Authoriser- Custody & DP

Role & responsibilities

Job Responsibilities(JR) :

• Processing of Corporate Actions (Equity & Debt)
• Monitoring of Cash Forecast Interest & Redemption Receipts
• Verification and authorization of PUT/CALL Notices
• Reconciliation of Cash / Non Cash benefits received in bank & demat accounts towards dividend / bonus etc.
• Monitoring of Funds received in Bank Account thru RTGS /NEFT / Fund Transfer mode based on the cash forecast.
• Verification and authorization of Primary Market & Mutual Fund Applications prior confirming to Issuers / Companies / RTAs
• Authorization of Masters (instrument codes / client codes / mappings etc)
• Verification / Authorization of primary market allotments and other corporate action credits monetary as well as non monetary.
• Follow-up for the pending corporate action receivables
• Reporting to Clients
• Checking for the accuracy in the deliverables and adhering to specified deadlines.
• Fund Settlement for equity / debt and derivatives transactions including fund transfers / RTGS / NEFT
• Authorisation of Funds Payin entry in both the exchanges to fulfill the payin obligation & T + 3 payout entries within specified deadlines.
• Authorization of Client Codes in Billing Module
• Authorization of banking entries viz fund transfers / NEFT / RTGS (1st level), GEFU uploads.
• Updation and maintaining the data required for Capital Market Exposure ( CME) and reporting to CAD.
• Verification and authorization of DVP Purchase and Sale trades.
• Verification of Obligation Report and Transfer Sheets before sending to clients.
• Authorization of vault deposit and withdrawal entries in vault module,  conducting physical verification of Securities at regular intervals, monitoring the EOD activities
• Checking of Sufficient Balance in NRI Cases and Passing the same
• Reconciliation of Settlement Account
• Vault Activities for Monitoring for Movement of Physical Certificate.
• Verification of Monthly Bills generated for transaction and safe custody charges.
• Verification and authorization of Brokerage payable in Cash & F &O(NSE) and Debt segment.
• Authorization of NSCCL & ICCL debt transactions which includes Fund Transfers & RTGS initiation.
• Authorization of Mark to Market settlement funding for F&O Settlement and CASH Margin funding to exchange provided by client
• Monitoring the Inward remittance of NRI Clients, coordinating with the Treasury for rate & follow up with Trade finance team at CPU for crediting the proceeds.
• For Outward remittance, verify the documents received from the client, taking the rate from Treasury and forwarding the set of documents to trade finance team. Track the outward remittance of the same
• Interactions with Liabilities CPU A/c opening team for FD booking related issues, TDS team for TDS certificates co-ordination for both Institutional / NRI clients, Fort branch Clearing team and the remittances team for RBI reporting related info.
• Processing of Equity securities transactions as per Exchange Settlement cycle and Delivery Versus Payment (DVP) basis
• Reconciliation of trades downloaded through STP process and information provided by Clients.
• Matching of transactions and trade confirmation to Exchanges / Clearing Corporations
• Identifying mismatch transaction and informing clients and brokers for rectification
• Generating DP instructions and digitally signing the same.
• Conducting Payin and Payout of Securities and reconciliation of Exchange Demat Pool Accounts.
• Reconciliation of Exchange obligation and Back Office System obligation before releasing to clients
• Verification of regulatory reports for NRIs/ MF / FPIs.
• Liasioning with brokers for DVP trade settlement and receiving the stock or instructing Fund Settlement Unit for release of payment.

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• Processing of Debt securities & Interscheme Transactions as per exchange settlement cycle
• Login to Exchange portal like CBRICS / ESETTLE for verification of Debt transactions reported by our clients and instructions received for settlement
• Informing Client Relations desk for non receipt of instructions reported on the exchange portal
• Authorization of Debt Trade (both purchase and sale) instructions in Custody Back Office System.
• Follow-up with Corporate Actions Unit for code creation in case of new securities.
• Generate DP instructions for sale and purchase transactions at various intervals.
• Reconcile beneficiary pool account and ensure all securities are transferred to respective client account.
• Follow-up with Client Relations desk for pending transactions.
• Follow up with IPA Agents / Custodians / Issuers for IPA Annexure / Term sheets / Issuer Documents for Securities whose settlement has been done, however details not available in our master
• Execute the Global Settlement for trades for Debt instructions after necessary system checks are undertaken.
• Liaise with Depository Transaction unit for processing of DP instructions.
• Reporting of Collateral Valuation of brokers to Clearing Corporations post processing of pledging and de-pledging instructions received from members and clearing corporations.
• Scanning / Verification of exchange circulars
• Authorize files uploaded like exchange wise / clearing corporation wise VAR margin / Price File in Back office system
• Conduct authorization of Pledge Creation, Closure & Unilateral Closure instruction
• Reconcile valuation files generated from system with DPM Pledge Data / Price Files / Haircut files before uploading to Exchange portals.
• Conduct authorization of FDR Renewal, Confirmation & Rebooking. Also send lien removal email to Liability CPUs upon receipt of released instruction from Clearing Corporations.
• Follow-up with the margin brokers for outstanding charges
• Obtaining confirmation from Other Banks towards the Fixed Deposits issued and placed with the exchanges
• Processing of F&O Transactions and Blocking & Unblocking of securities for day light limits for Mutual Funds
• Liaise with FIG team and CAD team for limits sanctioned by Credit and Market Risk
• Get the limit details updated in Custody System
• Submit report to CAD & FIG department on daily (twice in a day) basis for the blocking of securities done in the system
• Authorize the physical pledge instructions for clients whose securities are marked under pledge with the LAS Unit
• Confirm F&O Deals to exchange.
• Authorize the New client mapping in F&O Segment.
• Reconcile of Client F&O Trade instructions with Exchange download trades.
• Verify position / margin limit report of the client.
• Verify the F & O RMS computation before confirmation of Trades.
• Verify the FDR & documents prepared for submission to Exchange for F&O Margin.
• Authorize the system entries for FDR enter for F&O Clients.
• Report shortfall of margins to Clients
• Process EOD reports received from Exchanges and provide reverse confirmation of margins provided by our clients
• Ensure timely and error free processing.
• Processing and authorization of Fund Accounting Transactions
• Authorization and verification of all transactions leading to accurate computation of the Net Asset Value for each scheme of the Client.
• Valuation of Securities - To ensure that valuations are done as per the SEBI Guidelines.  Post confirmation from the client the same will be taken for Computation of NAV for the day.
• Preparation and verification of NAV in excel for schemes with variable pricing.
• Preparation of Broker Turnover, year to month and year to date across all schemes for deals done.
• Preparation of NAV Dissemination Files, for upload to AMFI and RTA and email to the news papers for printing
• Preparation of Bank Statements reports, Maturity files, Coupon Receipt files, Refund and TDS files in the required up loadable format.
• Consolidated report for the days inflows and outflow across all schemes.
• Daily interaction with all the portfolio managers to discuss the credits / debits and purchases made by them to enable accurate reporting.
• Monthly reconciliations Holding and CRISIL reports
• Uploading of NAV on AMFI portal post approval from auditors