Debt Ops Analyst

Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalance them if required to ensure long-term success. We are backed by marquee firms like Premji Invest, Accel, Elevation, Matrix, etc. Since inception, our clients have trusted us with over 15000+ Crs of their assets.

Why are we building Dezerv?

Investing is stressful and emotional. Building & growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment. At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future.

What are we trying to solve/mission?

We are passionate about helping Indians invest better. We manage investments with active oversight to help both sophisticated and new investors build long-term wealth across various market conditions.

Key Responsibilities:

Trade Reporting, Confirmation and Matching:

• Reporting of Bonds/CP/PTC trades on NSCCL and ICCL, including bond transfers for sale transactions.
• Reporting of all UCC trades accurately for specific transactions.
• Verifying the details of executed bond trades (price, quantity, counterparty, security identifier) against broker confirmations/counterparties.
• Execute off-market trade transactions as and when necessary.

Trade Settlements:

• Instructing the movement of cash and securities to complete a trade (settlement process).
• Monitoring the settlement process to ensure trades "settle" on time
• Coordinating/followup with the exchange, depository, counterparty and other market participants to ensure smooth trade settlement.
• Ensure that off-market trade transactions are settled accurately.

Cash and Position Reconciliation

• Perform daily reconciliations of securities and cash balances between internal ledgers and external records (custodians, CCIL, or depositories).
• Daily update of trades in the internal system to ensure accurate maintenance of data.

Other Responsibilities

• Public and private offers (IPO/Public Issue/Private placement) applications form filling as and when required.
• Handling KYC documentation for clients before executing trades.
• Conducting KYC verification for brokers for empanelment purposes.
• Coordinating daily with the F&A team to ensure timely processing of payments.
• Tracking treasury limits and providing daily updates to the F&A team.
• Submitting weekly and monthly trade data to the F&A team for accounting purposes.
• Raising invoices as per requirements.Coordinating with vendors for issuance and payment/receipt of invoices.
• Preparing contract notes for executed trades.

What are we looking for?

• Graduate/MBA with 5–7 years of proven experience in Debt Operations