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Specialist, Product Sales - Securities Services, Transaction Banking

3.00 to 4.00 Years   Mumbai City   06 Aug, 2021
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaSales / BD,Finance / Accounts / Tax
EmploymentTypeFull-time

Job Description

*Business FunctionGlobal Transaction Services (GTS) comprises of Cash & Trade, Securities Services and Fiduciary Services. In an increasingly borderless world marked by burgeoning trade flow, expertise in trade finance services is an invaluable asset. With cash the lifeblood of every company, so too, is a good understanding of how to manage these cashflows. Trade Finance, together with Cash Management, is the mainstay of GTS, and is extended to SME and corporate clients for their local and cross-border financial transaction needs.Job Purpose :

  1. Source business for new FPIs, FDIs, FVCIs, AIFs covering Custody and PCM (Derivative Clearing) business through engagement with own connect and intermediary channels such as brokers, law firms, tax consultants, fund administrators, Trustees, etc.
  2. Ensure that all Service Level Standards agreed with various units and clients are met with high levels of integrity and professionalism.
  3. Set-up monthly marketing events with intermediaries to build traction and source new business
Prepare and disseminate custody circulars on market developments, operation changes, regulatory & securities industry updates. Incumbent should be seen by the clients as their person in India as they normally would not have a local presence.Key Accountibilities :
  1. Source new business of FPIs, AIFs, FDIs, FVCIs, covering Custody and PCM (Derivative Clearing) business, etc.
  2. Achieve high satisfaction ratings in client due-diligence visits, surveys and market surveys
  3. Support custody product owner and Head, Custody in revenue-engineering activities
Monthly marketing event with intermediary channelsJob Duties & Responsibilities :
  1. Sourcing of new clients for Custody and PCM business
  2. On boarding of client in coordination with the relationship team and operations team
  3. Establish good working relationship with reputed FI clients including FPIs & PEs
  4. Conduct marketing events on monthly basis for intermediaries
  5. Ensure prompt responses to clients queries (24-hr turnaround / acknowledgement).
  6. Work with the client on account structure so that the account registration process with SEBI is smooth.
  7. Liaise with client on the account opening document requirements.
  8. Ensure that the transition of new business is smooth.
  9. Offer innovative solutions to provide clients with value-added services, in consultation with product / operations.
  10. Prepare responses to issues and presentation slides for clients service reviews and due diligence visits.
Keep abreast of market developments and keep the clients updated on the same.Education/Preferred Qualifications:
  1. Good university degree or equivalent majoring in Business Administration, Financial Accounting, Science, Engineering or equivalent with some financial/banking experience preferred.
  2. Degree in Securities Law is preferable
  3. Should be street smart with good communication skills
,

Keyskills :
gtsbusiness administrationfinancial accountingcash managementsecurities lawfinancial justificationdue diligencetransaction servicesnew businessservice levelsmeaccount openingtrade financevalueadded services

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