Investment Banking Leader required(Settlements, Securities)

Job description
Role & responsibilities

Functional Expertise:

•15-17 Years of experience with Strong understanding of Wealth management Operations

• Have experience of leading Global Wealth Management team of with strong expertise in running Brokerage and Fiduciary functions - broker dealer, Corporate Actions, Reconciliations, Account Opening / Maintenance / Closing, Asset Transfer, Cash Sweep, Account Conversion

• Good knowledge and working experience in equities & fixed income, money market, alternative investment, mutual fund, Insurance products for Global Markets

• Deep domain experience in managing Account Opening / Maintenance / Closing process within Brokerage and Fiduciary functions

• Sound understanding related to Customer on-boarding (customer account data and document maintenance) for Fiduciary and Brokerage,

• Sound understanding related to Collection, maintenance, reinvestment (i.e., sweeps) and disbursement of funds,

• Sound understanding related to Receipt and delivery of securities and funds, account transfers,
• Sound understanding related to Bank, custody, depository and firm account management and reconciliation,
• Sound understanding related to Settlement, fail control, buy-ins, segregation, possession and control,

• Sound understanding related to Trade confirmation and account statements,

• Sound understanding related to Margin,

• Sound understanding related to Stock loan/securities lending,

• Sound understanding related to Prime brokerage (services to other broker-dealers and financial institutions),

• Sound understanding related to financial control, including general ledger and treasury,

• Contributing to the process of preparing and filing financial regulatory reports,

• Defining and approving business security requirements and policies for information technology, including but not limited to systems and data, in connection with the covered functions,

• Defining and approving information entitlement policies in connection with the covered functions; and

• Posting entries to a member's books and records in connection with the covered functions to ensure integrity and compliance with the federal securities laws and regulations and FINRA rules.