Manager - Operations - BFSI (4-6 yrs)

About the Role:

- We are seeking a highly motivated and experienced Operations Manager to join our dynamic team.

- In this critical role, you will be responsible for overseeing and managing all aspects of our operational functions, ensuring smooth and efficient day-to-day operations while maintaining the highest levels of accuracy and compliance.

Roles & Responsibilities:

Demat Account Management:

Oversee the entire lifecycle of client Demat accounts, including:

- Account opening and modifications for NSDL and CDSL

- Demat and Remat processes

- Ensure timely and accurate processing of all requests.

Depository Participant Operations:

- Manage all aspects of Depository Participant operations, including:

- Stock Pay-in and Pay-out

- Pledge and Repledge processes

- Depository Participant Audits

Back-Office Operations:

- Manage and oversee daily back-office operations, including:

- Bank reconciliations

- Trade confirmations

- Corporate actions processing

- Settlement procedures

Regulatory Compliance:

- Ensure compliance with all relevant regulations and guidelines issued by SEBI, NSE, BSE, and other regulatory bodies.

Team Management:

- Lead and mentor a team of operations professionals.

- Allocate work effectively, monitor performance, and provide regular feedback.

- Foster a positive and productive work environment.

Process Improvement:

- Continuously identify and implement process improvements to enhance efficiency and reduce operational risks.

Technology & Systems:

- Work closely with the IT department to ensure smooth functioning of all operational systems and platforms.

- Stay abreast of technological advancements in the securities market and explore opportunities for automation.

Your Key Qualifications & Competencies:

Essential:

- Bachelor's degree or higher in Finance, Commerce, or a related field.

- Minimum 4-6 years of hands-on experience in handling operations within the Broking/Depository Participant/PMS industry.

- Strong understanding of securities market operations, including trading, settlement, and clearing processes.

- Proficiency in MS Office Suite (Excel, Word, PowerPoint).

Desirable:

- NISM certifications (Modules VI and VII) preferred.

- Experience in Wealth Management firms is a significant advantage.

- Knowledge of Class Software or other relevant industry software.

Key Competencies:

- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.

- Detail-oriented with a high degree of accuracy and precision.

- Ability to work independently and as part of a team.

- Strong organizational and time-management skills.

- Proactive, results-oriented, and self-motivated.

- Ability to adapt quickly to changing priorities and market dynamics