Head - Operations - Broking

Role: Head of Operations - Broking

CTC: Up to 60 LPA

Location: Mumbai

A leading Global Wealth Management Group is seeking an experienced Head of Operations to lead and manage end-to-end Broking & Wealth Operations. The role will be responsible for operational excellence, trade settlements, regulatory compliance, audit governance, process automation, and team leadership across Capital Markets and Wealth Management operations.

Key Responsibilities:

- Lead end-to-end Broking, Wealth Management, PMS, Mutual Fund and Capital Market Operations.

- Oversee Equity, Currency Derivatives, IPO, Bonds, NCDs, Fixed Deposits, SGB and NRI Settlement Operations.

- Manage trade processing, settlements, reporting, accounting and reconciliations across HNI, NRI and Corporate segments.

- Drive operational excellence through process automation, digitization and continuous improvement initiatives.

- Ensure regulatory compliance and audit readiness for internal, exchange, depository and regulatory audits.

- Liaise with Exchanges, Depositories, Custodians, Auditors and Regulatory Bodies.

- Lead vendor management, system enhancements, UAT testing and back-office platform migrations.

- Strengthen risk management frameworks, governance controls and operational efficiency.

- Build, mentor and lead high-performing operations teams while driving stakeholder engagement.

Candidate Profile:

- 15+ years of experience in Broking, Capital Markets, Wealth Management or Securities Operations.

- Strong expertise in Trade Settlements, DP Operations, PMS, Mutual Funds and Wealth Operations.

- Proven experience in managing large operations teams and driving transformation initiatives.

- Strong understanding of SEBI, Exchange, Depository and Regulatory Compliance frameworks.

- Experience handling internal, regulatory and exchange audits.

- Knowledge of trading back-office platforms, DP systems and operational controls.

- NISM VII (Securities Operations & Risk Management) is mandatory.

- NISM VI (Depository Operations) will be an added advantage.

- MBA / Commerce Graduate preferred.