- Leadership Opportunity
- A chance to make an impact
About Our Client
Our client is a growing a SEBI-registered broking firm based out of Gurugram
Job Description The Successful Applicant
- Financial Management:
- Oversee the preparation and accuracy of financial statements, ensuring compliance with SEBI, NSE, BSE, and other regulatory requirements.
- Lead financial planning and analysis, including budgeting, forecasting, margin reporting, and variance analysis.
- Manage P&L accounts, brokerage revenues, operational costs, and performance metrics specific to broking operations.
- Regulatory Compliance:
- Ensure strict adherence to SEBI regulations, periodic filings, and reporting requirements.
- Liaise with regulatory bodies and auditors to ensure timely reporting and adherence to financial regulations.
- Maintain seamless relationships with NSE, BSE, and CDSL/NSDL for compliance related matters and inspections.
- Supervise daily and monthly reporting requirements, including submissions to clearing corporations and exchanges.
- Risk Management:
- Monitor the firm's capital adequacy ratios and ensure liquidity management meets regulatory norms.
- Identify and mitigate operational, financial, and regulatory risks through robust internal controls.
- Implement risk assessment frameworks specific to trading, clearing, and settlement activities.
- Strategic Planning:
- Develop and implement financial strategies aligned with the firm's business objectives and market positioning.
- Provide actionable insights into revenue generation, cost optimization, and scalability of broking operations.
- Partner with senior leadership to explore new investment avenues and optimize trading infrastructure.
- Operational Oversight:
- Streamline operations for reconciliation, brokerage collection, payout processing, and fund transfers within broking platforms.
- Oversee clearing and settlement activities to ensure accuracy and timeliness.
- Evaluate and implement technological advancements to enhance financial efficiency.
- Leadership and Team Development:
- Lead the finance team in compliance, operations, and client servicing functions within the broking domain.
- Train and mentor team members on broking-specific financial regulations, tools, and processes.
- Foster a high-performance culture focused on transparency, accountability, and continuous improvement.
- Investor Relations:
- Build and maintain strong relationships with existing and potential investors, ensuring effective communication and transparency.
- Prepare and present financial reports, business updates, and growth plans to investors.
- Oversee fundraising efforts, including identifying potential funding sources and managing end-to-end investor engagements.
- Act as the primary point of contact for investor inquiries, ensuring confidence in the firm's financial health and strategic direction.
- Chartered Accountant (CA) or CFA is mandatory. An MBA in Finance from a reputed institute will be an added advantage. Professional Experience:
- 10+ years of progressive experience in financial management within the broking industry, with at least 5 years in a senior leadership role.
- Comprehensive knowledge of SEBI regulations, NSE/BSE operations, and compliance requirements specific to stockbroking firms.
- Proven experience in managing financial operations, including exchange operations, clearing and settlement, capital adequacy, and regulatory audits.
Technical Skills:
- Proficiency in broking-specific financial software (e.g., Omnesys, Neat, NOW, ODIN, etc.) and reporting tools.
- Advanced knowledge of T+1 settlement, STT, GST compliance, and brokerage management systems.
- Strong command of regulatory systems like XBRL, KYC platforms, and clearing corporation portals.
Key Competencies:
- Regulatory Expertise: Extensive knowledge of SEBI, NSE, BSE, CDSL/NSDL, and RBI guidelines.
- Analytical Skills: Ability to interpret financial data and provide strategic recommendations.
- Leadership Skills: Adept at building, leading, and managing finance teams within the broking environment.
- Attention to Detail: Ensure precision in compliance, reporting, and risk mitigation.
- Strategic Vision: Develop long-term strategies that align with organizational goals and market trends
What's on Offer
- An attractive salary package.
- A vibrant and inclusive company culture in the Financial Services industry.
- Comprehensive healthcare and retirement benefits.
- Opportunities for professional development and networking.
- Flexible work arrangements and paid leave policy.
We invite all suitable candidates to apply for this exciting opportunity in the heart of the financial industry.
Contact: Himanshi Bhatnagar
Quote job ref: JN-022025-6675763
