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Head of Operations Full-time Job

1 year ago NBFC Mumbai   182 views
Job Details

Job description

Roles and Responsibilities

Responsible for overall functioning and supervision of the Operations Department (Settlements of Equity, Derivative and Currency Segment, Trade Processing, Mutual Fund Exchange and Distribution, IPO, Bond, NCD, FD and OFS)

Supervise Trade and Securities Settlement processes viz Trade process, Contract Notes, Margin Statement, Securities Pay-in & Payout, Early Pay-in, Auction Billing, Corporate action processing, Reconciliations, DP Charges. Ensure error free processing & controls.

Supervising day to day Funds processing like Bank Reconciliation, Funds Receipts & Payouts, Delayed Payment Charges, DP Charges, Monthly closure etc. Supervise Mutual Funds & DP processes, its review and controls. MF Trade process, SIP Surveillance process, NACH process etc. DP EOD, BOD, DIS processing, Closure processing etc

Leading process improvement and automation, guide team on UAT, set new process as per business requirement. Processes to be automated to ensure better customer experience and less customer queries.

Ensure that process are followed and implemented within compliance framework and data is made available for various audits & inspections as required. All regulatory reportings to be done as per defined timelines.

Supervise team, Guiding and training as and when required. To boost the team morale for better efficiency and high productivity.

Company Description
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra, India. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.
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