Assistant Manager - Operations

Key Areas of Responsibilities
• Capital Market day-to-day BAU activities of BSE & NSE (India Exchanges) Margin management, trade enrichments, trade booking, confirmations to Clients and Custodians etc., timely with more accuracy
• Trade confirmations handling
• Assist in Trade support & Middle Office roles to Clients, CLSA Trading, Sales, business desk and Operations desk at various regions
• NSE NCMS and BSE RTRMS handling, FPI limit monitoring, UCC registration and OTR reporting
• STP reporting to Custodians and domestic clients at EOD
• Ownership of EOD reconciliations of Market vs Client and highlight breaks for necessary actions
• Ownership of performing EOD Reconciliations for trade confirmations details reported to Clients, Custodian and the Stock Exchange.
• Collateral management, position and margin monitoring for NSE F&O trades
• Check exchange/regulatory circulars on daily basis and highlight.
• Identify/track all new listing of exchange stocks and initiate update request
• Maintain and report list of regulatory limit stocks for Clients
• Maintain and report Non-Inst cash market clients margin positions (incase of cash collateral received)
• Comply all regulatory and internal control related processes
• Static data maintenance for booking accounts and stock
• Commission deviations reconciliations and reporting and approvals etc.
• Work on flexing time shift based on India market process requirements

Requirements
• Minimum Bachelors degree in any discipline
• Minimum 5-7 years of work experience in Institutional Broking Operations handling middle and back controls and reconciliations including Audit and compliance data support
• Having extensive working knowledge and experience of market pre-matching, reporting and settlement of trades for cash market and F&O
• Strong analytical knowledge and should be very good at numbers
• Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.
• Develop new and unique ways to improve operations of the organization and to create new opportunities.
• Work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.
• Proficiency of verbal and written communication, Excel and Word processing
• Application and Data base management
• Spreadsheets with formula, macro and pivot E-mail
• Internet outlook emails
• Usually work in an office environment but the purpose of immediate service to clients may sometimes work from home or non-standard work places