Job Description
Sampath Bank: Assistant Manager – Custody (Front Office)
Sampath Bank is currently seeking qualified candidates for the Assistant Manager – Custody (Front Office) vacancy.
Role Summary
The Assistant Manager for Front Office Custody oversees the efficient and punctual delivery of comprehensive custody services, spanning from new client integration and corporate events to trade settlements and billing management. This position serves as the primary liaison connecting customers, asset managers, external trade partners, and regulatory bodies.
Key Responsibilities
- Oversee the preliminary setup for new clients, including the creation of Bank and CBSL CDS accounts.
- Maintain active communication with regulatory authorities, investment managers, and market counterparties.
- Supervise the daily verification of trades and ensure the final settlement of CDS debt and equity.
- Manage the documentation and financial execution for Rights Issues and Mandatory Offers.
- Assist with the transfer of securities through the CDS and the gathering of applicable service fees.
- Authorize technical operations within the primary custody software, such as security/client registration, updating market prices, and closing daily cycles.
Other Competencies Required
- Possession of a University Degree, Diploma, or a recognized professional certification in Finance, Banking, or a related field.
- A preference for candidates with at least 02 years of professional background in Asset Management or Custody functions.
- Solid understanding of SWIFT messaging, capital market mechanics, and clearing procedures.
- High level of skill in custody-specific software and Microsoft Excel.
- Capability to perform effectively in high-stress environments while preserving the privacy of client data.
Application Details
- Closing Date: Submit your digital application no later than February 20th, 2026.
- Online Portal: www.sampath.lk
Job Data Table
| Category | Details |
| Company Name | Sampath Bank |
| Location | Colombo (Head Office context) |
| Locality | Colombo |
| Country | Sri Lanka |
| City | Colombo |
| Region | Western Province |
| Job Type | Full Time |
| Salaries | Competitive (based on banking standards) |
| Experience Level | Minimum 02 years preferred |
| Travel | Not specified / Primarily office-based |
| Language | English (implied for professional banking) |
| Benefits | Professional banking environment, career growth in capital markets |
Skills & Competency Table
| Skill | Proficiency Level |
| Capital Market Operations | Advanced |
| SWIFT & Settlement Processes | Advanced |
| Custody Core Systems | Expert |
| MS Excel | Advanced |
| Client Onboarding (CDS/CBSL) | Intermediate |
| Corporate Actions Management | Intermediate |
Job Summary
This Assistant Manager role focuses on front-office custody operations at Sampath Bank. The position entails managing the full client lifecycle—from onboarding and regulatory coordination to daily trade settlements and corporate actions. It requires technical expertise in SWIFT and capital markets to ensure accurate execution within a high-pressure banking environment.
FAQs
What is the primary focus of this role?
The role focuses on end-to-end custody operations, including client onboarding, trade settlements, and coordinating with market regulators.
What educational background is required?
A degree, diploma, or professional qualification in Banking, Finance, or a related field is necessary.
Is previous experience in custody mandatory?
While a minimum of two years in Custody or Asset Management is preferred, it is listed as a primary competency.
What technical tools should the candidate be familiar with?
The candidate should be proficient in MS Excel, SWIFT, and specialized custody core systems.
When is the final date to apply?
The application deadline is February 20th, 2026.
Expert Analysis
The Custody Assistant Manager is a specialized middle-office/front-office hybrid role that is critical for institutional banking. Success requires a meticulous eye for detail regarding CBSL and CDS regulations. For a professional at Sampath Bank, this position offers high exposure to the mechanics of the Sri Lankan capital market and investment cycles.
Location & Logistics Guide
Located in the financial heart of Sri Lanka, this Colombo-based role sits at the center of the nation’s banking infrastructure. The position requires close proximity to the Central Bank and Colombo Stock Exchange-related entities. The urban setting provides excellent connectivity for professional networking with fund managers and regulatory counterparts.
https://en.wikipedia.org/wiki/Colombo
Career Path
An Assistant Manager in Custody can advance to Manager or Senior Manager levels within the Securities Services or Wealth Management divisions. This specialized experience in capital markets and settlement infrastructure also prepares individuals for senior roles in Treasury Operations, Risk Management, or Compliance within the domestic or international banking sector.
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