Retail Broking

14 hours ago


Hyderabad, India Scema Management And Technology Consultants Full time

Job Description

Description

We are seeking a motivated and detail-oriented Equity Dealer to join our Retail Broking team. The ideal candidate will be responsible for executing trades, providing market insights, and managing client relationships in the fast-paced environment of equity trading.

To acquire Large trader clients, trade (buy, hold or sell) various equity, currency and commodity products on stock exchanges, disseminate the research calls to customers and sell/ advise for Broking, structured products as well as third party products e.g.. -Mutual Funds, Loans, Health insurance, Life Insurance etc. in order to generate business revenue & brokerage.

The Equity Advisor is primarily responsible for:

Acquiring Large Trader Clients with high margin

Execution of transactions in Equities (Cash and Derivatives) Currency & Commodities

Ensuring efficient and prompt management of orders based on customer request

Generating leads Selling/ advising third party products like Health Insurance, SIPs, Life Insurance, Mutual funds

Day to day coordination with RMS, Activation Team, Surveillance and various other departments for smooth functioning of branch.

Day to day approvals w.r.t to limits, commercials Shifting offline customers to online.

The major challenges for this profile include:

Acquiring Larger Trader Clients amidst competitive markets

Managing accurate order executions in volatile market conditions

Changes in regulation is one of the biggest challenges with the regulator going strict on funding, margins etc

Encouraging them to transact and activating clients Encouraging the clients to transact to buy other ABC products.

Changing the mindset of the Offline trader clients to adopt ONLINE platforms and then start transacting seamlessly.

The critical skill sets required to meet these challenges are strong understanding of equity markets, basic understanding of options and derivatives, meticulousness, pro-activeness, ability to work under pressure and superior communication skills. Comfort with OMNESYS, ODIN, NEAT, BOLT is highly preferable. NISM VIII Series certification in Capital Markets / Derivatives is mandatory as per Exchange regulations.


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