Cash Equity Broking Operations - Associate

Are you ready to be an integral part of a dynamic team in Equity Broking Operations? This role offers you the chance to collaborate with industry experts, manage trade settlements, and ensure operational excellence. Embrace the opportunity to grow your career in a fast-paced environment where your skills in communication, accounting, and risk management will be highly valued. Join us to make a significant impact and drive success in the world of equity broking.

As an Associate in the Equity Broking Operations team, you will be part of the India Broking operations, carrying out trade contracting and settlement functions. You will monitor operational risk management for position limits and margin utilization, ensuring adequate margin availability at exchanges. You will coordinate with clients, custodians, exchanges, and overseas desks, sending trade confirmations and managing trade settlements and accounting. Your role will involve MIS reporting, responding to regulator and client queries, and handling exchange and security settlements.

Job responsibilities:

• Monitor operational risk management for position limits and margin utilization
• Ensure adequate margin availability at exchanges for trading members and clearing members
• Allocate trades and manage pre-settlement processes
• Coordinate with clients, custodians, exchanges, and overseas desks
• Send trade confirmations to clients
• Manage trade settlement and accounting processes
• Prepare and deliver Management Information System (MIS) reports
• Respond to regulator and client-related queries
• Handle exchange reporting and security settlements

Required qualifications, capabilities, and skills:

• At least Bachelor's Degree in Business, Commerce, Finance, or related disciplines
• At least 5 years of experience with strong knowledge in Cash Equity products for India market
• Good accounting knowledge
• Strong communication skills
• Ability to handle pressure and high volumes
• High levels of discipline and concentration
• Proficiency in Microsoft Word, Excel, and Access
• Ability to work in a deadline-driven environment
• Strong team collaboration skills

Preferred qualifications, capabilities, and skills:

• Prior experience on handling Obligation Transfer Request (OTR) and Unique Client Code (UCC)
• Familiarity with trade settlement processes
• Understanding of operational risk management
• Ability to manage client and regulator interactions effectively
• Experience in Management Information System (MIS) reporting and data analysis
• Knowledge of exchange reporting and security settlements