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 utilizationEnsure adequate margin availability at exchanges for trading members and clearing membersAllocate trades and manage pre-settlement processesCoordinate with clients, custodians, exchanges, and overseas desksSend trade confirmations to clientsManage trade settlement and accounting processesPrepare and deliver Management Information System (MIS) reportsRespond to regulator and client-related queriesHandle exchange reporting and security settlements

Required qualifications, capabilities, and skills:

At least Bachelor's Degree in Business, Commerce, Finance, or related disciplinesAt least 5 years of experience with strong knowledge in Cash Equity products for India marketGood accounting knowledgeStrong communication skillsAbility to handle pressure and high volumesHigh levels of discipline and concentrationProficiency in Microsoft Word, Excel, and AccessAbility to work in a deadline-driven environmentStrong 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 processesUnderstanding of operational risk managementAbility to manage client and regulator interactions effectivelyExperience in Management Information System (MIS) reporting and data analysisKnowledge of exchange reporting and security settlements