Equity Dealer - Institutional Broking

Equity Dealer- Institutional Broking

Key Responsibilities :

- Executing Trade Orders both on BSE/NSE Cash mkt/ Derivatives mkt terminals and on Bloomberg with 0% dealing error

- Having experience of DMA ( one touch/ direct ) trade.

- Having Experience to trade on various trading platform like Omnesys / Odin /TCS with risk parameter

- Having a knowledge of Algo trading

- Having knowledge of BOD and EOD process

- Having a knowledge of Mapping of client code on Bloomberg fix

- Assisting in brokers empanelment

- Prepare and upload beginning-of-day orders' batch files, monitor trade executions, refresh end-of-day orders' batch files.

- Develop and maintain a long-term relationship with customers and secure dealing votes from institution clients.

- Generate block leads from clients, work on mandates to build book and getting block executed is the key role

- Assisting clients for best execution , vvap and to reduce impact cost

- Communicating trading ideas, tracking the client portfolio and keep feeding him on their interest

- Meeting clients, coordinating with research and sales team to cater to clients- interests

- Conduct regular meetings with clients as part of client servicing

- BSE 6a/7a and NSE OTR file reporting system

- Exchange bulk / block reporting system

- Trade confirmations to client, custodian and the exchange.

- STP reporting to custodian and clients

- Back office knowledge like contract generation, pay in/ pay out also required.

- To keep track on Corporate action announced

- Having experience in QIP and OFS trade

- To keep track on New Listing

- Managing various regulatory compliances relating to dealing. Communication with all regulatory authorities and outside parties.

- Should be able to read market price movements and have a decent market intelligence network. Having strong relationship with other mkt participant/ HNIs

Candidate Profile :

- Degree with 5/7 years of work experience as equity sales trader with leading institutional broker

- Degree in Stock Market Course preferred.

- Strong client / customer references

- Excellent communication and inter-personal skills

- Basic accounting knowledge along with advanced knowledge of excel and market related terminals such as Bloomberg etc a must

Location : Mumbai