Univest - VP/SVP - Business - Stock Broking Vertical (10-20 yrs) - Gurgaon/Gurugram, India - iimjobs

Description

We are seeking a dynamic and experienced individual to join our team as Vice President/Senior Vice President of Business in the stock broking domain.

The ideal candidate will possess a deep understanding of front and back-office operations, regulatory compliance, business development, and IT infrastructure within the stock broking industry.

As a leader, you will drive strategic initiatives, ensure operational efficiency, and foster a culture of excellence within the organization.

• Oversee the implementation and optimization of Order Management System (OMS) and Risk Management System (RMS) to ensure seamless trading operations.
• Develop strategies to enhance trading efficiency, minimize risks, and improve execution quality.

• Lead the trade settlement process, ensuring timely and accurate settlement of trades while adhering to regulatory requirements.
• Implement robust reconciliation procedures to mitigate operational risks and discrepancies.

• Oversee the generation of comprehensive reports on trading activities, settlements, and portfolio performance for internal stakeholders and regulatory bodies.
• Analyze key performance indicators (KPIs) to identify trends, risks, and opportunities for business growth.

• Ensure strict adherence to regulations set forth by the Securities and Exchange Board of India (SEBI) and other relevant regulatory bodies.
• Implement policies and procedures to maintain compliance and mitigate regulatory risks.

• Manage all aspects of Depository Participant (DP) operations, including account opening, client servicing, and asset transfers.
• Ensure compliance with DP regulations and facilitate seamless interaction with depositories.

• Oversee Know Your Customer (KYC) procedures to verify client identities and assess potential risks.
• Implement robust KYC policies and ensure compliance with regulatory requirements.

• Lead strategic initiatives to expand the client base and increase market share in the stock broking industry.
• Identify new business opportunities, develop client relationships, and negotiate partnerships to drive revenue growth.

• Collaborate with IT teams to assess, implement, and maintain robust infrastructure and trading platforms.
• Ensure the reliability, scalability, and security of IT systems to support business operations.

• Provide leadership and guidance to support teams responsible for client servicing, operations, and technology.
• Foster a culture of excellence, teamwork, and continuous improvement within the organization.

• Bachelor's degree in Finance, Business Administration, or related field. MBA or equivalent preferred.
• Minimum of 10 years of experience in the stock broking industry, with at least 5 years in a leadership role.
• Indepth knowledge of front and backoffice operations, regulatory compliance, and IT infrastructure.
• Proven track record of driving business growth, managing client relationships, and leading crossfunctional teams.
• Strong analytical skills, attention to detail, and ability to thrive in a fastpaced environment.
• Excellent communication, negotiation, and leadership abilities.