Job Description
Roles and Responsibility
Strategy
• The job holder must ensure he/she is fully aware of all the laid down controls, procedures and regulatory requirements and achieve established targeted standards of productivity and client services
• Ensure that all the client reporting requirements, response to client queries are performed within the time frames specified to achieve client satisfaction.
• Endeavour to reduce the turnaround time.
• Keep the Manager advised of the regular operations and escalate exceptional occurrences, to enable appropriate action.
• Reports day to day activities to Manager with specific mention of high volumes, problems & exceptions from the normal.
Business
• Monitoring of transactions to be reported to tax consultants.
• Interaction with the Client(s) Tax Consultants, for all relevant tax matters.
• Routine Tax consultant reporting.
• GST compliance.
• Generating Invoices for recovery of fees from Custody clients.
Processes
• Ensuring the timely and accurate processing and reporting of following transactions / activities: -
• Generate accurate invoices for recovery.
• Prepare and send invoices to clients as per agreed time frames.
• MIS reporting
• Provide the inputs as required by TC with respect to capital gains computation, on the purchase and sale trades executed by Client(s) and obtaining all approvals required for sale proceeds repatriation.
• Respond to the client queries within 24 hrs of receipt.
• Procedures laid down in DOI are adequately followed.
• To review procedures and identify process improvements and implement changes as and where required.
• To raise awareness on KYC/Anti - ML.
People and Talent
• Cross Training in activities of other sub sections of the Billing and Taxation team.
Risk Management
• To suggest process changes if local conditions warrant making the processes stronger.
• To ensure that proper risk classification is done at the time of approving transactions.
• To report any transaction where funds appear to originate from suspected illegal sources.
• To report any transactions that appears to originate from Sanctioned countries or parties.
• To complete review of all relevant reports.
• To raise awareness on KYC/ML.
• To report any suspicious transactions immediately as per laid down procedures.
Governance
• Ensure that all procedures laid down in the Departmental Operating Instructions and the Key Control Standards laid down by GCS are adequately followed.
• Completion of all Mandatory Risk & Training and related Compliance activities by the set deadlines.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
Key Stakeholders
Internal Sections of Securities Services
• Tax Consultant
• Tax Payment Bank
Other Responsibilities
• To perform any job or task resulting from any exigencies as well as those which may be assigned by Manager.
• Extensive participation in the CSS testing for key changes in Taxation modules
• Work towards making process simplified (automation/process re-engineering) to reduce the time or build better controls.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the [country / business unit / function/ [team] to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
Our Ideal Candidate
• Graduate / Post Graduate Degree
Role Specific Technical Competencies
• Experience in Securities Services - Banking operations for at least 5 to 10 years Advanced
• Direct interaction with clients with respect to inward and outward remittances Core
About Standard Chartered
Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge, and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we cant wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, youll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial, and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual, and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role youve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
Strategy
• The job holder must ensure he/she is fully aware of all the laid down controls, procedures and regulatory requirements and achieve established targeted standards of productivity and client services
• Ensure that all the client reporting requirements, response to client queries are performed within the time frames specified to achieve client satisfaction.
• Endeavour to reduce the turnaround time.
• Keep the Manager advised of the regular operations and escalate exceptional occurrences, to enable appropriate action.
• Reports day to day activities to Manager with specific mention of high volumes, problems & exceptions from the normal.
Business
• Monitoring of transactions to be reported to tax consultants.
• Interaction with the Client(s) Tax Consultants, for all relevant tax matters.
• Routine Tax consultant reporting.
• GST compliance.
• Generating Invoices for recovery of fees from Custody clients.
Processes
• Ensuring the timely and accurate processing and reporting of following transactions / activities: -
• Generate accurate invoices for recovery.
• Prepare and send invoices to clients as per agreed time frames.
• MIS reporting
• Provide the inputs as required by TC with respect to capital gains computation, on the purchase and sale trades executed by Client(s) and obtaining all approvals required for sale proceeds repatriation.
• Respond to the client queries within 24 hrs of receipt.
• Procedures laid down in DOI are adequately followed.
• To review procedures and identify process improvements and implement changes as and where required.
• To raise awareness on KYC/Anti - ML.
People and Talent
• Cross Training in activities of other sub sections of the Billing and Taxation team.
Risk Management
• To suggest process changes if local conditions warrant making the processes stronger.
• To ensure that proper risk classification is done at the time of approving transactions.
• To report any transaction where funds appear to originate from suspected illegal sources.
• To report any transactions that appears to originate from Sanctioned countries or parties.
• To complete review of all relevant reports.
• To raise awareness on KYC/ML.
• To report any suspicious transactions immediately as per laid down procedures.
Governance
• Ensure that all procedures laid down in the Departmental Operating Instructions and the Key Control Standards laid down by GCS are adequately followed.
• Completion of all Mandatory Risk & Training and related Compliance activities by the set deadlines.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
Key Stakeholders
Internal Sections of Securities Services
• Tax Consultant
• Tax Payment Bank
Other Responsibilities
• To perform any job or task resulting from any exigencies as well as those which may be assigned by Manager.
• Extensive participation in the CSS testing for key changes in Taxation modules
• Work towards making process simplified (automation/process re-engineering) to reduce the time or build better controls.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the [country / business unit / function/ [team] to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
Our Ideal Candidate
• Graduate / Post Graduate Degree
Role Specific Technical Competencies
• Experience in Securities Services - Banking operations for at least 5 to 10 years Advanced
• Direct interaction with clients with respect to inward and outward remittances Core
About Standard Chartered
Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge, and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we cant wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, youll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial, and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual, and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role youve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Manager Corporate Action position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
