About the role
Wholesale Banking Coverage Department focuses on the gamut of corporate products viz. Current Account, CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody & Capital Markets, IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy and Sales & solutions. Gujarat International Financial Tec-City (GIFT)
Capital Account Division is a niche segment focused on Foreign Investments (FI); Overseas Investments (OI) and External Commercial Borrowing (ECB).
AbouttheRoleBusiness strategy & planning for growth.
Evaluate the Market & Peers Product/Process offering and implementation of best suitable products for the customers.
Ensure Smooth Execution of Transactions/On-boarding.
Possess knowledge on FEMA; KYC/AML; SEBI (applicable); FDI Policy of GOI etc
Provide Solutions to the customers on Regulatory Guidelines.
Overall Business Development of Capital Account.
Product Commercialization – Planning & Execution.
Business Controle: Risk; Audit & Compliance.
Key ResponsibilitiesStrategy & Planning for growth
New Client/Fund acquisition
Meet revenue targets - Fee, CDAB & Fx
Organize roadshows in collaboration with Big4 / Internal subsidiaries / Tax Consultant.
Business Analysis & Management Reports Preparation
Mentoring team members.
Cross Sales of WBP/Bank’s other Products.
Qualifications- Any master’s degree with experience of 5+ years in Capital Account Business.
- Positive and collaborative attitude with good communication skills
- Thorough with FEMA regulations & policies related to Capital Account Transactions
- Ability to provide solutions to the clients
- Proactive in learning & self-development.