Operation Analyst - Depository Operations

Job Description

Join us as an "Operation Analyst - Depository Operations" at Barclays, where you will work with the Wealth Operations team at Barclays Securities India Private Ltd (BSIPL), supporting the domestic wealth business.
Additionally, you will support efficiency initiatives and other ongoing projects while working closely with the business management team.

Purpose of role:  

• Working with the wealth operations team in Barclays Securities India Private Ltd (BSIPL) and supporting the domestic wealth business.

• Ensure all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards. Support efficiency and other ongoing projects; work closely with the business management team.

Key Accountabilities and Skills required:

• Ensure flawless operation of Depository Back office systems/NSDL systems/ KRA registration.

• Possess a thorough understanding of depository regulations, guidelines, SEBI KYC requirements and KRA guidelines across client segments. (Retail, HNI, NRI, Trust and FPI)

• Demonstrate clear understanding of the depository regulation and its operational guidelines.

• Graduate/MBA with 4 to 8 years of experience in depository operations from Banks/brokerage houses/leading DPs.

• Should be a good team player having good verbal and written communication.

• Maintains appropriate evidence and takes necessary steps required to support all operational attestations and internal policies.

• Complete all required regulatory certifications for the role.

• Sound knowledge and hands on experience in Depository operations including Account Opening, Billing, Demat, Remat, Settlement, client modification, transaction/SPEEDe settlement etc.

• Independently coordinate with internal/concurrent/regulatory auditors and to ensure satisfactory audit ratings. Work towards the service levels and TAT are met

• To roll out implementation of regulatory related circular and compliance processes.

• Enhance operational efficiency related to the operational areas by working closely with internal and external stake holders and IT team.

• Manage queries / escalations from Business , Issue resolutions and if required from clients on client reports

• Planned enhancements i.e. Drafting of Business Requirements Document and coordination with Technology team, Coordinate with project managers and testing resources, Supervise the testing carried out and also execute testing, if necessary

• Ensure that Service Level Agreements laid out are adhered to.

• Handle escalations effectively and work towards speedy resolution

Stakeholder management and leadership:

• Managing key stakeholders and their expectations.

• Ensuring healthy relationship with Regulators and external auditors.

• Consistently explore opportunities for efficiency in the processes we adopt and follow.

• Provide training and coaching to junior members of the team.

• Contribute to delta initiatives that Ops run - Design, develop and deliver efficiency tools

Decision making and problem solving:

• Effective problem solving skills with a deeper, broader and clear understanding, Commercial effectiveness and reasonably good industry connect which can help the role.

Risk and Control:

All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

Critical Skills and Qualifications will include:

• Knowledge of the securities market (Equity, Bonds & F&O) – transactions processing, reconciliations, corporate actions, billing, operational risk management

• Should be well versed with PMS, IA, AMFI, Depository Byelaws and SEBI regulations

• Excellent interpersonal skills

• Good analytical and communication skills

• Thorough knowledge of accounting principles and standards

• Educational degree of minimum Graduate level

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Job location is Mumbai.