Job Description

Responsibilities:

We're looking for Stock Operations to oversee the day-to-day operations of our company. The

Stock Operations will be responsible for ensuring that our operations run smoothly and efficiently.

They will also be responsible for assist developing and implementing strategies to improve our

operational efficiency.


Execution and Managing Funds Operations Team (Broking) for daily BAU activities, i.e.


Client & Exchange level Funds Payin/Payout


Client's Deposit and Withdrawals reconciliation on transaction level


Client's Allocation process on omnibus and direct carrying module


Accounting of Entries


Onboarding and client account support


Exchange/Client level reporting, i.e.


Enhanced Risk Based Supervision


Client's Cash and Cash Equivalent


Bank level cash balance


Client's Segregation


Client's shortage allocation


Client's Margin reporting (EQ/FO)


Banks and General Ledger Reconciliations


Trial Balance preparation and scrutiny


Trade order management- handling and reconciliation


Monitor trade exceptions and rejections


Processing corporate actions, monitor upcoming events, collecting client elections and

liaising with custodians to resolve discrepancies.


Performing trade, cash, position, and corporate actions reconciliations.


Investigating and remediating breaks in a timely manner


Review and document operations processes and procedures


Verify and prepare payment instructions


Participate in continuous improvement of business processes and procedures


Participate in testing and implementation of projects, new business, and financial products.


Escalate issues in a timely manner


Prepare and distribute reports


Corporate actions handling


Communications with Exchange/Clients/Auditors/Inter-connected Teams


Process Optimisation/Automation


Preparation of Process SOPs/Checklists/Flows


Submitting Audits/Inspections data requirements


KYC management and compliance verification


Futures and Options handling (margins/executions) and reporting


Oversee the implementation of systems to measure the performance of the individual

team'smembers against budget and pre set performance measurement criteria (including

KPIs).


Ensure that the appropriate personnel are in place to deliver the short and long terms

goalsset for the Brokerage Operations Team and provide direction, coaching, training and

motivation to these staff.


Ensure that all CMA compliance requirements relating to KYC, Client money and AML are

met at all times.

Specialized job competencies:


Manage day-to-day operations of all products and maintain effective organizational

relationships


Skilled in handling Mutual funds, Equities, fixed income, etc.


Lead the Operations team in the implementation of the new Brokerage systems.


Lead the team in providing comprehensive operations support to the whole Brokerage

Division including portfolio creation, transfer and maintenance, ensuring that all

documentation is correctly prepared and filed, reconciliations, settlement of overdraft a/c

daily for local shares, processing expenditures and administration support.

Desired Candidate Profile:


4-5 yrs experience in stock industry with proven record of handling core stock ops,

placement, settlements, reconciliations, stock lending and corporate actions.


Good working and implementation knowledge of the Brokerage systems involving e-

tradingand ideally experience in Mutual Fund share registry functions and fixed income

products (not mandatory but added advantage)


He will preferably have international work experience and must have exposure to

Operationsbest practices in the investment banking industry.


Good people-manager - able to direct and motivate a large diverse team of professionals.


Bachelor's degree in finance or related field

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹60,000.00 per month

Benefits:

• Flexible schedule
• Health insurance
• Leave encashment
• Life insurance
• Paid time off
• Provident Fund
• Work from home

Schedule:

• Monday to Friday
• Morning shift

Supplemental pay types:

• Performance bonus
• Yearly bonus

Work Location: In person