Job Description
Job Description:
Your background
• Trade processing & client servicing operations in Cash Equities
• Knowledge of Products and Regulatory (SEBI / Exchange) guidelines
• Evaluate and Mitigate operational risk
• Graduate / Post Graduate with certification course.
• At least 2 - 3 years’ of relevant experience in Cash Equities
• Excellent communication skills
Other qualifications
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
What you can expect
Candidate would be member of the trade processing & client servicing operations team at Mumbai, which is responsible for post execution trade processing, sending confirmations to clients and custodians, reporting of trades on exchange, co-ordination with custodian and clients for trade matching and confirmation , margin monitoring, regulatory reporting. Processing of trades and confirmations to be ensured within the specified timelines. The candidate will have to work with the team to ensure compliance with local and global regulatory requirements. The candidate will have to engage with different stakeholders including Business, Compliance, Finance and Technology for resolving any issues.
What you will do
• Ensure adherence to relevant SEBI and Exchange regulations/guidelines
• Processing trade confirmations, managing client confirmation & reporting trades to exchange avoid violations
• NFRR Regulatory reporting to the Exchanges/Clearing corporation
• Resolution and escalation of matched and unmatched trades for Clients
• Timely response to client queries regarding unmatched trades
• Client Fails Reporting and follow-up for new accounts
• Evaluate and mitigate operational risk
• Liaising with other internal departments to ensure timely resolution of Client fails
• Involvement in ad hoc projects for new processes or industry initiatives Breaks investigation and resolution
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad
Your background
• Trade processing & client servicing operations in Cash Equities
• Knowledge of Products and Regulatory (SEBI / Exchange) guidelines
• Evaluate and Mitigate operational risk
• Graduate / Post Graduate with certification course.
• At least 2 - 3 years’ of relevant experience in Cash Equities
• Excellent communication skills
Other qualifications
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
What you can expect
Candidate would be member of the trade processing & client servicing operations team at Mumbai, which is responsible for post execution trade processing, sending confirmations to clients and custodians, reporting of trades on exchange, co-ordination with custodian and clients for trade matching and confirmation , margin monitoring, regulatory reporting. Processing of trades and confirmations to be ensured within the specified timelines. The candidate will have to work with the team to ensure compliance with local and global regulatory requirements. The candidate will have to engage with different stakeholders including Business, Compliance, Finance and Technology for resolving any issues.
What you will do
• Ensure adherence to relevant SEBI and Exchange regulations/guidelines
• Processing trade confirmations, managing client confirmation & reporting trades to exchange avoid violations
• NFRR Regulatory reporting to the Exchanges/Clearing corporation
• Resolution and escalation of matched and unmatched trades for Clients
• Timely response to client queries regarding unmatched trades
• Client Fails Reporting and follow-up for new accounts
• Evaluate and mitigate operational risk
• Liaising with other internal departments to ensure timely resolution of Client fails
• Involvement in ad hoc projects for new processes or industry initiatives Breaks investigation and resolution
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad
💡 Quick Summary
Seeking a career-building opportunity? The Officer| Trade Processing Operations India 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.