Analyst/Associate – Global Banking Technology & Institutional Operations

HiPotz(An Enterprise of HiPos Consulting); Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A financial services firm in Mumbai seeks an experienced candidate to manage middle/back office operations for listed derivatives and Cash Equity products. The role requires a strong understanding of the Indian capital market and regulatory framework, along with a minimum of 5 years experience in the field. The successful applicant will interact with clients, ensure compliance, and improve operational efficiencies.

Qualifications

• Minimum 5 years of experience working in the Indian Market.
• Strong understanding of Indian capital market, Clearing House, Custody, and SEBI regulations.
• Good command of written and spoken English.

Responsibilities

• Support all middle/back office operational activities for listed derivatives and Cash Equity.
• Ensure compliance with internal and external guidelines.
• Manage client queries and perform trade processing.

Skills

Client servicing skills

Knowledge of brokerage operations

Communication skills

Knowledge of treasury and accounting

Proactive mindset

Education

Post Graduation

Tools

MS Office (Excel, Word, PowerPoint)

Bancs

Job description

Job Summary / Job Purpose:

To be responsible for supporting all middle/back office operational activities in Mumbai office for listed derivatives & Cash Equity products.

Main Responsibilities / Accountabilities / Tasks

Operational Excellence:

• Sound understanding of Indian capital market, Clearing House, Custody, Depository & SEBI regulatory framework.
• Role entails KYC/KRA, responding to client’s process related queries, trade processing, contracting, sending STP to custodians, bank reconciliations, and any other related activities for Cash Equity & Derivative markets.
• Perform operational activities. Perform EOD related activities & proactively escalate if any issues encountered. Ensure strict adherence to internal and external process guidelines.
• Would also be required to liaise with Exchange for circulars, regulatory reporting etc. Work with custody, settlement, Client fund management, etc.
• Work closely with Compliance to ensure legal, regulatory and audit requirements are complied with.
• Timely processing of financial transactions via various Banking portals.
• Interfaces with regional team on all operations related matters
• Monitoring of Risk indicators (margin, position limit & Ban scripts) back of client trading activities.

Client and Relational Excellence:

• Maintain and establish good relationship with Business line (MARK), Regional Management, Clients, Vendors. Collaborate to deliver noticeable result.
• Manage escalations with a sense of client centricity & commitment. Demonstrate responsibility, trustworthy & agility.
• Participate in projects, NPC’s & new client onboarding initiatives

People and Culture:

• Participate in team meetings/White board. Instill team work culture towards achieving goals at a team level. Demonstrate SG core values: Team Spirit, Innovation, Responsibility & commitment with client centric approach as a core element.

Digital Innovation:

• Think innovatively on the BAU area assigned to come up with process improvement ideas.
• Help team manager in various efficiency initiatives.

Profile required

• Academic Background (degree and major) – Post Graduation
• Relevant Working Experience in number of years – Minimum 5 years of experience working for Indian Market

Skills and Competencies Required

• Candidate from broking experience with independent client servicing skills preferred (Preferred)
• Working knowledge of industry related systems including Bancs is desired (Preferred)
• Working knowledge and understanding in brokerage operations and local regulations of NSE and BSE including KYC matters
• Product knowledge on financial futures and options products and other investment vehicles is essential
• Proactive, self-motivated and team player mentality (with hands-on approach);
• Effective verbal & written communication and presentation skills.
• Need to have knowledge & to manage treasury & accounting activities on daily basis

Team Spirit:

• Ability to build synergy within and outside of the team
• To have a collective and an open mindset
• To be able to listen actively & share information within the team & with other teams as well
• Ability to deal with conflicts proactively & in a positive mode

Innovation:

• Ability to think out of the box & have a solution driven attitude
• Ability to propose new ideas & thoughts
• Ability to adopt new technologies in the solution & projects
• Ability to simplify things, promoting simplicity over complexity

Responsibility:

• Ability to express ones conviction & act with courage
• Ability to make decision within the scope of one’s responsibility
• Having a risk mindset
• Striving for high performance

Commitment:

• Inspire others by communicating a clear vision and strategy
• Embody the Group’s values
• Listen and demonstrate emotional intelligence to engage others

Language Skills – Good command over written and spoken English is essential

Computer Skill – Proficiency in MS Office applications such as Excel, Word, Power Point, etc.