• Associate Manager - Securities Service Operations Jobs in Chennai,India - 25320359

  • Standard Chartered Bank Ltd
  • Save Job
  • 5 - 6 Years
  • Posted : above 1 month

Job Description:

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base


Receive and process all purchases/ sell /switch trades and settle daily with the appropriate outside custodians

Prepare and wire transfers for all trade settlements, meeting very strict time deadlines

Ensure all corporate action events, including income events, are captured, and validated

On a daily basis ensure that all corporate action events across all markets and asset types (Equities, Fixed income and Mutual funds) are correctly processed, reviewed and reconciled as necessary in accordance with procedures and event deadlines

Identify all eligible holders and ensure to distribute notifications related to corporate market events

Monitor the Corporate Actions throughout the business day and, in conjunction with team members, effectively manage processing volumes over futures periods

Investigate reconciliation discrepancies on a daily basis ensuring all discrepancies are resolved and cleared at the earliest opportunity

Escalate all material risk items and service issues to your Team Leader/Manager on a timely basis

To manage the claim process on managing Market/Counterparty claim processing

Ensure to reconcile SWIFT MT564 (notifications) as received from custodian versus customer positions held at back-office systems

Ensure the appropriate restriction status of entitlements is maintained in the clients applications through interaction with custodians and update

Manage any queries received from various internal and external parties

Interact with other teams and the third parties/custodians as appropriate


Candidates should possess a good understanding of Financial Markets with a minimum of 5 to 6 years experience in Custody environment//wealth management operations process

Understanding of the trade lifecycle of the securities trade process

Experience within a Corporate Actions environment would be an advantage but is not essential for this role as training will be provided

Good knowledge in excel is mandatory

Strong analytical skills with an ability to identify problems and develop solutions

Acute attention to detail and understanding of downstream processes

Possess a good understanding of the risks inherent in the corporate actions environment and demonstrate good discipline around control and escalation

Candidates should demonstrate appropriate levels of academic achievement or relevant work experience

Candidates should possess a high level of self- motivation and adaptability

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 03rd Jun 2020

Key Skills:

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