A boutique, technology driven financial services with a special focus on Indian capital markets offering bespoke financial advisory to institutional investors is hiring for Ops - Institutional Broking .

The Corporate provides specialty prime brokerage, execution, structured products, custody and clearing services to hedge funds, broker-dealers, wealth managers, family offices

and professional traders.

Location - Mahakali Caves , Andheri

Mandatory to Have

1. Degree holder (or in progress) in finance, accounting, or other related field

2. Worked in Institutional Operations department in a stock broking firm

3. Hand on experience in the software system used for broking such as LD/Comptek/TCS

Key Responsibilities:

1. Broking Operations

a. Create and update client master in broking system and on exchange platforms.

b. Coordinate with the trading and risk team for terminal mapping and segment activation

c. Daily contracting, billing & margin reporting

d. Coordinate with custodian, clearing member, banks and fund manager for trade settlement and payin & payout of securities.

e. Maintain records of all broking related accounting entry

f. Operations related compliance reporting such as weekly holding statement upload, client funds and securities upload

g. Continually evaluate new technologies or application introduced by the exchange & implement those which have a business impact or can help drive the company’s business

h. Understand all broking related process & operation, break them down to identify defects & optimize the same increase efficiency.

2. Implementation of Exchange Circulars

a. Understanding of the circulars released by the Exchange.

b. Coordinating with the teams to implement the same.

c. Keeping track of all the deadlines related to the said circular.

3. Technology implementation

a. Interacting with the vendors, communicating business needs, cost analysis & implementation of

the same.

b. Brain storming sessions with the top management to understand the business needs and user functionality of the application.

c. Quality /UAT Testing – Functional analysis of the UAT Defects & recommend solutions/ provide inputs for defects resolution.

4. Internal / Regulatory Audit

a. Independently coordinate with auditors and compliance team to manage the various audits.

b. Coordinate with all the necessary teams to fetch the required data for the audit and provide the same to the auditor.

c. Carefully read & understand all the audit points and make sure no incorrect information is being reported to the exchange.

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