UST announced job vacancy for the post of Jr Analyst – Custodian Onboarding. The place of posting will be at Chennai. Candidates who have completed Bachelor’s Degree with 1 – 2 years’ experience within an onboarding or custodian account opening team are eligible to apply. More details about qualifications, job description and roles & responsibilities are as follows
Company Overview
| Name of the Company | UST |
| Required Qualifications | Graduate |
| Skills | Strong organizational abilities are needed |
| Category | Operation |
| Work Type | Onsite |
UST is looking for Team Leader; you will play a critical role in delivering a robust control environment and supporting Investment Teams to ensure effective pre- and post-trade mandate restriction monitoring all within challenging deadlines. You will provide subject matter expertise, particularly in the oversight and delivery of complex queries and tasks, and handling ad-hoc requests. They are looking for someone who likes working as part of a team, is comfortable with a fast-paced operations environment and has a strong attention to detail.
Job Details
Θ Positions: Jr Analyst – Custodian Onboarding
Θ Job Location: Chennai
Θ Salary: As per company standards
Θ Job Type: Full Time
Θ Requisition ID: 65505
Roles and Responsibilities:
- Completion of custodian opening documentation
- Managing of custodian standing instructions for repatriation of non-base currencies
- Updating and maintenance of Standing Settlement instructions in DTCC
- Opening of custody markets for clients and Client funds including complex documented markets Setup of third-party accounts on our platform to facilitate CFD and Loan accounts
- Maintenance of broker related macros to facilitate trade settlement
- Monitoring of India trading accounts and completion of FPI license renewals Perform checks on behalf of investment to check market account validity prior to trading
- Setup of Wall Street Office to facilitate Loan trading
- Setup of Triana to facilitate CFD trading
- Support projects to implement Global Custodian Direct with existing and new custodians
- Escalate issues immediately to the Team Leader
Required Skills & Qualifications:
- 1 – 2 years’ experience within an onboarding or custodian account opening team
- A good understanding of trade operations and settlements would be advantageous
- Experience of managing SSI’s within DTCC
- A good understanding of SWIFT
- Managing a high volume of varied tasks efficiently and meeting internal and external deadlines. High level of accuracy and attention to detail.
- Commitment to delivering a high-quality onboarding and offboarding experience for their client’s Previous experience working within an Asset Management firm or similar.
- Strong organizational abilities are needed to manage multiple events simultaneously, prioritizing tasks and maintaining a smooth and efficient workflow.
- A motivated, committed and enthusiastic person who thrives working in a close team environment
- The ability to identify issues and develop solutions quickly and effectively is important for addressing any challenges that may arise during the onboarding process.
- The ability to analyses data and workflows to help improve processes and enhance the efficiency of the onboarding experience.
- A proactive learner that is quick at picking up new processes
- Can work on own initiative whilst ensuring the team manager is aware of what you are delivering
- A resilient team member who is good at building relationships
- A good understanding of risks associated to the onboarding of Derivative products Clients Behaviors
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