Roles and Responsibilities -BACKOFFICE
Possessing experience in handling back office operations in clearing and settlements for all segments (Cash/FNO/CD) including for all other bank clients.
Shall possess experience in handling the clearing and settlement process for all bank customers.
Responsible for entire process & activities of settlement of shares & funds of clients within the stipulated time as per regulatory guidelines
Responsible for Timely reporting on Margin Reporting for all segments, Holding reporting, Client Level Cash & Cash Equivalent Balances and any other reporting to exchanges stipulated from time to time without giving scope for penalties.
Ability to explain the clients about Margin requirement and its issues leading to penalties
Ability to handle Institutional Trades and sending its contract notes to institutional clients & ensure the trades are confirmed by custodians.
Ability to handle block deals, tally bills, STT, Brokerage, other charges etc;
Responsible for reconciliation of transactions between the exchange and backoffice application, Reconciliation of pool accounts, settlement accounts etc.
Responsible for opening/closing of accounts with banks & or exchanges or Depositories for complying with exchange/SEBI guidelines & reporting of the same.
Responsible for investing surplus funds in coordination with investment team and redemption whenever required.
Responsible for maintaining sufficient margin & security deposits with exchange and its withdrawals as per regulatory guidelines.
Timely submission of various returns to exchange/SEBI/other regulatory entities.
Proper handling of member portals NSE/BSE/NSDL etc;
Responsible for sending various statements to clients, contract notes, margin statements etc on timely basis.
Responsible for preparation and submission of data & smooth completion of various audits conducted by Internal Auditors/Statutory Auditors/Exchanges/SEBI or any other regulatory entities.
Handling settlements of own account trading/ proprietary trading
Ability to work at staggered timings as per the requirement for smooth functioning.
Responsible for monitoring pool & settlement accounts
Responsible to handle reconcile dividend account
Attending the calls/mails received by clients w.r.t. settlements/statements/any brokerage plans/complaints etc.
Ability to coordinate with vendors & internal IT team for version updations/parameter changes as required
Ability to coordinate with other relevant departments for ensuring smooth functioning.
Any other work entrusted from time to time.
POSTING: Place of posting will be in Mumbai and Navi Mumbai location.
Desired Candidate Profile -BACKOFFICE
Degree with minimum score of 50% marks in any discipline from a recognized University or equivalent qualification recognized as such by Central Government.
Minimum 0.5 to 1 year of experience in equity brokerage houses in Backoffice Functionalities.
Graduate in any stream from a recognized University having secured minimum 50% marks. Candidates having NISM / NCFM certifications are preferred.
Minimum 0.5 to 1 year experience with equity broker in the relevant field.Candidates having NISM / NCFM certifications shall be given additional weightage in the selection process.
Perks and Benefits
Junior Officer Monthly emoluments Rs. 29000 (1) 31000(2) 34000(3)
(Approx. CTC Rs.3.48 lacs excluding Leave Components)
Job Role :
Junior Officer Back office
Qualification Required :
Diploma / Vocational Course
Experience Required :
2 - 6 Years
Gender Preference :
Required Skills :
Job Timing :
9:30 am - 6:30pm | Monday to Saturday
Interview Details :
11:00 am - 4:00pm | Monday to Saturday
Employer Contact Details: Show Info
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Junior Officer Back office
Canara Bank securities ltd
2 months ago