execution of debt issuances and client servicing.
• Ensure compliance with policies and coordinate documentation.
• Assist in maintaining records for audit and regulatory purposes.
• Provide inputs to senior team members about deal pipelines, priorities, deadlines etc.
• Assist senior team members in preparation of internal documentation/memos for transaction approvals
• Assist in structuring of bond offerings
• Assist in ensuring aspects of bond origination and issuance follow relevant policies and procedures
• Collaborate with internal teams (risk, relationship, compliance, etc.) to seek clarifications and conclude on critical deal related aspects
• Contribute to streamline operational workflows to improve client/transaction turnaround timelines
• Assist to ensure that DCM transactions adhere to internal risk management guidelines, regulatory requirements, etc.
• Assist Relationship management teams in preparation of credit memoranda by providing relevant market related inputs while seeking limits for Investment transactions
• Assist in resolution of any outstanding exceptions related to the DCM business
• Support adequate record keeping for audit or regulatory purposes
• Work closely with senior team members, legal, compliance, operations and finance teams for smooth deal delivery
• Assist senior team members with follow-ups, documentation prep and administrative tasks to free up bandwidth for them
• Collaborate with external stakeholders like exchanges, other DCM outfits, rating agencies etc.
• Lead micro initiatives (ex. Process improvements/automation/etc.)
• Track and organise execution and closing documents
• Coordinate with internal teams, external counsel (if any) and issuers for timely documentation flow
• Assist Issuers in preparation of issue related documents and introduce them to relevant external parties like rating agencies, debenture trustees, RTAs, legal counsels, etc.
• Maintain records of transactions
• Support the team in preparing data/ensuring timely submissions of data to regulators like RBI and SEBI/assisting in regulatory or internal audits
• Essential: CA/MBA/Post Graduate diploma in management/Post Graduate degree in science/maths/statistics/economics
• Preferred: (same as above)

Skills

Client servicing

Market analysis

Documentation preparation

Education

CA/MBA/Post Graduate diploma in management

Job description

Purpose of the Role

The said resource will be a part of the DCM team, assisting Sr. Product Specialist/Product Specialist DCM in all aspects of DCM origination, Distribution and execution of debt issuances for cross section of issuers across corporates, NBFCs, financial institutions, etc.

Key Responsibilities & KPIs of the Role

These responsibilities are representative, and the role holder is also responsible for any other job assigned by the superior authorities from time to time. This section is not intended to be an exhaustive listing of all activities done by the role holder. It should capture only the key responsibilities of the role.

Responsibilities

Strategy & Planning

• Support Product Specialist/Sr. Product specialist on transactions by delivering operational, executional and documentation related assistance
• Ensure seamless transaction delivery, client servicing and post deal management of the client/transaction
• Keep track of market trades/primary transaction to apprise team on market trends/provide intelligence/price discovery of mandates
• Provide inputs to senior team members about deal pipelines, priorities, deadlines etc.
• Assist senior team members in preparation of internal documentation/memos for transaction approvals
• Assist in structuring of bond offerings

Policies, Processes & Procedures

• Assist in ensuring aspects of bond origination and issuance follow relevant policies and procedures
• Collaborate with internal teams (risk, relationship, compliance, etc.) to seek clarifications and conclude on critical deal related aspects
• Contribute to streamline operational workflows to improve client/transaction turnaround timelines

Risk and Internal Control

• Assist to ensure that DCM transactions adhere to internal risk management guidelines, regulatory requirements, etc.
• Assist Relationship management teams in preparation of credit memoranda by providing relevant market related inputs while seeking limits for Investment transactions
• Assist in resolution of any outstanding exceptions related to the DCM business
• Support adequate record keeping for audit or regulatory purposes

People Management

• Work closely with senior team members, legal, compliance, operations and finance teams for smooth deal delivery
• Assist senior team members with follow-ups, documentation prep and administrative tasks to free up bandwidth for them
• Collaborate with external stakeholders like exchanges, other DCM outfits, rating agencies etc.
• Lead micro initiatives (ex. Process improvements/automation/etc.)

Documentation & Compliance

• Track and organise execution and closing documents
• Coordinate with internal teams, external counsel (if any) and issuers for timely documentation flow
• Assist Issuers in preparation of issue related documents and introduce them to relevant external parties like rating agencies, debenture trustees, RTAs, legal counsels, etc.
• Maintain records of transactions
• Support the team in preparing data/ensuring timely submissions of data to regulators like RBI and SEBI/assisting in regulatory or internal audits

Education

• Essential: CA/MBA/Post Graduate diploma in management/Post Graduate degree in science/maths/statistics/economics
• Preferred: (same as above)