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IndiaINX - Assistant General Manager - Business Operations

2 months ago


Gandhinagar, India India International Exchange IFSC Limited Full time

Job Title: Assistant General Manager


Job Category: Permanent


Department/Group: Business Operations


Location: GIFT IFSC, GIFT City, Gandhinagar


Education Requirement: Bachelors degree in finance, Business Administration, Computer Science, or related field; advanced degree (e.g., MBA/MCA) Minimum 8 year of experience in handling operations of financial institutions or related field with at least 3 year in leadership role in an Exchange or a Financial institutions


Job Description:


Roles & Responsibilities:


- Lead and manage the operations team responsible for managing the exchange operations 22 hours including Beginning of Day (BOD) and End of Day (EOD) activities


- Develop and implement operational procedures, workflows, and policies to ensure efficient operations and compliance with regulatory requirements; BSE - INTERNAL


- Build and lead a high-performing operations and development team, fostering a culture of collaboration, innovation, and continuous improvement.


- Monitoring timely preparation & communication of circulars issued by the exchange related to change in contracts, new commodities, and changes in the system


- Provide mentorship, guidance, and professional development opportunities to team members to enhance their skills and capabilities


- Collaborate synergistically with cross-functional teams, including trading, compliance, risk management and technology to streamline the process, optimize systems and amplify operational prowess.


- Implement robust risk management processes and controls to mitigate operational, financial, and cybersecurity risks


- Monitor trading activities and market conditions to identify and respond to potential risks promptly.


- Drive the development roadmap for the exchange platform, prioritizing features and enhancements based on market trends, user feedback, and business priorities.


- Collaborate with the technology team to design and implement new functionalities, upgrades, and integrations to improve the platform's competitiveness and attractiveness to users.


- Stay abreast of technological advancements and market developments to proactively propose and implement innovative


- In-depth knowledge in operations management within a financial exchange or trading environment, with a strong understanding of exchange operations, trading systems, and financial markets.


- Exhibit profound understanding of international markets along with Indian securities market, rules & regulations related to securities including futures and options.


Skills:


- Strong Leadership and Management Skills


- Having a strong knowledge of Python, SQL and other machine learning languages.


- Excellent communication and interpersonal skills, with the ability to interact effectively with internal teams, external stakeholders, and regulatory authorities.


- Strong analytical and problem-solving skills, with the ability to make data-driven decisions and drive initiatives forward.


- Ability to interpret and apply complex regulatory requirements


- Strong Analytical and Problem-Solving Ability


- Ability to work under pressure and handle multiple priorities.


- Collaborative and team-oriented approach.

(ref:iimjobs.com)