Hiring Stock Operations Executive for a Leading Fintech Company

Job Description:

Responsibilities:
We’re looking for stock Operations who oversee the day-to-day operations of our company. 

• Execution and Managing Funds Operations Team (Broking) for daily BAU activities, i.e.

                       Client and Exchange level Funds Payin/Payout
                       Client’s Deposit and Withdrawals reconciliation on transaction level
                       Client’s Allocation process on omnibus and direct carrying module
                       Accounting of Entries
                       Onboarding and client account support
                        Exchange/Client level reporting, i.e.

• Enhanced Risk Based Supervision
• Client’s Cash and Cash Equivalent
• Bank level cash balance
• Client’s Segregation
• Client’s shortage allocation
• Client’s Margin reporting (EQ/FO)

                         Banks and General Ledger Reconciliations
                         Trial Balance preparation and scrutiny

• Trade order management- handling and reconciliation
• Corporate actions handling
• Communications with Exchange/Clients/Auditors/Inter-connected Teams
• Process Optimization/Automation
• Preparation of Process SOPs/Checklists/Flows
• Submitting Audits/Inspections data requirements
• KYC management and compliance verification
• Futures and Options handling (margins/executions) and reporting
• Oversee the implementation of systems to measure the performance of the individual team’s members against budget and pre set performance measurement criteria
• Ensure that the appropriate personnel are in place to deliver the short and long terms goals set for the Brokerage Operations Team and provide direction, coaching, training
• and motivation to these staff.
• Ensure that all CMA compliance requirements relating to KYC, Client money and AML are met at all times.

Specialized job competencies:

• Manage day-to-day operations of all products and maintain effective organizational relationships
• Skilled in handling Mutual funds, Equities, fixed income, etc.
• Lead the Operations team in the implementation of the new Brokerage systems.
• Lead the team in providing comprehensive operations support to the whole Brokerage Division including portfolio creation, transfer and maintenance, ensuring that all documentation is correctly prepared and filed, reconciliations, settlement of overdraft a/c daily for local shares, processing expenditures and administration support

Desired Candidate Profile:

• Max 5 yrs experience in stock industry with proven record of handling core stock ops
• Good working and implementation knowledge of the Brokerage systems involving e- trading and ideally experience in Mutual Fund share registry functions and fixed income products (not mandatory but added advantage)
• He will preferably have international work experience and must have exposure to Operations best practices in the investment banking industry.
• Good people-manager – able to direct and motivate a large diverse team of professionals.

What does company bring to the table:

• Opportunity to do what your current firm may be hesitant to do.
• An informal and self-managed work culture.
• Freedom to experiment with new ideas and technologies.
• A highly motivating work environment where you learn exponentially and grow with the organization.
• An opportunity to create an impact at scale.