:The Account Transitions Team in Private Bank Operations is responsible for supporting all asset transfers securities/cash internally and externally along with closure of the accounts in Private Banks. Managing all pre-execution risks - incorrect & delayed trade transfer, Market cutoffs and queue monitoring. Following up with custodian - WSS & DTC for unconfirmed, un-booked transfersJob SummaryAccurate verification and execution of all Trades, Cash and FX instructions received by internal partners within established service level agreements.Review, monitor and action against daily break, fail and control reports.Timely completion of cancellation and correction requests. Respond promptly and accurately requests & inquiries from the Front Office, Client Service, Custodian and external brokers.Follow up with the Custodian / Counterparty for the Failed Trades. To check Pre matched report and settled deals report. Following up with internal / external counterparty for unconfirmed trades. Coordinate with the cash management team and the Middle Office team. Regular review of various Business Matrix - KPI, Capacity Report, Error Logs, etc.Job Responsibilities:
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