Jr Associate

2 days ago


Mumbai, India Haachi Full time

**Jr Associate - Market Operations, Clearing **&** Settlement**:
From 2 to 5 year(s) of experience

₹ Not Disclosed by Recruiter
- Mumbai

**Roles and Responsibilities**

**About our Client**
- Our Client is hiring a Clearing Associate for our Mumbai office.
- Our client brings a scientific approach to trading financial products. They have built one of the world's most sophisticated computing environments for research and development. Their researchers are at the forefront of innovation in the world of algorithmic trading.

**About the role**
- The person who takes on this exciting role will be tasked with assisting in all aspects of the clearing and settlement responsibilities of the firm, gaining exposure to the fast-paced world of electronic trading alongside exceptionally talented people from all aspects of the business.
- This will be a challenging role with a wide scope and would suit a highly motivated individual with a solid understanding of clearing and settlement within a trading environment.

**Responsibilities**
- Monitor the daily processing of trades and pay-in and pay-out of funds
- Monitor the pay-in and pay-out of funds and securities at the expiry of the contracts
- Oversee correspondence with statutory agencies
- Draft and update standard operating procedures
- Generate system improvement requirements to comply with regulatory and market requirements
- Understand new regulatory changes/requirements and effectively communicate relevant information to internal stakeholders
- Coordinate new regulatory changes with the clearing vendor and implement them in the current system
- Handle all requirements and queries related to regulatory audits, inspections, and internal closures of bank & account books

**Education**
- Bachelor’s degree

**Experience**
- 2+ years of relevant experience in NSE-BSE equity and equity derivatives market

**Knowledge & Skills**
- Commodity market knowledge will be an added advantage
- Basic knowledge of MS Excel, Visual Basic, and MS - SQL
- Knowledge of accountancy and bookkeeping
- Well-versed in audit and compliance procedures
- Thorough understanding of banking platforms, depository operations, and transaction processing
- Good interpersonal skills with demonstrated abilities in networking
- Ability to maintain focus and multitask
- Good communication, analytical, and numerical skills
- Role:_Other
- Salary:_ Not Disclosed by Recruiter
- Industry:_Financial Services
- Functional Area:_Other
- Role Category:_Other
- Employment Type:_Full Time, Permanent
- Key Skills
- Electronic Tradingclearing and settlementAlgorithmic TradingMarket Operations

Education
- UG:_Any Graduate

**Company Profile**:
Global Algorithmic Trading

Our client brings a scientific approach to trading financial products. They have built one of the world's most sophisticated computing environments for research and development. Their researchers are at the forefront of innovation in the world of algorithmic trading.

Company Info
- Contact Company:_Global Algorithmic Trading


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