Senior Product Manager – Broking

MobiKwik; Gurugram District; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

MobiKwik in Gurugram, India seeks a Product Owner to drive end-to-end RMS/back-office automation across Equity, Derivatives, Commodity and Currency, including limit monitoring, alerts, escalation workflows, and vendor coordination.

You will translate business needs into BRDs, user stories, acceptance criteria, and drive delivery with Operations, Risk, Compliance, Technology, and external vendors, ensuring regulatory alignment.

Qualifications

• 4–6 years of total experience in stock broking or capital markets operations
• Experience in RMS/back-office operations or product management for trading/back-office platforms
• Strong understanding of Indian stock broking operations, RSV, settlements, and margins
• Familiarity with SEBI regulations and broker compliance requirements
• Ability to own a product roadmap end-to-end from discovery to adoption
• Hands-on experience in BRD/user stories and UAT planning

Responsibilities

• Own end-to-end product scope for BOD/EOD process automation across Equity, Derivatives, Commodity, and Currency, including latency reductions and dashboards
• Own the RMS automation roadmap with client/scrip-level limits, intraday and base limit monitoring, MTM alerts, and escalation workflows
• Build real-time RMS monitoring dashboards for Risk Officers, Dealers, and Heads of Department and automate rule-based interventions
• Define product capabilities for position surveillance, concentration risk monitoring, simulated trade detection, and final delivery workflows
• Own daily margin reporting automation across Equity, F&O, Commodity, and Currency, with supervisor reporting and breach alerts
• Coordinate regulatory automation covering settlements and exchange/depository requirements with NSE/BSE/MCX/CDSL/NSDL
• Act as Product Owner for back-office and RMS modules across ODIN/OMNESYS/OMNI NEST or equivalents; manage vendor coordination
• Translate business pain points into BRDs, functional specs, user stories, and acceptance criteria; drive delivery with cross-functional teams
• Engage with HODs and stakeholders to review automation progress, risk events, and adoption

Skills

Product ownership

RMS automation

Back-office ops

Agile tools

BRD drafting

UAT planning

Stakeholder mgmt

Vendor coordination

Regulatory compliance

Tools

JIRA

Confluence

Job description

• Own end-to-end product scope for BOD/EOD process automation across Equity, Derivatives, Commodity, and Currency, including holding uploads, limit setting, position carryforward, reconciliation, readiness checks, SLA monitoring, dashboards, and elimination of operational single points of failure.
• Own the product roadmap for RMS automation, covering client/scrip-level limits, intraday and base limit monitoring, MTM violation alerts, escalation workflows, auto square-off triggers, timer-based square-offs, and RMS blocks for debit, far-month contracts, and illiquid scrips.
• Build and enhance real-time RMS monitoring and alerting dashboards for Risk Officers, Dealers, and HODs, while automating rule-based interventions and reducing turnaround time for critical RMS actions such as limit activation/deactivation and terminal management.
• Define and own product capabilities for client-wise and scrip-wise position surveillance, concentration risk monitoring, simulated trade detection, ASM tracking, GSM/illiquid scrip blocking, and tender-period and staggered-delivery workflows.
• Own automation of daily margin reporting across Equity, F&O, Commodity, and Currency, including supervisor reporting for client funds, collateral, and security balances, peak margin compliance, upfront margin collection, breach alerts, fund utilisation reporting, and audit readiness.
• Own regulatory and compliance automation covering quarterly settlement, dormant/inactive account management, CTCL empanelment, and exchange/depository requirements across NSE, BSE, MCX, CDSL, and NSDL, ensuring timely implementation of SEBI circulars and exchange-driven regulatory changes.
• Act as Product Owner for back-office and RMS modules across vendor-led trading platforms such as ODIN, OMNESYS, OMNI NEST, or equivalent systems, managing vendor coordination, patches, upgrades, deployments, release planning, functional testing, UAT, and build-vs-buy evaluations.
• Translate business and operational pain points into BRDs, functional specifications, user stories, process flows, acceptance criteria, and success metrics, while driving delivery across Operations, Risk, Compliance, Technology, and external vendors.
• Partner with HODs and senior stakeholders to review automation progress, risk events, compliance posture, and adoption, while driving process improvement through training, documentation, and stakeholder engagement.

Requirements

• 4–6 years of total experience, including at least 2 years in a stock broking or capital markets organization in Operations, RMS, Product Management, or Business Analysis.
• Experience in RMS/back-office operations at a broking firm, product management/business analysis for trading or back-office platforms, or working with trading-system vendors/fintechs focused on broking technology.
• Strong understanding of Indian stock broking operations, including BOD/EOD, settlements, margins, RMS, and front-office/back-office platforms.
• Working knowledge of Equity, Derivatives/F&O, Commodity, and Currency markets, along with familiarity with SEBI regulations, exchange circulars, and broker compliance requirements.
• Strong understanding of risk concepts including MTM, exposure limits, margin shortfalls, collateral management, ASM, and GSM.
• Ability to own a product roadmap end-to-end, from requirement discovery and prioritisation through delivery, UAT, implementation, and adoption.
• Strong documentation and business analysis skills, including BRDs, functional specifications, user stories, process flow diagrams, acceptance criteria, and success metrics.
• Hands-on experience in UAT planning and execution for back-office, RMS, or trading platform releases.
• Comfortable working in Agile environments with tools such as JIRA, Confluence, or equivalent platforms.
• Excellent written and verbal communication skills, with the ability to effectively engage technical teams, business stakeholders, vendors, Risk, Operations, and Compliance teams.
• Strong analytical and logical thinking with the ability to structure ambiguous problems, identify operational risks and process gaps proactively, and drive solutions independently.
• Collaborative team player capable of working cross-functionally across Operations, Technology, Risk, Compliance, and external vendors.