Securities Custody & Settlement Manager

Below is the JD:This Mexican prospect wants to offer custody service to their (retail) clients (that's a couple of hundreds rather than millions of customers); ie sitting between themand the Mexican CSD, INDEVAL.They don ́t really have much experience in this space, therefore expect us to guide them in the setup/implementation processRationale and ScopeThe service will be provided in accordance with the applicable regulations (CNBV, Banxico and Indeval), covering:Custody of national and international securities (via SIC).
DVP/FP settlement.Corporate Event Management and Rights.Information and statements.Reconciliations and exception handling.Compliance RequirementsCompliance with the Single Circular of Brokerage Firms and historical guidelines of custody on behalf of third parties.Observance of the Indeval Operating Manual for deposit, custody, administration and corporate events.Alignment with Banxico's provisions and circulars related to settlement, DVP and related operations ...