Job Description

• Stay updated of trends in business conditions / monetary policy / government policy / political factors / social factors etc that could affect the stock market
• Providing enough amount of opportunities to team in order to get exposure through pragmatic knowledge and different training regarding surveillance and risk handling operations
• Aligning the process and systems of department with compliance when asked for. ( eg.500 cr mark , 90% RRM mode, client level limits , member level limits )
• To get updates of recent technology, processes and systems of broking industry pertaining to trading operations by maintaining immediate touch with intermediaries and broker fraternity on regular basis. ( all trading software vendors , brokers etc )
• To Design/Refine and regularly update SOPs (physical documents) of every rule/process or system related to department.
• To develop and maintain all software and tools required for undertaking all departmental operations.
• To make / update / strictly follow the RMS policy at the organization level for wholesale and retail broking
• To ensure that we develop systems / processes for limit approvals
• To ensure smooth execution SLBM operations at the organization from developing portals , punching orders , billing , product awareness and up to commission passon
• To ensure smooth execution of OFS bidding operations at the organization from developing portals , punching orders , billing, product awareness and commission passon
• To ensure highest utilization of technology in the department for day to day operations
• To provide various MIS data / reports to management on a timely basis ( hourly , daily , weekly etc )
• To ensure proper surveillance on various in house platforms which allows client to trade /invest in stocks MF /IPO etc
• To develop / manage and maintain a powerful communication tool for associates / RMR /BM for the purpose of limit approval and other critical purpose
• To ensure that exchange login process/ bod is completed well in advance on all servers in order to achieve smooth trading operations
• Responsible for making proper checking mechanism in all trading servers regarding data that is being uploaded by the department or data that is managed by the trading servers itself . For this try to ensure that we use maximum support of software at all levels
• To take active participation in the process when any new change / technology / API getting implemented related to trading operations in the organization and guide other departments too for smoother operations
• To be in constant touch with Business development team manager regarding new inventions or technologies that is being introduced in the broking industry
• To make / update / strictly follow the OMS policy at the organization level for wholesale and retail broking ( eg before market orders, OTR, OTM strikes order limits etc)
• Responsible for charging clients for dealers / diets / etc on a monthly basis and making MIS reports based on the charges we recover from the clients
• To undertake various trading operations for optimum utilization of margin ( eg margin management , P&L trades etc )
• To manage / train dealers who are into dealing as per client request with highest efficiency and minimal errors . To make a structured SOP for dealers regarding trade execution , trade confirmation etc

Pay Scale:30000-40000

No. Of Vacant Place:1

Qualification: Graduate

Experience: 5-7 years

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