Associate/Analyst - Operations, SG Securities India (Mumbai)

Responsibilities

Job Summary: To be responsible for supporting all middle/back office operational activities in Mumbai office for listed derivatives & Cash Equity products.

Main Responsibilities:

Operational Excellence:

• Sound understanding of Indian capital market, Clearing House, Custody, Depository & SEBI regulatory framework.
• Role entails KYC/KRA, responding to clients process related queries, trade processing, contracting, sending STP to custodians, bank reconciliations, and any other related activities for Cash Equity & Derivative markets.
• Perform operational activities. Perform EOD related activities & proactively escalate if any issues encountered. Ensure strict adherence to internal and external process guidelines.
• Would also be required to liaise with Exchange for debit notes, circulars, etc. work with custody, settlement, Client fund management, regulatory reporting etc.
• Work closely with Compliance to ensure legal, regulatory and audit requirements are complied with.
• Manage monthly MIS and other reports from time to time.
• Interfaces with regional team on all operations related matters
• Need to take corrective actions, when necessary, take ownership of issues in hand to see through till closure.

• Maintain and establish good relationship with Business line (MARK), Regional Management, Clients, Vendors. Collaborate to deliver noticeable result.
• Manage escalations with a sense of client centricity & commitment. Demonstrate responsibility, trustworthy & agility.
• Participate in projects, NPCs & new client onboarding initiatives

• Participate in team meetings/White board. Instill team work culture towards achieving goals at a team level. Demonstrate SG core values: Team Spirit, Innovation, Responsibility & commitment with client centric approach as a core element.

• Think innovatively on the BAU area assigned to come up with process improvement ideas.
• Help team manager in various efficiency initiatives.

Profile required

Academic Background (degree and major): Post-Graduation

Relevant Working Experience in number of years: Minimum 5 years of experience working for Indian Market

Skills & Competencies required:

• Candidate from broking experience with independent client servicing skills preferred (Preferred)
• Working knowledge of industry related systems including Bancs is desired (Preferred)
• Working knowledge and understanding in brokerage operations and local regulations of NSE and BSE including KYC matters
• Product knowledge on financial futures and options products and other investment vehicles is essential
• Proactive, self-motivated and team player mentality (with hands-on approach);
• Effective verbal & written communication and presentation skills.
• Need to have knowledge & to manage treasury & accounting activities on daily basis

Computer Skill:

Business insight

Societe Generale Securities India Pvt. Ltd. (SGSI) is the stock-broking arm of Societe Generale Group (SG Group) and was one of the earliest foreign brokers to enter India. SGSI started with a representative office in 1994 and established a full-fledged presence by 1995.

SGSI is a Securities and Exchange Board of India (SEBI) registered Stock Broker with Trading and Clearing Membership and obtained membership of Stock Exchanges (National Stock Exchange, Bombay Stock Exchange and Metropolitan Stock Exchange) to provide services in various segments (Cash Equities, F&O, Currency & Debt) of Stock Exchange. The Company has been active in the Stock Market since 1997.

SGSI is managed by a team of professionals /specialists in the broking business. The Company has a dedicated team of specialist dealers & traders to cater to the needs of institutional clients.

The Company has established itself as a premium player in the institutional segment where quality service and best technology combined with best possible execution and clearing services. The Company aims to specialize and develop capabilities in providing best quality execution and clearing services to its clients.

Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.

Diversity and Inclusion

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.