Head - Operations/Compliance/Risk - Broking Sector

Head of Operations/Compliance/Risk- Broking Sector- Mumbai

Role Summary : General Operations Manager

Key Responsibilities:

1. Back Office Solutions:

- Spearhead the initiative to bring back-office solutions in-house

- Evaluate current processes and identify areas for improvement and automation

- Collaborate with IT teams to implement robust and efficient back-office systems

2. Stock Settlement Operations:

- Supervise the Stock Settlement Ops division, ensuring smooth daily operations

- Oversee the end-to-end settlement process, identifying and resolving any issues promptly

- Implement best practices to optimize settlement efficiency and reduce errors

3. Regulatory Compliance:

- Stay abreast of new regulatory requirements and business changes affecting operations

- Implement necessary changes in the Ops product to ensure compliance

- Collaborate with legal and compliance teams to interpret and apply regulatory guidelines

4. Process Improvement:

- Guide the Ops team in creating and refining operational processes

- Develop and maintain Standard Operating Procedures (SOPs) for internal processes

- Continuously seek opportunities to enhance operational efficiency and reduce risk

5. Documentation and Communication:

- Draft comprehensive business documentation for the development team

- Create clear, concise SOPs for all critical operational processes

- Maintain open lines of communication with all relevant stakeholders

6. Exchange Liaison:

- Serve as the primary point of contact for all exchange-related activities

- Facilitate smooth operations and quick resolution of issues to support trading functions

7. Collateral Management:

- Oversee the efficient management of the company's collateral assets

- Ensure proper valuation, allocation, and regulatory compliance of collateral management