Posted By
Posted in
Banking & Finance
Job Code
1363894
Area of Operation/Key Responsibility:
- Official will coordinate and control all operations for clearing and settlement of Government Securities (Outright, market repo and Tri party Repo, USD-INR investments, Collateral and funds management including funds and securities Lines of credit)
- Coordinate and control all operations for Trading Platforms (Tri party Repo),
- Develop capabilities to handle clearing and settlement of new instruments including enhancements on existing systems
- Develop capabilities to handle systems for investments and settlements
- Develop capabilities to handle collateral related activities
- Interact with the Regulators for necessary approvals and for reporting
- Interact with member banks and respond to all queries
- Handle documentation and correspondence particularly LOC agreements / renewals
- Build/maintain relationships with members, regulators, etc.
- Coordinate with other departments where necessary
Functional Competencies:
- Full knowledge of all secondary market G-Sec/Money Market trading and settlement (including Forex and Rupee derivatives), operations and accounting, regulations, etc.
- Should understand the Outright, repo and tri party repo concepts, and be able to take independent charge of the development of the trading platform.
- Working knowledge of the regulatory issues affecting the securities market
- Full acquaintance of RBI Notifications / Circulars; Good knowledge of Information Technology and Information Security
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Posted By
Posted in
Banking & Finance
Job Code
1363894