ROLE SUMMARY
The role holder is primarily responsible for execution of Operations of Fixed income and Money Market Trades. Meeting end to end Unit deliverables and management expectations, in line with internal and external guidelines. Process improvements to bring more efficiency and mitigate risk and ensure adherence to regulations. Escalations to management for deviations, exceptions.
KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic/ Managerial Responsibilities
Ensure that high service quality is delivered to all Customers (External/Internal)
Ensure comprehensive compliance with all regulatory and statutory requirements as relevant for various product and service Core Responsibilities Operations Management & Vendor Management Hands on experience of Processing of Fixed Income & Money Market Deals
Thorough Knowledge of PD Business, CSGL & IPA processing
Well versed with all prevalent RBI guidelines pertaining to FIMM Desk Knowledge of processing of auctions, OMO, special repo etc.
Knowledge of NSLR – Primary and Secondary market operations
Well versed with SLR and CRR maintenance process
Thorough with the accounting schema of all FIMM products
Ensures that all transactions are processed as per agreed SLAs/approved procedures and guidelines
Ensures nil operational losses/ revenue leakages.
Accepts responsibility and accountability for execution of all operational processes.
Ensures timely review & renewal that all process notes, flowcharts, checklist etc that is referred to by the unit
Reports to the business head on any changes in the process followed or deviation from the standard process & if need be make relevant changes & obtain approvals
Plans & conduct periodic meetings with stake holders & ensure corrective & preventive actions are in place based on the feedback
Ensures tracking of open items related to the department and their logical closures
Ensures proper due diligence of new products & processes
Audit & Compliance
Ensure timely and accurate submission of audit data
Saving of daily records on share drive in a standard and logical manner
People Management or Self Management Responsibilities
Maintain discipline & decorum in the team
Lead, motivate, coach Risk and Internal Control Responsibilities
Follows risk policy and processes to mitigate the operational, regulatory, financial, informational, reputational and audit risks as instructed by the departmental manager
Executes the established internal control systems and compiles relevant information for departmental audits, as necessary.
KEY INTERACTIONS
Audit/ ORM
Timely response to Audit/ ORM queries post discussion with senior
Tracking of open audit points and coordinating with seniors for logical closure Branches / Front Office
Interaction for transaction processing and customer query management Product team
For transaction query management, clarifications and approvals. External Clients
For transaction query management, clarifications and information etc.
KNOWLEDGE & EXPERIENCE KNOWLEDGE
Minimum Qualifications
Post Graduate Professional Certifications
Post Graduate/ CA,/MBA
Language Skills
English , Hindi
Years of Experience
05-10 Years of experience Nature of Experience
Financial Markets Operations and related products in Treasury.