Back Office Executive
1 week ago
**Job Summary**:
The Back Office Executive plays a crucial role in ensuring the seamless execution of day-to-day operations in the broking industry. This position requires accuracy, attention to detail, and knowledge of broking processes, including trade settlements, account management, and compliance adherence.
**Key Responsibilities**:
- **Transaction Processing**:
- Execute and verify trades, settlements, and fund transfers.
- Process client requests such as account openings, modifications, or closures.
- **Data Management**:
- Maintain accurate and up-to-date client records.
- Update internal systems with trade reports, contract notes, and compliance documentation.
- **Compliance and Reporting**:
- Ensure adherence to SEBI and other regulatory guidelines.
- Prepare and submit periodic reports to management and regulatory authorities.
- **Reconciliation**:
- Perform daily reconciliation of trades and client accounts.
- Resolve discrepancies related to trade settlements and client balances.
- **Client Support**:
- Address internal queries related to trades, statements, and other back-office processes.
- Coordinate with the front office and other departments for seamless operations.
- **System Operations**:
- Handle broking software for order placement, report generation, and data analysis.
- Troubleshoot issues related to back-office systems and escalate when required.
**Required Skills and Competencies**:
- Strong knowledge of stock market operations and financial instruments.
- Proficiency in back-office software like ODIN, NSE NOW, or similar platforms.
- Advanced MS Excel skills for data analysis and reporting.
- Excellent attention to detail and problem-solving abilities.
- Familiarity with SEBI and regulatory compliance requirements.
**Qualifications**:
- Bachelor’s degree in Commerce, Finance, or a related field.
- 1-3 years of experience in the broking or financial services industry.
Pay: ₹12,000.00 - ₹15,000.00 per month
Work Location: In person
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