CUSTODIAN BANK

Description:

This training program is useful for participants who are interested in understanding the roles and responsibilities of Facility Agents and Escrow Agents in the operation of syndicated loans. In carrying out their duties, besides coordinating with Collateral Agents and Escrow Agents, Facility Agents also need to coordinate with Debtors, Creditors, Legal Consultants, Notaries, Insurance Companies, Auditors and so on, so that a thorough understanding of the Agent’s duties and responsibilities is a must.

Target Audience:

• Custodian employees who carry out agency function
• Credit employees related to operational of syndication loan

Objectives :

At the end of the training participants are expected to understand their functions and responsibilities as a Facility Agents include:

• Function of Facility Agent and its relation to Collateral Agents and Escrow Agents
• Understand how Facility Agents work in managing syndicated loan operations
• Understand the role of Facility Agencies in dealing with default conditions including     litigation to the structuring / rescheduling process.
• Understand the function of the Escrow Agents in managing funds including sending funds from/to Creditors / Debtors, provision for funds and so forth.

Description:

The complexity in syndicated loans depends on the value of the syndicated loan, the complexity of the credit structure, the number of debtors-creditors-security providers, types of collateral documents and fund management. As such, it is only natural that Agents must be equipped with a thorough knowledge of the above matters including those given adequate protection in carrying out its functions.

Target Audience:

• Custodian employees who carry out agency function
• Credit employees related to operational of syndication loan

Objectives:

At the end of the training participants are expected to understand:

• Agency functions and their types
• The role of agents in the pre-signing and post-signing stages
• Protection of agency functions including costs to be incurred in the future day.
• The functions and responsibilities of the Collateral Agents in managing guarantee    documents of  syndicated loans and their registration.

Description:

As part of the banking industry, the custody division is an important division because its significant role includes the safekeeping function of important and valuable financial instruments. With high demands on responsibility for the security of assets and securities under management, a good reputation is needed from the custodian business people. 

Target Audience:

• Custody Bank Executives
• Custody Bank Team Member
• Credit Officer/Relationship Manager
• Credit Administration Executive
• Compliance, Legal and Audit Executives

Objectives:

At the end of the training participants are expected to be able to:

• Understand Capital Market in general and its relation to the custody business.
• Understand the types and tasks of custody business locally and internationally.
• Understand various terms related to custody assignments.
• Understand the various stages of the transaction cycle and the tasks related to that cycle.
• Understand various things and ways to handle customer needs in relation to custody business such as Corporate Action, Fund Admin, taxation and others.

Description:

Fund Administration is the name given to a series of services provided by the Bank to support the running of a Funds. The forms of services provided are also quite diverse ranging from the calculation of NAV, reconciling daily and monthly statements, calculating and paying dividends, carrying out anti-money laundering provisions and many others. In view of the foregoing, it is very important that those involved in carrying out this process comprehensively understand the Fund Admin function. 

Target Audience:

• Junior Staff of the Custody Division.
• Work units related to the Custody Division such as the Legal Division, Compliance Division. 

Objectives:

At the end of the training participants are expected to be able to:

• Have a clear understanding of the roles and responsibilities of the Fund Admin
• Understand the various processes in carrying out Fund Admin functions such as the subscription process, the redemption process and others.
• Having the ability to assess and determine the NAV of a Fund
• Able to identify and manage sources of risk in Fund Servicing so that effective risk control can be carried out.
• Able to follow and adhere to related tax regulations and regulations.
• Have the confidence to deal with investment managers, fund sponsors, custodians, selling agents and investors related to the Fund Admin function

Description:

Client Service Custody (“CSC”) involves extensive contact with custodian business stakeholders, both local and international clients, and operational teams. CSC will act as the main point of contact for all client issues and questions. CSC works closely with the parties needed to ensure transaction settlement, safekeeping and corporate actions from the customer’s wealth / investment can be processed smoothly according to terms and regulations. It is important for CSCs to have knowledge of their roles and responsibilities, to have the ability to work under pressure and tight deadlines in high-volume environments

Target Audience:

• Custodian employees, especially Client Service
• Stakeholders relating to custodial products at the Bank

 Objectives:  

Participants are expected to have a basic knowledge of the duties and responsibilities as a Custody Client Service so they can:

• Develop and manage relationships with custody clients on an ongoing basis
• Strong technical and operational acumen to facilitate and identify product solutions based on client needs
• Supporting clients on an ongoing basis with the help of product development, escalation of problems and special projects (eg testing system development)
• Help sales force “to get opportunities by providing subject expertise and creative solutions for client needs

Description:

Custodian bank business continues to grow along with the development of capital market products and activities. Of course this has implications for the process of imposition, calculation and administration of taxes on custodian bank products. 

Target Audience:

This training is very useful for custodian bank employees to take part in, whether they handle taxation, product managers, operational managers, business managers. This training should also be attended by officers who handle banking taxation in general, internal auditors, risk managers and trainee / employee development program participants.

Objectives: 

After attending the training, participants are expected to be able to:

• Understand the basic concepts and terms of taxation.
• Understanding the implications and taxation of products: “core custody” (bonds, stocks and dividends, treasury bills and money markets) “fund-admin” (KIK Reksadana / Discretionary Funds)
• Understanding the duties of custodian banks
• Understand the taxation implications of custodian banks
• Understand the practice of tax calculation