Join to apply for the Deputy Vice President - Ops role at Jainam Share Consultants Pvt. Ltd.
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Join to apply for the Deputy Vice President - Ops role at Jainam Share Consultants Pvt. Ltd.
* Oversee daily trade clearing workflows – from pre‑matching, confirmation, MTM, margin calls to fund/stock settlement and fails resolution.
* Ensure accurate and timely generation of margin deficit files, pay‑in/pay‑out obligations, and Bhav/obligation reports
* Lead a team (~10–15 members), including recruitment, mentoring, performance appraisals, and cross‑training.
* Maintain strong supervisory controls, manage escalations, and track KPIs/SLAs for error rates and processing timelines .
* Process & Risk Management
* Identify process breakdowns; implement re‑engineered workflows to enhance STP rates and settlement efficiency .
* Strengthen control frameworks, monitor operational risks, and ensure audit-readiness and compliance with SEBI and exchange regulations.
* Stakeholder Engagement
* Serve as the central point for trade-related escalations, liaising with front office, trading teams, exchanges, banks, and clearing members
* Manage exchange communications for circulars, trade files, and regulatory updates
* Strategic Initiatives & Automation
* Drive strategic projects for operational efficiency, technology upgrades, and change initiatives ("Run the Bank / Change the Bank")
* Promote automation and data-driven decision-making, focusing on workflow improvements and MIS reporting.
* Monitor collateral like BGs, FDs, ensure MTM margin calculations, margin deficit filings, and timely communication to members and banks
* Administer collateral safekeeping, bank guarantee uploads, and quarterly verification audits .
Jainam Broking Limited
* 2 days ago
Location
Head Office
Department
Ops - Clearing - JBL
Employment Type
Permanent
Applications Received
0
Closes On
24 Sep, 2025
Key Responsibilities
* Clearing & Settlement Management
* Oversee daily trade clearing workflows – from pre‑matching, confirmation, MTM, margin calls to fund/stock settlement and fails resolution.
* Ensure accurate and timely generation of margin deficit files, pay‑in/pay‑out obligations, and Bhav/obligation reports
* Lead a team (~10–15 members), including recruitment, mentoring, performance appraisals, and cross‑training.
* Maintain strong supervisory controls, manage escalations, and track KPIs/SLAs for error rates and processing timelines .
* Process & Risk Management
* Identify process breakdowns; implement re‑engineered workflows to enhance STP rates and settlement efficiency .
* Strengthen control frameworks, monitor operational risks, and ensure audit-readiness and compliance with SEBI and exchange regulations.
* Stakeholder Engagement
* Serve as the central point for trade-related escalations, liaising with front office, trading teams, exchanges, banks, and clearing members
* Manage exchange communications for circulars, trade files, and regulatory updates
* Strategic Initiatives & Automation
* Drive strategic projects for operational efficiency, technology upgrades, and change initiatives ("Run the Bank / Change the Bank")
* Promote automation and data-driven decision-making, focusing on workflow improvements and MIS reporting.
* Collateral & Funds Management
* Monitor collateral like BGs, FDs, ensure MTM margin calculations, margin deficit filings, and timely communication to members and banks
* Administer collateral safekeeping, bank guarantee uploads, and quarterly verification audits .
Qualifications & Experience
* Education: Bachelor's—or preferably MBA/CA/Commerce/Finance degree.
* Experience: 12+ years in share broking/clearing or banking operations, with 5+ years managing teams.
* Proven track record in clearing/settlement and middle/back office operations.
* Strong understanding of SEBI, NSE, BSE, CDSL/NSDL regulations and circulars.
* Proficient in tools like Shilpi or other stock-broking back-end systems; advanced MS Excel knowledge.
* Certifications (e.g., NISM Depository Operations) are a plus.
Seniority level
* Seniority level
Executive
Employment type
* Employment type
Full-time
Job function
* Job function
Management and Manufacturing
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