Operations Manager – Finance

Industry: Stock Broking / Capital Markets
Salary: Rs 60,000 per month
Location: Minto Park.

Key Responsibilities

1. Operations & Settlement

• Manage end-to-end equity and derivatives settlement processes.
• Coordinate with NSE/BSE, Clearing Corporations, and Depositories (NSDL/CDSL).
• Oversee pay-in/pay-out of securities and funds.
• Monitor trade files, margin reports, and daily obligation statements.

2. Finance & Accounts

• Daily reconciliation of client funds, broker funds, and bank accounts.
• Supervise accounting entries related to trades, brokerage, statutory charges, and commissions.
• Prepare monthly P&L and MIS reports for management review.
• Support audit activities—statutory, internal, and exchange audits.

3. Compliance & Risk

• Ensure compliance with SEBI, Exchange, and Depository regulations.
• Prepare and submit regulatory reports (CMR, FMR, UCC, Holding reports, margin reporting, etc.).
• Monitor risk parameters such as client limits, margins, and exposure.
• Implement process controls to minimize operational risks.

4. Client Support & Coordination

• Resolve client queries related to settlements, fund transfers, statements, and trading issues.
• Liaise with banks, depositories, and custodians for operational matters.

Required Skills & Qualifications

• Bachelor’s degree in Commerce/Finance; MBA or equivalent preferred.
• Minimum 4 - 6 years of experience in stock broking operations/finance.
• Strong knowledge of NSE/BSE operations, settlement cycles, NSDL/CDSL, and related systems.
• Good understanding of SEBI and Exchange compliance requirements.