Central Depository Co of Pakistan Ltd Jobs Senior Officer
Central Depository Co of Pakistan Ltd Jobs Senior Officer
Central Depository Company of Pakistan Limited is looking for talented professionals for its Trustee & Custodial Services Department having following particulars:
Department: Trustee & Custodial Services
Job Title: Senior Officer
Nature of Position: Permanent
No. of Positions: Multiple
Experience: Two years or above experience in Asset Management Companies or Treasury Operations of any Company would be an additive advantage. Candidates having 3 years of experience in Operations / Finance in other sectors are also encouraged to apply.
Qualification: Masters in Business Administration (Finance & Accounting) or equivalent, ACCA/ICMA Qualified (Preferred)/ Finalist with only one to two papers remaining.
Job Responsibilities:
The incumbent will be responsible for leading a team (desk) comprised of three staff looking after day-to-day operations of assigned desk and assist respective Head of the Section in Trustee & Custodial Operations. In every Section, Settlement (equity and money market), Unit Management, Payments, Bank Operations including bank reconciliations, withholding tax and other related settlement related services are being provided to assign Asset Management Companies having different types of Mutual Funds and Discretionary Portfolio Clients. Major responsibilities includes but not limited to the following:
· Responsible to ensure and monitor daily and monthly compliance of the assigned Funds as required under Constitutive Documents, SECP Directives/Circulars, VPS Rules and NBFC Regulations
· Reconciliation and monitoring of the investments portfolio of the assigned Funds
· Analyze and forward non-compliances to Section Head for reporting to SECP.
· Review and assist in Bank Reconciliations, transfer of funds, account opening, closing and all matters related to banking Operations.
· Responsible for processing unit holder’s transactions including Sale of Units, Redemptions and Conversions.
· Responsible to reconcile unit holders accounts and resolve any discrepancies.
· Responsible for all allowable payment processing of assigned Funds such as tax payments, brokerage, sales load and the payments of other expenses.
· Responsible for end to end execution with verification of Equity and Money Market Settlements.
· Assist in performing review of Annual and Half yearly financial statements of the assigned Funds.
· Collaborate with other teams and departments to streamline processes and improve overall efficiency.
· Liaising with Banks, AMCs, Investment advisors, Registrars, Brokers, Clients etc. for day to day operations of assigned clients.
Eligible and interested candidates can send their resumes by mentioning the position (Senior Officer– Trustee & CS) in subject line at [email protected] latest by May 24, 2024.
