Job Description

:WBP:Custody \xe2\x80\x93 Client Relationship Team
INTERNAL USAGE:
No. of Vacancies: 2 Reports to:SVP 1 \xe2\x80\x93 Head Custody & Capital Market Products (WBP \xe2\x80\x93Custody Services)
Is a Team leader? No Team Size:
Grade: SM - AVP
Business: Corporate Banking Department: Wholesale Banking Products Sub-Department: Custody & Capital Market Products and Fund accounting Services.
Location: Mumbai
About Wholesale Banking ProductsWholesale Banking Products Department focuses on the gamut of corporate products viz. Current Account, CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody & Capital Markets; IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy and Sales & solutions. Gujarat International Financial Tec-City (GIFT) and Fund Accounting Services.Custody & Capital Market Division is a niche segment focus on Custodial Services (Domestic \xe2\x80\x93 PMS, AIF, MF, Insurance etc & Foreign \xe2\x80\x93 FPI, FDI, FVCI, DRs); Clearing & Settlement services for Trade; Professional Clearing Services for Equity & Currency Derivative Segments. Bank is also offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance including and Fund Accounting Services.
About the RoleOverall Business Development of these products (Domestic & GIFT) - Business strategy & planning for growth.Evaluate the Market & Peers Product/Process offering and implementation of best suitable products for the customers.Possess knowledge on key areas Mutual Funds; Insurance; Foreign Portfolio Investors; Alternative Investment Funds; Commodity Derivatives; Custody; Clearing activities and Fund Accounting Services.Provide Solutions to the customers on Regulatory Guidelines in consultancy with internal stakeholder.Business Control: Risk minimization; Audit & Compliance.
Key ResponsibilitiesAdherence to CMC documents, coordinating and taking necessary clarification/ approvals from the stakeholders and implementing the processes under new growth areas \xe2\x80\x93 Mutual Funds; Insurance; FPI & AIFRequirement discussion with Operations and coverage and based on the feedback/ need of the client coordinate to implement process/ systems in custody/ FA systems to suite the needs.Meet revenue targets - Fee, CDAB, AUC & Fx and ensure client stickiness.Organize roadshows in collaboration with Big4 / Internal subsidiaries / Tax Consultant.Business Analysis & Management Reports Preparation.Manage client\xe2\x80\x99s requirements.
Qualifications

• Any master\xe2\x80\x99s degree with experience of 8-12+ years in custody business.

Role Proficiencies:

• Positive and collaborative attitude with good communication skills
• Thorough with SEBI regulations & policies related to Custody & Capital market Products.
• Ability to provide solutions to the clients balancing compliance & Risks
• Proactive in learning & self-development.
• Client and MI facing role and meeting day to day need of the client and ensure excellent service delivery.
• Solution oriented Team player

Skills:Refer to the About Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses

Axis Bank