Stock Operations Executive - Gandhinagar, India - Kaapro Management Solutions
Description
Opening: 1 Nos- Job ID:
Employment Type:
Full Time- Reference:
Work Experience: 3.0 Year(s)
To 5.0 Year(s)- CTC Salary: 5.00 LPA TO 8.
00 LPA- Function: ITES / BPO / KPO / Customer Service / Operations- Industry: Banking/Financial Services- Location:
- Gandhinagar
Responsibilities:
We're looking for stock Operations who oversee the day-to-day operations of our company.
- Execution and Managing Funds Operations Team (Broking) for daily BAU activities, i.e.
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)
Trial Balance preparation and scrutiny
- Trade order management
- Corporate actions handling
- Communications with Exchange/Clients/Auditors/Interconnected Teams
- Process Optimization/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's members against budget and pre set performance measurement criteria
- Ensure that the appropriate personnel are in place to deliver the short and long terms goals set for the Brokerage Operations Team and provide direction, coaching, training
- Ensure that all CMA compliance requirements relating to KYC, Client money and AML are met at all times.
Specialized job competencies:
- Manage daytoday 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
- Max 5 yrs experience in stock industry with proven record of handling core stock ops
- Good working and implementation knowledge of the Brokerage systems involving e
- He will preferably have international work experience and must have exposure to Operations best practices in the investment banking industry.
- Good peoplemanager able to direct and motivate a large diverse team of professionals.
What does company bring to the table:
- Opportunity to do what your current firm may be hesitant to do.
- An informal and selfmanaged work culture.
- Freedom to experiment with new ideas and technologies.
- A highly motivating work environment where you learn exponentially and grow with the organization.
- An opportunity to create an impact at scale.
Key Skills:
- Operations
- Stock
- Mutual Fund
Company Profile:
Since 2000, Company has provided 300+ firms - from fintech start-ups to leading financial institutions - with the technology and brokerage services they need to create great retail investment experiences.
More jobs from Kaapro Management Solutions
-
Sales Officer
Raipur, India - 3 weeks ago
-
Job Inspector
Pune, India - 3 weeks ago
-
Sales Exective
Kolkata, West Bengal, India - 3 weeks ago
-
Steward
Bilaspur, India - 3 weeks ago
-
Shift Supervisor
Ankleshwar, India - 3 weeks ago
-
Customer Support Executive
Pune, India - 3 weeks ago