Operations Manager

Job Purpose

To lead and manage day-to-day stock broking operations including trade processing, settlements, risk checks, compliance adherence, and client service support. The role ensures smooth and error-free operations while managing and developing a team.

Key Responsibilities

1. Operations Management

• Oversee daily trade processing across equity, derivatives, currency & commodity segments.
• Ensure accurate and timely order execution, trade confirmations, and back-office processing.
• Manage pay-in/pay-out of funds & securities, DP operations, and reconciliations.
• Handle corporate actions processing, payout adjustments, and client-level updates.
• Ensure margin reporting (EOD/Intraday), pledge/unpledge requests, and collateral management.

2. Risk & Compliance

• Ensure all processes follow SEBI, NSE, BSE, MCX, CDSL/NSDL, and exchange guidelines.
• Monitor risk parameters such as exposure, limits, peak margin, and shortfall alerts.
• Coordinate with auditors (internal/external) and support regulatory inspections.
• Implement controls to reduce operational errors and mitigate risks.

3. Team Leadership

• Lead, train, and supervise the operations team to maintain service quality.
• Allocate work, set performance goals, and monitor productivity.
• Resolve escalations and cross-coordinate with sales, dealing desk, DP, and risk teams.

4. Client Support & Coordination

• Support relationship managers and clients for operational issues.
• Assist in account opening checks (KYC), modifications, and documentation review.
• Manage escalations related to trades, settlements, fund transfers, and statements.

5. Process Improvement

• Identify gaps and optimise operational workflow for faster turnaround.
• Assist in automation projects, system enhancements, and new product rollouts.

Key Skills Required

• Strong understanding of stock broking operations
• Knowledge of SEBI guidelines, exchange rules, DP operations
• Experience in settlements, back-office systems & OMS/RMS platforms
• Excellent team management & leadership skills
• Strong analytical and problem-solving ability
• Good communication & stakeholder coordination skills
• Ability to work under pressure and meet deadlines

Education

• Graduate/Postgraduate in Finance, Commerce, or related fields
• NISM Series certifications (Equity, Derivatives, Depository Operations) preferred (Advantage)

Interested candidates send their updated CV at soumyadip@peoplemint.in