Senior Associate-Trade Process Operations
3 Months ago • 3-5 Years
Operations
Job Description
The candidate will be responsible for ensuring the accurate and timely processing of trade transactions, from execution to settlement. This role involves close collaboration with Clearing Corporation, Exchanges, and internal teams to maintain operational efficiency and mitigate risks. Key responsibilities include downloading Exchange files, processing them in Backoffice, matching Exchange level obligations and corporate actions, verifying reports, and emailing them to clients. The role also involves monitoring trade processes, resolving trade-related issues and exceptions promptly, performing daily reconciliation of FO positions, trades, levies, and brokerages, generating and reviewing reports, identifying and escalating potential risks, and ensuring adherence to regulatory requirements. Additionally, the candidate will suggest and implement process enhancements and collaborate with technology teams to automate manual processes.
Good To Have:
- Experience in a Stock Broking Firm
- Equities, Futures/Options, or Currency Derivatives segments experience
Must Have:
- Bachelor's degree in Commerce
- 3-5 years of experience in trade operations
- Proficiency in Microsoft Excel
- Analytical and problem-solving abilities
- Good communication and interpersonal skills
- Ability to work under pressure and meet deadlines
Trade Process Operations – Senior Associate / Junior Manager
Location: Mumbai
Department: Operations – Trade Process (EQ/FO/CD segments)
Role Overview
The Trade Process candidate will be responsible for ensuring the accurate and
timely processing of trade transactions, from execution to settlement. This role
involves close collaboration with Clearing Corporation, Exchanges and internal
teams to maintain operational efficiency and mitigate risks.
Key Responsibilities
Trade Process:
o Downloading Exchange files and processing the same in Backoffice.
o Matching of Exchange level obligations, Corporate actions
o Verification of reports and emailing to clients i.e. Contract notes/Daily
Margin Statements/Margin shortfalls etc.
o Monitor trade process, ensuring all activities are completed within
stipulated timelines.
o Address and resolve trade related issues, fails, and other exceptions
promptly.
o Perform daily reconciliation of FO positions, Trades, levies, brokerages
etc.
o Generate and review reports related to trade activity and exceptions.
o Identify and escalate potential risks or compliance issues.
o Ensure adherence to regulatory requirements and internal controls.
Process Improvement:
o Suggest and implement process enhancements to improve efficiency
and reduce operational risks.
o Collaborate with technology teams to automate manual processes
where feasible.
Qualifications & Skills
Education:
o Bachelor's degree in Commerce
Experience:
o 3–5 years of experience in trade operations in a Stock Broking Firm
Technical Skills:
o Proficiency in Microsoft Excel is advantageous.
Soft Skills:
o Analytical and problem-solving abilities.
o Good communication and interpersonal skills.
o Ability to work under pressure and meet tight deadlines.
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