Team Member Fixed Income and Money Market

The role holder is primarily responsible for execution of Operations of Fixed income and Money Market Trades. Meeting end to end Unit deliverables and management expectations, in line with internal and external guidelines. Process improvements to bring more efficiency and mitigate risk and ensure adherence to regulations. Escalations to management for deviations, exceptions.

Strategic/ Managerial Responsibilities

 Ensure that high service quality is delivered to all Customers (External/Internal)

 Ensure comprehensive compliance with all regulatory and statutory requirements as relevant for various product and service

Core Responsibilities

Operations Management & Vendor Management

 Hands on experience of Processing of Fixed Income & Money Market Deals

 Thorough Knowledge of PD Business, CSGL & IPA processing

 Well versed with all prevalent RBI guidelines pertaining to FIMM Desk

 Knowledge of processing of auctions, OMO, special repo etc.

 Knowledge of NSLR Primary and Secondary market operations

 Well versed with SLR and CRR maintenance process

 Thorough with the accounting schema of all FIMM products

 Ensures that all transactions are processed as per agreed SLAs/approved procedures and guidelines

 Ensures nil operational losses/ revenue leakages.

 Accepts responsibility and accountability for execution of all operational processes.

 Ensures timely review & renewal that all process notes, flowcharts, checklist etc that is referred to by the unit

 Reports to the business head on any changes in the process followed or deviation from the standard process & if need be make relevant changes & obtain approvals

 Plans & conduct periodic meetings with stake holders & ensure corrective & preventive actions are in place based on the feedback

 Ensures tracking of open items related to the department and their logical closures

 Ensures proper due diligence of new products & processes

Audit & Compliance

 Ensure timely and accurate submission of audit data  Saving of daily records on share drive in a standard and logical manner

Risk and Internal Control Responsibilities

 Follows risk policy and processes to mitigate the operational, regulatory, financial, informational, reputational and audit risks as instructed by the departmental manager

 Executes the established internal control systems and compiles relevant information for departmental audits, as necessary.