Manager, Operations

CITIC CLSA; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

CITIC CLSA Mumbai is seeking an experienced institutional broking operations professional to lead BAU trade support, risk controls, regulatory reporting, settlements, and MIS. You will oversee middle and back office functions across NSE and BSE segments, ensuring accuracy and timely delivery.

The role requires 15-20 years in institutional broking, strong regulatory knowledge, and ability to drive process improvements.

Qualifications

• Minimum 15-20 years of experience in institutional broking operations with middle/back controls.
• Graduate degree required; experience in audit/compliance data support desirable.
• Strong understanding of trade support, regulatory compliance, and trade settlement.
• Excellent numerical ability and communication skills.

Responsibilities

• Lead and manage BAU trade support, enrichments, booking, reporting and reconciliations for NSE/BSE.
• Own day-to-day regulatory reporting, risk management, and compliance activities.
• Maintain SOPs, risk policies, and UAT/production support coordination.
• Oversee collateral, margins, and client onboarding coordination with compliance.
• Provide MIS reporting and audit support; ensure regulatory alignments.

Skills

Trade support

Regulatory compliance

Regulatory reporting

Analytical skills

Excel/Excel macros

Risk management

MIS reporting

Education

Graduate degree

Tools

Excel

Word processing

E-mail/Outlook

Job description

Key Areas of Responsibilities

• To lead and manage execution of BAU roles for Cash Equities NSE and BSE segments trade support, trade enrichments, trade booking, reporting and reconciliations
• Ownership and accountabilities for BAU roles and day to day regulatory reporting and compliances.
• Documentations and version maintenance of Operating procedures, risk management policies etc.
• Risk Management BAU implementation, monitoring and follow ups
• Ensure handling daily exposure trading limits applicable for clients, at stock and dealer level.
• Trade Accounting management, bank relationship, funds movements & reconciliations, posting of ledgers, fail trade monitoring
• Maintenance of Collaterals i.e. Cash, Government Securities, Listed Equities, Bank Guarantee etc,
• Support Trading desk across CLSA regions including in India to support pre & post trade activities.
• Ensure regulatory compliances and system alignments.
• Own and Client Margin movements of upstream and downstream on Exchange Clearing Corporations
• To co-ordinate with client on-boarding team and compliance team for empanelment reviews, account setup, UCC registration and reconciliations
• MIS reporting and Audit supports
• Regulatory circulars implementations and follow up with IT support teams for handling UAT and production supports
• Static data management of stocks, clients including commission deviations reconciliation and handling of Buy Back/OFS/IPO and QIP etc.
• Operational risk & controls monitoring, system developments including UAT etc.
• Regional Operations team support

Requirements

• Minimum 15-20 years of work experience in Institutional Broking Operations handling middle and back controls and reconciliations including Audit and compliance data support.
• Minimum Graduate Degree

• Having excellent understanding and working experience of trade support roles, regulatory compliances for trade reporting, market pre-matching and settlement of trades for cash market and F&O
• Analytical knowledge and very good in numbers

• Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.
• Develop new and unique ways to improve operations of the organization and to create new opportunities.
• Work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.

• Proficiency of verbal and written communicationExcel and Word processing
• Application and Data base management
• Spreadsheets with formula, macro and pivot E-mail

• Internet outlook emails

• Usually work in an office environment but the purpose of immediate service to clients may sometimes work from home or non-standard work places
• Work in a standard work week with flexi shift timings but may be also required to work late hours or full shifts in absence of immediate colleague staff or back up in your own responsible area.
• Set priorities, develop a work schedule, monitor progress towards goals, and track details/data/information/activities.

• Assess situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the organization