Assistant Manager| Tax and Billing

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 3 days ago

Job Description

Assistant Manager, Tax and Billing-()

Job
:Operations

Primary Location
:Asia-India-Mumbai

Schedule
:Full-time

Employee Status
:Permanent

Posting Date
:22/Feb/2026, 11:36:40 AM

Unposting Date
:Ongoing

Roles and Responsibility
To assist section head in ensuring processing of all transaction with accuracy and timely manner.
• Ensure that all trade instructions received by the Bank are monitored and recorded in the system in line with the operating procedures.
• Any exceptions with respect to incomplete instruction viz. client signatures, trade details, cash limits etc have to be identified and due follow-up for resolution is done.
• FPl / Mutual Fund clients Investment / ETF investments in cash market segment are processed as per agreed deadline.
• Ensure that all Clearing House Trades are confirmed and settled within the stipulated deadlines
• To revert to all the queries received from the client's/regulators.
• Complete Projects assigned by Line Manager within deadline

Strategy
• To successfully perform activities related to Equities Settlement and execution of client instructions and reporting to clients.
• To ensure to respond to all the queries received from the Client's/ Regulators.
• Analysing and raising system change request for new client requirements.
• Working on any special process improvements / adhoc projects assigned by Line Manager.
• Efficient management of the process improvements and project implementation.

Business
• Provides best in service to support to address client's queries and issues
• Ensures all the information transactions are processed as per the agreed deadline.
• Ensures all the instructions are processed well with in the market deadline.
• Ensures all the procedures laid down in the Departmental Operating Instructions and the Key Control Standards are adequately followed.

Processes
• Receiving Contract Notes(CN) from the brokers and Mutual Funds through STP route and check the validity under controlled manner as prescribed in the DOI.
• To adhere to the settlement cycles of the Clearing House and ensure that the client(s) purchase / sale trades are settled on the respective settlement dates
• Ensure that the inter-scheme instructions received from clients are recorded and settled as per the laid down procedures. Ensure that all system updates are completed in a timely fashion to enable timely settlement of such trades.
• Ensure that client settlement advises for the respective clients are sent as per agreed client requirements. SWIFT advises sent to client carry the appropriate references and details as per the actual trade settled in the market.
• Keep the immediate Manager advised of the regular operations as well as report extraordinary occurrences so as to enable taking of appropriate action.

People and Talent
• Cross Training in activities of other sub – sections of the Equity Settlements & Trade Support.

Risk Management
• To process and ensure all trade instruction received from the clients of the Bank are processed and settled in line with the laid down procedures in the DOI.
• Assist Line Manager in handling processing exceptions of the unit in controlled manner to ensure efficient functioning of the Unit.
• Assisting in units audit by co-ordinating requirement of internal or external auditors.
• Ensure that the sectional archival, new requirement testing and documentation, exception tracking MIS, etc is done on at good frequency intervals.

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
• Clearing house
• Depository Participants
• Governance team
• Product & Compliance
• Regulators (RBI / SEBI)

Other Responsibilities
• To Perform any job or task resulting from any emergencies as well as those which may be assigned by manager.
• Extensive participation in the systems enhancement UAT of the unit.
• Work towards making process simplified to reduce the time or built better control.
• Give support for cross training and manage high volumes.

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
• Direct interaction with clients with respect to inward and outward remittances

Competencies
• Managerial and Interpersonal skills.
• Very good interpersonal & communication skills
• Good knowledge of banking operations in terms of clearing, cash transfers, regulations and cash settlement processes.
• Detailed knowledge of the Stock Exchange Bye Laws (NSE & BSE), as well as Stock Exchange Guidelines for handling the arbitration/reporting etc...
• Detailed knowledge of the Capital Market operations viz. Trade Support & Equity Settlements.
• Very good knowledge of the regulations for the Foreign Institutional Investors issued by RBI and SEBI
• Detailed understanding of NSDL DPM, CDSL& NDS systems.

Experience
• Work experience with a Custodian Bank/PCM/Exchange for +-10 years at the Operational Understanding of the relevant RBI / SEBI regulations, with respect to Foreign Institutional Investors.
• Detailed knowledge of the Stock Exchange Bye Laws (NSE and BSE) and Clearing Corporation Bye laws, Rules and Regulations

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've 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 you're 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 can't 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, you'll 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 you've 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

💡 Quick Summary

Seeking a career-building opportunity? The Assistant Manager| Tax and Billing 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.

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Job Details

Company Name: Standard Chartered Bank

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The expected salary for Assistant Manager| Tax and Billing in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Assistant Manager| Tax and Billing is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Assistant Manager| Tax and Billing. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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