Equity Dealer - Mumbai, India - KRChoksey

KRChoksey

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

We have great opportunity for the post of "
Equity Dealer" in our esteemed organization.

Designation:
Equity Dealer

Location:
Andheri (w)

Link Road
Mumbai

Total experience required: 3 -5 Years.

Qualification required:
Business, Education, Marketing, Finance, Technical, Business/Administration, Accounting, Management, Engineering, Economics

NOTE:
Certification of
NISM "XI" & "VIII" is mandatory for this post**
JOB DESCRIPTION

A dealer's primary responsibility is to facilitate the buying and selling of various financial instruments, such as stocks, bonds, derivatives, commodities, or foreign exchange, on behalf of clients or the brokerage firm they work for.

The job description of a dealer in broking typically includes the following:

Order Execution:

Dealers receive orders from clients, whether individual investors, institutional investors, or other traders, and execute those orders on the relevant exchange or trading platform.

They ensure that trades are executed accurately and in a timely manner, adhering to the client's instructions and market regulations.

Market Analysis:

Dealers closely monitor financial markets and analyse market trends, news, and economic indicators to provide valuable insights to clients and the brokerage firm.

They assess the potential impact of market events on the prices of various securities and make informed recommendations to clients regarding their investment decisions.

Risk Management:
actively manage the risks associated with trading activities.

They implement risk management strategies to protect the brokerage firm and its clients from potential losses, such as setting limits on trade sizes, monitoring exposure to certain securities or sectors, and implementing stop-loss orders.

Client Relationship Management:
Build and maintain strong relationships with clients, providing them with market updates, research reports, and investment advice. They address client queries, concerns, and complaints promptly and professionally, aiming to ensure client satisfaction and long-term business relationships.

Compliance and Regulations:
must adhere to all applicable financial regulations, exchange rules, and compliance policies.

They ensure that all trades are executed in accordance with regulatory requirements, maintain proper records of transactions, and report any suspicious activities or compliance breaches to the relevant authorities.

Technology and Trading Platforms:
must utilize advanced trading platforms and technology to execute trades efficiently.

They are proficient in using trading software, order management systems, and other tools to monitor markets, access real-time pricing information, and execute trades swiftly.

Collaboration:

Dealers often work closely with other departments within the firm, such as research analysts, compliance officers, and settlement teams.

They collaborate with these teams to ensure smooth trade execution, resolve issues, and enhance overall operational efficiency.

Overall, a dealer plays a critical role in facilitating trading activities, managing risks, and providing market insights to clients.

They require strong analytical skills, market knowledge, attention to detail, and the ability to make quick decisions in fast-paced environments.

Job Types:
Full-time, Regular / Permanent

Salary:
₹50, ₹80,000.00 per month

Schedule:

Day shift
Monday to Friday

Ability to commute/relocate:

Mumbai

, Maharashtra: Reliably commute or planning to relocate before starting work (required)

Experience:

- total work: 5 years (preferred)

Work Location:
One location

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