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AB

WBO:CCMO-CM-PCM Operations Team

Axis Bank
🇮🇳 India
On-site
3 weeks ago
  • Equity
WBO:CCMO-CM-PCM Operations Team
INTERNAL USAGE:
No. of Vacancies: Reports to:Group Head-PCM & Clearing Banking
Is a Team leader?Y/NTeam Size: 
  
Grade:______
Business:WTODepartment:�CCMOSub-Department:CMO �PCM & Clearing Banking
Location:CO - Worli
About CCMO

Explain:

�        The function of the department �Custody and Capital Market Operations Handing of all related activities to Bank as a SEBI registered Custodian (CDSL & NSDL), Depository Participant (CDSL & NSDL), Professional Clearing Member (NSE/BSE etc.) , Clearing Bankers to NSE / BSE / Credit Operations for Broker Members , General Operations for Brokers , & Bankers to issuer.

�        Importance and contribution towards the organization � All operations are centralized and handled by CCMO at Fort Capital Market, NPC-I and NPC-II.

AbouttheRole


CMO under CCMO operates various activities , one of them being Professional Clearing Member Operations - Settlement� Broker Members and CPs

�        To handle collateral management and setting up of limits for brokers under PCM desk in time bound manner

�        To publish various daily reports to clients under PCM desk as per the statutory regulations

�        To adhere to various regulatory requirements applicable to Clearing Member business.

��������������������������������������������������������������

Key Responsibilities

 

�        Co-ordination with RMs, Exchanges and Broker Clients and CP Clients for smooth onboarding of Broker Members in PCM desk.

�        To handle collateral management and setting up of limits for brokers under PCM desk in time bound manner

�        To publish various daily reports to clients under PCM desk as per the statutory regulations

�        To get various undertakings / data with help of RMs so as to help in meeting various Exchange / clearing corporation regulations

�        To meet various timelines of Exchanges / clearing corporation in both FO and CD segment

�        To help Compliance Officer in meeting various Exchange / clearing Corporations related compliances

�        To maintain and publish various MIS for internal Consumption

�        Attending and resolving various Audit related �queries if any

�        Ensuring of collection of Clearing and Collateral Charges as applicable

�        To look into the system developments for meeting various internal and regulatory requirements

Qualifications

Optimal qualification for success on the job is:

�        Minimum qualification � Graduate / Post Graduate

�        NISM certification is must � SORM / Equity and Currency Modules��

�        Experience � Minimum 2- 5 Years

 

Role Proficiencies:

For successful execution of the job, a candidate should possess the following:

�        Knowledge

Knowledge of Capital Market Operations and preferably Clearing Member operations.

Knowledge of Exchange/Depositories/RBI compliance requirements is an added advantage

 

�        Skills

Good communication (both verbal & written) and inter-personal skills.

 

�        Abilities

����� �Ability to work effectively across functions

������ Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

������ Ability to prioritize and make/impalement decisions in a fast-paced environment

������ Ability to work as a part of team and contribute towards team goals

������ Ability to manage multiple tasks/projects and deadlines simultaneously

������

 

WBO:CCMO-CM-PCM Operations Team · Axis Bank

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