Assistant Vice President, Liabilities & Demat Operations Greater Mumbai, India Area

The Company is seeking an Assistant Vice President to oversee operational, regulatory, governance, and control requirements across liability products and Demat operations. Responsibilities include managing day-to-day operations and end-to-end Demat account processes, translating regulatory requirements into effective procedures and controls, and maintaining accurate documentation and governance records. The role will coordinate regulatory inquiries, audits, inspections, and cross-functional remediation, while monitoring exceptions and risks through to resolution. It will also provide management reporting, guide stakeholders on operational and regulatory matters, and drive sustainable process improvements. Applicants should hold a graduate or postgraduate qualification and have relevant banking or financial services experience, preferably in liabilities, banking operations, product management, or Demat operations. Strong knowledge of deposit products and applicable banking, securities, and depository regulations is required, along with experience in regulatory implementation, audits, inspections, operational risk, controls, and remediation. Candidates should be analytical, organized, and effective communicators who can work independently, manage competing priorities, and influence stakeholders. A valid NISM certification relevant to Demat responsibilities is mandatory; experience in a regulated banking environment and familiarity with AI-enabled tools are advantageous.

Hiring Company

HSBC