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DCC Vice President

10.00 to 12.00 Years   Mumbai City   09 May, 2019
JPMorgan
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
Industryanking / Financial Services
Functional AreaSBU Head / CEO / Director
EmploymentTypeFull-time

Job Description

The India Direct Custody team is responsible for end to end custodian services which range from, account opening, reference data, settlement activities corporate actions FX, reconciliation, client service & fee billing. Extensive collaboration with Product, Technology, Legal, Compliance, Risk, Finance, Tax and Customer Service is essential with in-country and regional functional partners to ensure operational capabilities meet high service quality standards.This position reports to the Head Operations & Client Service - Direct Custody & Clearing (DCC), India and is responsible for leading and managing the Client Onboarding & Registration team. The candidate will be responsible for flawless service delivery, Participating & driving market advocacy, maintaining highest levels of client experience, clean audits and inspections, ensuring business is operating in full compliance with local market standards and the Firm wide requirements. Delivery on cost saves and productivity targets are key components of the goals.Key Responsibilities:

  • In depth understanding of Direct Custody Business and Account Opening/KYC is essential
  • Sound knowledge of India Financial & Securities Market and its operating principals and rules
  • The job entails managing strong working relationship with external partners, including regulators. Participate and drive market advocacy to ensure better client experience, manage risk & bring efficiency.
  • Evaluate effectiveness of workflows and processes with the aim of improving efficiencies as well as the timeliness and accuracy of the production process.
  • Comply with audit and compliance regulations and be the focal point for audit and client visits.
  • Critical in providing input, development and management of projects in the team on system enhancements, end to end process reviews
  • Ensure operational risks are identified and managed effectively, ensure systems and processes are in place to minimize and monitor and manage all aspects of operating risk and compliance in the custody operations functions
  • Develop succession planning for team members and build knowledge depth within team through cross training and coaching. Provide development opportunities to achieve career development needs.
Qualifications:
  • Master s Degree Preferred MBA, CA or equivalent
  • 10 -12 years management experience in an Operations role
  • Strong people management skills and develop/guide staff in a team orientated environment
  • Strong Risk and Control Awareness: Ability to effectively prioritize workloads and work to critical deadlines
  • Excellent customer service skills and able to handle difficult situations internally and externally
  • Capable of working under pressure and to cope with changing volumes, whilst maintaining accuracy and quality.
  • Team player with excellent problem solving skills with attention to detail.
  • Keen learner with drive, enthusiasm and ability to motivate others.
  • Strong analytical skills and logical thinker
  • Excellent written and oral English communication skills.
Good knowledge in MS Office Suite applications - MS Word, Excel and Power Point,

Keyskills :
marketingmanagementqualityriskfinanceransactionprojectdevelopmentstandardsproblemsbubusinessprocessingsolving

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