The posting
JOB DESCRIPTION
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Basic Information
Position Title
Product Team, Asset Services
Grade/Level
Department
Asset Service
Location
Mumbai
Business
Asset Services
Number of Units in Business
Edelweiss Asset Services
We are a one-stop shop that meets the evolving needs of asset managers and brokers/trading members by offering an integrated suite of services across asset classes. From Fund Setup Advisory, Securities Custody, Derivatives Clearing, Fund Accounting, Financing, Distribution, Research & Execution Services to Compliance Support and Value-Added Services, we offer a plug and play model that meets every business requirement.
We build trusted, long-term relationships with our clients by providing objective and strategic advice, as well as operational support to help them address their investment needs.
Our clientele includes Foreign Portfolio Investors (FPIs), Mutual funds, Alternate Investment Funds, Portfolio Management Services, Domestic Brokers, Corporate Treasuries and High Net-worth Individuals (HNIs).
Job Purpose
The candidate will be a part of the Product Team acting as a Product Manager for Custody, Clearing and Fund offering to offshore investors and asset managers.
Key Responsibilities
Functional Responsibilities
Being accountable and responsible of launching new products and managing existing - preparing offer documents, presentations, notes and diligence
Work with custody and clearing ops for FPI clients and DDP for client diligence
Build processes and work on developing systems in custody and clearing space
Tracking competition and making recommendations. Analysing global trends on custody, wealth management and asset management.
Keeping abreast with securities, fund and marketing regulations of Asia, EU and US.
Job Requirements
Qualifications
Graduate/ Post Graduate
Experience
Functional Competencies
Strong strategic thinking and influencing skills
Excellent verbal, written communication and presentation skills
Possess good Risk, Control and Quality Assurance Awareness
Excellent communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external stakeholders
Understanding of Indian and global financial markets
Good understanding of Indian Custody and Clearing space
Close attention to detail and ability to work to very high standards
Working across multiple business areas and/or functions to deliver results
Behavioral Competencies
Results driven individual with a proven track record
Ability to work independently and multitask in a fast paced environment
Problem solving, think outside the box and decision-making skills based upon fact and business/industry knowledge
Key Interactions
Internal
Nature or purpose of interaction
Product, Business and Sales Teams
To plan, drive and help execute existing and new products and strategies
Client Servicing Team
To gather feedback and implement necessary changes
Operations
Process improvement and implementation
Various internal functions – Risk, Compliance, F&A, Tax
New product implementation and product improvements
External
Nature or purpose of interaction
External Stakeholders
Engage with industry bodies, consultants, exchanges, regulators, etc. to drive thought leadership and garner market intelligence
Clients
Engage with clients along with the Sales Team to explain the offerings in more technical details, primarily institutional segment
The role will essentially require touching base with all stakeholders both internal and external.
