Location: Mumbai, Maharashtra, India

Make your mark in the world of equity operations, where every trade you touch moves markets forward. This is your opportunity to build deep expertise in trade lifecycle management while collaborating with global teams and industry partners. You'll grow your career at the intersection of financial markets and technology, with exposure to process innovation and strategic projects.

As an Associate in Cash Equity Operations, you will be part of the Broking operations which carries out trade contracting and trade settlement functions. You will work directly with clients, custodians, exchanges, and global desks to ensure every trade moves seamlessly from execution to settlement. This is a hands-on role where your analytical skills, stakeholder coordination, and process improvement mindset will make a real impact.

Job responsibilities

• Manage broking operations encompassing trade contracting and trade settlement functions, ensuring accuracy and timeliness across the end-to-end trade lifecycle.
• Coordinate with clients, custodians, exchanges, depositories, banks, and overseas desks to facilitate proper trade processing and settlement, building productive working relationships that drive mutually beneficial outcomes.
• Prepare and send trade confirmations to clients, ensuring proper documentation and adherence to regulatory and internal standards.
• Oversee trade settlement and accounting processes, including bank accounting and reconciliation of ledgers through detailed investigation using various systems and tools, contributing to the accuracy and integrity of financial data.
• Prepare and deliver management information reporting to support business decision-making and operational transparency.
• Respond to regulator and client-related queries within required service-level agreements, ensuring compliance with applicable regulations and escalating issues as necessary.
• Handle exchange reporting requirements, ensuring timely and accurate submissions in line with Bombay Stock Exchange, National Stock Exchange, and other regulatory obligations.
• Contribute to the review and improvement of end-to-end trade lifecycle processes, applying process improvement methodologies to optimize operations.
• Support strategic projects in partnership with product, technology, and change management partners, ensuring seamless adoption of new processes and technologies.
• Identify and manage risk issues and exceptions above materiality thresholds, driving timely resolution and maintaining a strong control environment.
• Perform root cause analysis for respective clients to increase straight-through processing rates and reduce client inquiries.
   

Required qualifications, capabilities, and skills

• Bachelor's degree in Business, Commerce, or a related discipline.
• Minimum 5 years of experience in stock broking operations, including trade contracting, settlements, trade and bank accounting, exchange and bank reconciliations, and liaising with banks, custodians, exchanges, and depositories.
• Strong accounting knowledge with demonstrated proficiency in using systems and tools for financial data reconciliation and ledger management.
• Strong communication skills with the ability to coordinate effectively across clients, custodians, exchanges, overseas desks, and internal stakeholders.
• Ability to manage high volumes and competing priorities while maintaining discipline and attention to detail in a deadline-driven environment.
• Proficiency in Microsoft Word, Excel, and Access, with comfort working with data and reporting tools.
• Self-motivated with the ability to learn quickly and a strong risk and control mindset.

 

Preferred qualifications, capabilities, and skills

• Understanding of India broking stock exchange operations, trade lifecycle, reconciliation rules, and custody coordination.
• Experience with data and automation tools such as Tableau, Alteryx, UiPath, or similar platforms.

Manage cash equity operations and client service in a dynamic environment.