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CIB-Securities Services Operations-Trade Lifecycle Manager-Associate

2.00 to 4.00 Years   Bangalore   23 Nov, 2021
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax,Sales / BD
EmploymentTypeFull-time

Job Description

The Custody Transitions Team is part of CIB Operations Securities Services and is responsible for supporting Global Custody clients on all transition related activity.As a Trade Lifecycle Manager, you will be responsible in the end to end execution of client asset transfers, namely:-

  • On-boarding of new business,
  • Incremental transitions and restructures of existing client portfolios
  • Client exits
Key Responsibilities
  • Execute Stock transfers in line with agreed strategy, monitoring market trading, ensuring timely settlement of trades.
  • Perform detailed portfolio/market/asset analysis, account structure and static data checks to minimise both client and operational risk.
  • Ensure timely settlement of trades, investigate and resolve trade-related issues in accordance with the established work practices and procedures
  • Partner with various internal teams such as trade processing, pre-matching, settlements, cash processing, account opening and asset servicing to process transactions and resolve any exceptions on a timely manner.
  • Perform root cause analysis and enhance processing tool capability to increase STP and reduce settlement delays
  • Strong understanding of Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution
  • Partner with technology team to help identify internal and external facing technology improvement opportunities.
  • Collaborate with Network on questions around market regulations
  • Ensure all day to day queries dealt with within required SLAs and escalate issues .
  • Maintain the highest individual and team standards for quality assurance as it relates to all investor or fund activity / changes; ensure team is Always Audit Ready
  • Lead/attend appropriate conference calls to define requirements, manage issues and agree ownership/timelines for completion.
  • Opportunity to work on Transitions and Middle Office strategy initiatives
Key Skills/Competencies
  • Planning and prioritization skills, ensuring key deliverables and desired outcomes met within required timeframes.
  • Strong analytical and problem solving skills including taking the initiative to drive change and enhance controls
  • Control focus, aware of key risks to event, client, impacted third parties and JPMorgan
  • Anticipate issues and aggressively drive initiatives to ensure results
  • Ability to work closely with business partners and interact with all staff levels
  • Self-motivated, innovative, adaptable and analytical
  • Industry/product knowledge of Global Custody would be advantageous
  • Strong Team Player
,

Keyskills :
static datanew businessdrive changemiddle officeglobal custodyrisk managementasset servicingproblem solvingaccount openingtrade processingquality assurance

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