Broking Operations Executive - Mumbai, India - iFAST Financial India

Description

• Price Upload: Uploading Bhav copy stock prices of underlying Securities & NAV updation
• Looking after daily process of risk management team i.e. Trade modification, review of limits given, price rigging, scrip violations, trade matching, circular trading, etc.
• Reporting periodic information including MIS on suspicious transaction to Seniors Management to mitigate risks
• Preparation & Submission of Half Yearly & Yearly Exchange and SEBI audit data related to Surveillance
• Opening Trading account for Individuals, Corporate, Institutions, and HUF
• Updating Unique Client Code (UCC) to Exchanges NSE / BSE
• Preparing GST report, Stamp Duty report of NSE,BSE from back office software
• Processing of Pay in & Pay out of securities for NSE/BSE
• Early Payin of shares to the Exchanges, NSE/BSE
• Early Payin of Funds to the Exchanges, NSE/BSE
• Attending branch queries and client queries related to Pay in or Pay out of shares, Client holding, etc.
• Stock Reconciliation of the stock held for debit purpose on monthly basis
• Dividend Reconciliation of the stock held during the record date for debit purpose and for collateral on monthly basis
• Maintaining records and Updating POA Agreement for Auto Pay in facility
• Quarterly Retention of Securities
• Weekly reporting to exchanges, Client Detail Asset with stockbroker, under enhanced supervision along with compliance officer
• Monthly reporting to exchanges, client funds and securities balances as on last day of the month, under enhanced supervision along with compliance officer
• Risk Based Supervision, halfyearly basis along with compliance officer
• Trading Member Holding, quarterly basis
• Reporting Quarterly Compliance Certificate along with Compliance officer
• Reporting Client Funding to Exchanges on Monthly basis
• Verifications of DIS such as Delivery Out, Account Transfer, Inter Depository, Intersettlements, CM Pool Transfer
• Entering DIS such as Delivery Instructions for Market Trades, Off Market, Inter Depository, Intersettlement. CM-Pool A/C Transfer
• Processing Trade File for daily transactions

• Skilled in MS Excel, Outlook and Word
• Understanding of stock broking operations and above average skills in reconciliation and settlement activity
• Graduate Degree in Commerce
• Passionate, driven and result oriented
• Minimum 1 to 3 years of prior work experience in stock broking operations
• Proficient in written English and communication skills
• Good analytical and interpersonal skills