AVP/DVP/Senior Lead - Banking Operations - Broking Firm

Level : DVP/AVP

Reporting to : Head of Operations

Job/Responsibility Details :

- Managing Funds paying and Payout to Clients

- Managing Exchanges Fund Paying and Payout

- Managing Exchange and Client Collaterals (Cash and Non-Cash)

- Well versed knowledge of FD Creation and BG Creation and placing with Exchanges.

- Fund movement between Banks and Exchanges

- Well versed knowledge of Upstream and downstream of Funds as per Exchange Circular

- Interacting with clearing banks for meeting funds obligations of exchanges

- In-depth Knowledge of Stock Broking Regulatory Reporting (viz. Enhanced Supervision Reporting, Segregation Reporting, Bank Balance reporting, etc.).

- Managing Quarterly settlement process of clients

- Good knowledge Fund Management to reduce interest cost.

- Good Knowledge of Bank Account Opening and Closing

- Providing first line customer support by defining procedures for answering queries and resolving issues within minimum TAT and with best quality of services.

- Daily reconciliation of all bank & clearing house ledgers.

- Maintaining data and handling internal audits & Inspection of various Exchanges.

- Coordinating with software vendors & exchange officials for resolving issues.

- Imparting training to new employees about process knowledge

- Good knowledge of Fund paying through various modes (NEFT, RTGS, UPI, Cheque, Aggregator, etc.)

Other Requirements :

- Minimum 10-15 years of experience in the above fields

- Minimum Qualifications will be MBA/CA or equivalent qualifications.

- Good People managing skill for large team size.

- Willingness to take new assignments and challenges.

Suitable candidates may forward their updated profiles along with the below details:

Current CTC :
Notice Period :
Expected CTC :