Primary Location: ASEAN & South Asia-India-Mumbai
Employee Status: Permanent
Posting Date: 14/Feb/2020
Unposting Date: 15/Feb/2020
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. It's 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.
We're 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.
The Role Responsibilities
In order to streamline processes and controls the present job has been identified in Operations. The responsibilities of the job holder include:
Processing of Daily transactions of the unit which is in consonance with the Settlement Operations Manual, Flexi Trade working as per the Procedure Circulars and other Process Circulars that may be issued from time to time
To ensure that the turnaround times in respect of Transaction processing, Securities Payin & Payout, Daily Client wise reconciliation of Stock / Bank balances, Corporate Action allocation are met on a consistent basis as per agreed SLAs / TATs with respective Units
Providing Daily, periodic statements as per the regulatory requirements to clients / Regulatory
Provide daily limit assignment Trading clients on Online system & ensure proper update in System.
Daily processing of Third party product i.e. IPO, OFS,NCD, GOI Bond
Daily processing of NRI trade & co-ordination with SCB PIS team
To test System enhancement & Regulatory changes in BAU activities
To ensure that all Internal Suspense / Sundry accounts are reconciled / kept reconciled on a daily basis
To ensure an “error free” transaction processing environment
To ensure that all operational losses are kept to the bare minimum if not a “Nil” position in respect of all activities undertaken by the Job Holder
To ensure that there is continuous improvement in upgrading of skill sets and knowledge of the process / procedures for the specified as well as related functions
To ensure that all enquiries / complaints / investigations are resolved within agreed turnaround times
To ensure a consistent contribution to improving Productivity in the Unit as well as controlling cost per transaction.
To ensure motivation and training of new / existing staff that would result in optimal performance
To initiate transfer of best practices to / from other processing Units
Processing and Decision making as per the Departmental Operating Instructions manual and within the Timeliness and accuracy standards specified.
Upholding the Values of the Group and Company at all times
Compliance with all applicable Rules/ Regulations and Company and Group Policies.
Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and Reporting all suspicious Transactions to the Line Manager
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages.