Sr. Manager - Corporate Actions & Custody Settlements

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

Job summary

Mintskill HR Solutions LLP seeks a Senior Manager for Corporate Actions & Custody Settlements in Mumbai. The role oversees trade confirmations, contract notes, and exchange order processing, with emphasis on timely reporting and compliance.

The ideal candidate has 8–10 years of experience in custody services and deep knowledge of Indian capital markets, SEBI and RBI regulations. Commerce graduates are welcome to apply for this challenging, client-focused leadership position.

Qualifications

• Commerce Graduate from any University.
• 8-10 years of experience preferred in the Custody Services unit of any Bank.
• Exposure to Indian capital markets and SEBI & RBI regulations for custody, equity and debt settlements.

Responsibilities

• Ensure timely confirmation of clearing house trades on an exchange.
• Process contract notes from brokers and exchange orders.
• Manage early pay-in of securities and funds; margin payment of funds.
• Oversee NSDL processing and hand delivery trades.
• Handle PMS and FDI client trade processing; ensure client reports are timely.

Skills

Capital markets

Regulatory knowledge

Custody settlements

Education

Commerce degree

Job description

Sr. Manager - Corporate Actions & Custody Settlements

Average No. of direct Reportees: 4-5

Important Note

Job Role / KRA’s:

• Ensuring Confirmation of Clearing House Trades on an exchange is done on a timely basis.
  
• Ensuring all the Contract Notes received from Broker are processed.
  
• Ensuring Exchange Orders received are processed.
  
• Early Pay-In of Securities and Funds.
  
• Margin Payment of Funds.
  
• Processing instructions on NSDL.
  
• Processing of Hand Delivery Trades.
  
• Processing of Corporate Debt Trades.
  
• Interacting with Brokers & Exchanges.
  
• Ensuring Client reports are sent on a timely basis.
  
• Processing of trades for PMS clients.
  
• Processing of trades for FDI clients.
  
• Responsible for having Standard Operating Procedures and checklists in place for every activity.
  
• Responsible for having sufficient controls in every process.
  
• Ensure Regulatory requirements are complied.
  
• Responsible for meeting existing agreed TAT’s with Clients.
  
• Ensuring all the reports are sent to Exchange & Clearing Corporations on time

Requirements

JOB REQUIREMENTS:

Skills/Knowledge prerequisites:

Knowledge of Indian capital markets and SEBI & RBI Regulations for Custodian, equity, and debt settlement of trades.

Educational Qualifications:

• Commerce Graduate from any University.

Experience Profile:

• The job requires at least 8-10 years of experience, preferably in the Custody Services unit of any Bank.
• HDFC Bank,ICICI Bank,Axis Bank, Yes Bank,SBI,Citibank,Standard Chartered Bank,Deutsche Bank AG,BNP Paribas,HSBC,J.P. Morgan Chase,DBS Bank,Stock Holding Corporation of India