Monarch Networth Capital - Senior Manager - Senior Manager - Institutional Equity Operations

Senior Manager - Institutional Equity Operations - Goregaon

Institutional Equities - Back Office Operations

- We are seeking a seasoned and well-experienced Institutional Equities Back Office Specialist to manage and oversee the operational aspects of our Institutional clientele for their Cash and Futures & Options segments.

- The ideal candidate will ensure smooth trade processing, compliance adherence, client coordination, and system management to support the firm's trading activities.

Location: Goregaon, Mumbai

Key Responsibilities:

Trade Operations and Settlement:

- Execute and oversee the trade process for Institutional clientele - cash and F&O transactions. Independently manage daily intraday and end-of-day files for the institutional clients.

- Ensure accurate and timely settlement of trades by coordinating with clients and clearing custodians.

Client Management; Compliance and Regulatory Adherence:

- Handle client registration, empanelment, and KYC compliance. Maintain and update client master setups in the system.

- Address and resolve client queries related to exchanges, compliance, and account discrepancies.

- Manage CP code updates, OTR file submissions, and 6A/7A file requirements.

- Address compliance-related inquiries and ensure adherence to exchange regulations

System Testing and Implementation; co-ordination and support:

- Participate in system development by testing and implementing updates to enhance back-office functionality.

- Work closely with clients, custodians, and exchanges for hand delivery trades (if any) and settlement processes. Ensure timely receipt of funds and stock for all transactions.

Reporting and Documentation; Reconciliation and Record Maintenance:

- Generate and analyze daily, weekly, and monthly reports in both - Cash & F&O segment.

- Process contract notes accurately and in a timely manner.

- Cultivate various reports for management and regulatory purposes as needed.

- Maintain and reconcile client accounts to ensure accuracy and resolve discrepancies.

- Monitor outstanding brokerage and ensure timely follow-up for margin and fund settlements

- Bachelor's degree / MBA (preferably) in Finance.

- Proven experience in back-office operations, preferably within Institutional Equities.

- Strong knowledge of regulatory compliance, KYC processes, and trade settlements.

- Proficiency in handling systems for trade uploads (e.g., NSE/BSE platforms).

- Exceptional analytical, organizational, and communication skills.

- Experience in handling client queries and ensuring exceptional client service.

- Advanced proficiency in MS Excel and reporting tools.

- Ability to independently manage tasks and adhere to tight deadlines