Operations Manager

4 days ago

Noida, Uttar Pradesh, India Nivesh Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Key Responsibilities

Transaction Data Management


• Supervise acquisition, validation, and systematic management of client investment transactions from multiple product providers (AMCs, insurers, banks, etc.).


• Oversee reconciliation of transaction feeds with internal systems and resolve exceptions.


• Drive automation for transaction processing, ensuring scalability and minimal manual intervention.

Brokerage Rate Structure Management


• Maintain database of brokerage rates and incentives to be received from Product providers.


• Analyze increase / decrease in rate structures and provide inputs to the Product team.


• Participate in creation a smart payout rate structure balancing profitability with market competitiveness.


• Track rates being offered by competitors and generate analysis.

Brokerage Receipt & Reconciliation


• Lead monthly/quarterly reconciliation of brokerage/commission receipts from all manufacturers, ensuring alignment with business generated.


• Analyze variances in brokerage received vs. expected and initiate corrective actions with product partners.


• Escalate internally in case of delays in reconciliations.

Brokerage Payout Administration


• Structure and monitor brokerage payout processes according to agreed slabs/networks, including multi-tier distribution networks.


• Ensure accurate calculation and compliance with TDS, GST, and other statutory deductions prior to payout.


• Oversee timely disbursement of brokerage to all network partners; address disputes and resolve escalations.

MIS: Analysis & Insights


• Drive analysis of data and generate meaningful insights for continuous improvement.


• Track revenue and margins at various levels – B2B / B2C, RM, Partner, etc and drive continuous increase in margins.

Qualifications


• Graduate/Postgraduate in Finance, Commerce or related field.


• 5+ years of experience in transaction operations, finance, or back-office roles in BFSI/financial products distribution, with exposure to mutual fund and insurance operations.


• Proven track record of leading teams and process improvement projects.


• Familiarity with brokerage calculation systems, advanced Excel, and MIS reporting.


• Demonstrated analytical, negotiation, and stakeholder management skills.

Key Skills


• Transaction data management and reconciliation


• Brokerage payout administration (multi-product & multi-layered networks)


• Financial reporting & variance analysis


• Process automation and project management


• Leadership and team management


• Proficiency in Excel and relevant financial software

This role is ideal for professionals seeking responsibility for critical operations supporting a large financial distribution business and offers a pathway to senior leadership in operations, finance, or partner management.

Advantages of Working with Nivesh


• Working with a digital-first award-winning investment platform.


• An excellent working environment and ownership of the functional area.


• High growth opportunities for performer.

Location & Benefits


• Location: Noida


• We promise a professional working environment with ample fun factor


• ESOPs will be granted after one year of service.

More About Nivesh:

● Company Two Pager

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● LinkedIn -

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