Job Description
DESCRIPTION
Are you ready to be an integral part of a dynamic team in Equity Broking Operations? This role offers you the chance to collaborate with industry experts, manage trade settlements, and ensure operational excellence. Embrace the opportunity to grow your career in a fast-paced environment where your skills in communication, accounting, and risk management will be highly valued. Join us to make a significant impact and drive success in the world of equity broking.
As an Associate in the Equity Broking Operations team, you will be part of the India Broking operations, carrying out trade contracting and settlement functions. You will monitor operational risk management for position limits and margin utilization, ensuring adequate margin availability at exchanges. You will coordinate with clients, custodians, exchanges, and overseas desks, sending trade confirmations and managing trade settlements and accounting. Your role will involve MIS reporting, responding to regulator and client queries, and handling exchange and security settlements.
Job responsibilities:
Monitor operational risk management for position limits and margin utilization
Ensure adequate margin availability at exchanges for trading members and clearing members
Allocate trades and manage pre-settlement processes
Coordinate with clients, custodians, exchanges, and overseas desks
Send trade confirmations to clients
Manage trade settlement and accounting processes
Prepare and deliver Management Information System (MIS) reports
Respond to regulator and client-related queries
Handle exchange reporting and security settlements
Required qualifications, capabilities, and skills:
At least Bachelor's Degree in Business, Commerce, Finance, or related disciplines
At least 5 years of experience with strong knowledge in Cash Equity products for India market
Good accounting knowledge
Strong communication skills
Ability to handle pressure and high volumes
High levels of discipline and concentration
Proficiency in Microsoft Word, Excel, and Access
Ability to work in a deadline-driven environment
Strong team collaboration skills
Preferred qualifications, capabilities, and skills:
Prior experience on handling Obligation Transfer Request (OTR) and Unique Client Code (UCC)
Familiarity with trade settlement processes
Understanding of operational risk management
Ability to manage client and regulator interactions effectively
Experience in Management Information System (MIS) reporting and data analysis
Knowledge of exchange reporting and security settlements
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Are you ready to be an integral part of a dynamic team in Equity Broking Operations? This role offers you the chance to collaborate with industry experts, manage trade settlements, and ensure operational excellence. Embrace the opportunity to grow your career in a fast-paced environment where your skills in communication, accounting, and risk management will be highly valued. Join us to make a significant impact and drive success in the world of equity broking.
As an Associate in the Equity Broking Operations team, you will be part of the India Broking operations, carrying out trade contracting and settlement functions. You will monitor operational risk management for position limits and margin utilization, ensuring adequate margin availability at exchanges. You will coordinate with clients, custodians, exchanges, and overseas desks, sending trade confirmations and managing trade settlements and accounting. Your role will involve MIS reporting, responding to regulator and client queries, and handling exchange and security settlements.
Job responsibilities:
Monitor operational risk management for position limits and margin utilization
Ensure adequate margin availability at exchanges for trading members and clearing members
Allocate trades and manage pre-settlement processes
Coordinate with clients, custodians, exchanges, and overseas desks
Send trade confirmations to clients
Manage trade settlement and accounting processes
Prepare and deliver Management Information System (MIS) reports
Respond to regulator and client-related queries
Handle exchange reporting and security settlements
Required qualifications, capabilities, and skills:
At least Bachelor's Degree in Business, Commerce, Finance, or related disciplines
At least 5 years of experience with strong knowledge in Cash Equity products for India market
Good accounting knowledge
Strong communication skills
Ability to handle pressure and high volumes
High levels of discipline and concentration
Proficiency in Microsoft Word, Excel, and Access
Ability to work in a deadline-driven environment
Strong team collaboration skills
Preferred qualifications, capabilities, and skills:
Prior experience on handling Obligation Transfer Request (OTR) and Unique Client Code (UCC)
Familiarity with trade settlement processes
Understanding of operational risk management
Ability to manage client and regulator interactions effectively
Experience in Management Information System (MIS) reporting and data analysis
Knowledge of exchange reporting and security settlements
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
💡 Quick Summary
Seeking a career-building opportunity? The Cash Equity Broking Operations - Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
