Stock Operation

Responsibilities:
We’re looking for Stock Operations to oversee the day-to-day operations of our company. The

Stock Operations will be responsible for ensuring that our operations run smoothly and efficiently.

They will also be responsible for assist developing and implementing strategies to improve our

operational efficiency.
- Execution and Managing Funds Operations Team (Broking) for daily BAU activities, i.e.
- Client & Exchange level Funds Payin/Payout
- Client’s Deposit and Withdrawals reconciliation on transaction level
- Client’s Allocation process on omnibus and direct carrying module
- Accounting of Entries
- Onboarding and client account support
- Exchange/Client level reporting, i.e.
- Enhanced Risk Based Supervision
- Client’s Cash and Cash Equivalent
- Bank level cash balance
- Client’s Segregation
- Client’s shortage allocation
- Client’s Margin reporting (EQ/FO)
- Banks and General Ledger Reconciliations
- Trial Balance preparation and scrutiny
- Trade order management
- handling and reconciliation
- Monitor trade exceptions and rejections
- Processing corporate actions, monitor upcoming events, collecting client elections and

liaising with custodians to resolve discrepancies.
- Performing trade, cash, position, and corporate actions reconciliations.
- Investigating and remediating breaks in a timely manner
- Review and document operations processes and procedures
- Verify and prepare payment instructions
- Participate in continuous improvement of business processes and procedures
- Participate in testing and implementation of projects, new business, and financial products.
- Escalate issues in a timely manner
- Prepare and distribute reports
- Corporate actions handling
- Communications with Exchange/Clients/Auditors/Inter-connected Teams
- Process Optimisation/Automation
- Preparation of Process SOPs/Checklists/Flows
- Submitting Audits/Inspections data requirements
- KYC management and compliance verification
- Futures and Options handling (margins/executions) and reporting
- Oversee the implementation of systems to measure the performance of the individual

team’smembers against budget and pre set performance measurement criteria (including

KPIs).
- Ensure that the appropriate personnel are in place to deliver the short and long terms

goalsset for the Brokerage Operations Team and provide direction, coaching, training and

motivation to these staff.
- Ensure that all CMA compliance requirements relating to KYC, Client money and AML are

met at all times.

Specialized job competencies:

- Manage day-to-day operations of all products and maintain effective organizational

relationships
- Skilled in handling Mutual funds, Equities, fixed income, etc.
- Lead the Operations team in the implementation of the new Brokerage systems.
- Lead the team in providing comprehensive operations support to the whole Brokerage

Division including portfolio creation, transfer and maintenance, ensuring that all

documentation is correctly prepared and filed, reconciliations, settlement of overdraft a/c

daily for local shares, processing expenditures and administration support.
- 4-5 yrs experience in stock industry with proven record of handling core stock ops,

placement, settlements, reconciliations, stock lending and corporate actions.
- Good working and implementation knowledge of the Brokerage systems involving e
- tradingand ideally experience in Mutual Fund share registry functions and fixed income

products (not mandatory but added advantage)
- He will preferably have international work experience and must have exposure to

Operationsbest practices in the investment banking industry.
- Good people-manager - able to direct and motivate a large diverse team of professionals.
- Bachelor’s degree in finance or related field

**Job Types**: Full-time, Permanent

Pay: ₹40,000.00 - ₹60,000.00 per month

**Benefits**:

- Flexible schedule
- Health insurance
- Leave encashment
- Life insurance
- Paid time off
- Provident Fund
- Work from home

Schedule:

- Monday to Friday
- Morning shift

Supplemental pay types:

- Performance bonus
- Yearly bonus

Work Location: In person