AVP - Trade Processing Lead - Broking - Back Office

About the Company:

- One of India's largest full-service stock broking firms catering to retail and institutional investors across all segments of the capital market.

- Through a tie-up with partner brokers, the company also provides direct access to the US markets. Supported by a strong research team, robust digital trading platform, large branch network & franchisee base, and referral coordinators spread across Kona Kona of India.

- The company's offerings include stock broking through the branch and Internet, Investments in IPO, Equity & Derivatives, Mutual funds and Portfolio management service.

- In addition, the company distributes a range of financial products, including company fixed deposits, mutual funds, initial public offerings, secondary debt, equity, and small savings schemes. Further, it provides Internet broking services and depository services.

Location: Goregaon, Mumbai

Detailed Responsibilities:

1. Should have in-depth knowledge of day-to-day processing of the below: -

- Trade Processing for Cash, F&O, Currency and Commodity segments.

- Daily Contract Note & Margin Statement Processing

- Daily EOD & RMS processing and verification of data after RMS process.

- Daily Margin Reporting to exchange and understanding of its calculation, weekly regulatory reporting's of Monitoring of client assets, Holding reporting, Cash and Cash equivalent.

- Other securities processes like Pay-in, Payout, Auctions, Holding, Margin pledge etc.

- Complete knowledge of corporate actions processing and its impact of daily process.

2. Handling of timely responses to customer service team for customer queries

3. Implementing regulatory changes

4. Defining processes for new activities/projects/products and implementing them

5. Responsible for quality assurance and process compliance across products, activities and functions within the Operations team

6. Manage interface with control groups like Finance & Accounts, Compliance, Depository and Settlement sections

7. Should be good at in Excel and aptitude to learn & improve the processes.