Backoffice In Charge / Operation Head Job in Jhaveri Securities

Job Title: Back Office In-Charge / Operation Head

Department: Operations

Location: Vadodara

Key Responsibilities

Leadership & Team Management

• Lead and supervise the entire Operations team, fostering a culture of accountability, ownership, and continuous process improvement.
• Ensure seamless coordination among sub-teams responsible for Risk, RMS, Margins, Back Office, and Trade Settlement functions.

Risk & Margin Management

• Monitor exchange margin utilization, exposure limits, and trading risk parameters to safeguard company interests.
• Implement strategies to minimize exchange penalties and reduce interest burdens.
• Conduct real-time checks on client exposure and communicate margin requirements promptly.

Back Office Operations

• Oversee daily trade settlements, fund and securities reconciliation, DP operations, and reporting activities.
• Ensure accuracy and timely processing of all back-office tasks with minimal errors.

Margin Trading Facility (MTF) Management

• Maintain robust processes and documentation for MTF activities.
• Monitor client-wise exposure and ensure strict compliance with SEBI and Exchange guidelines.

Regulatory Compliance & Audits

• Ensure full compliance with SEBI, NSE, BSE, MCX, and NSDL regulations.
• Coordinate with regulatory authorities for inspections, audits, and routine data submissions.
• Lead the implementation of new compliance measures with minimal disruption to business operations.

Stakeholder Coordination

• Liaise with Exchanges to resolve operational queries and system updates.
• Collaborate closely with Business Heads to align operations with business objectives.
• Provide MIS reports, dashboards, and actionable insights to senior management for informed decision-making.

Process Improvement & Automation

• Identify opportunities for process enhancements to improve turnaround times and enhance client experience.
• Champion the adoption of automation and digital tools within the operational workflow.

Proactive Risk & Compliance Initiatives

• Stay updated on regulatory circulars, alerts, and advisories to ensure proactive compliance.
• Drive risk mitigation and compliance best practices across the Operations team.

Qualifications

• Minimum Graduate degree

Experience

• At least 5 years of relevant experience in operations management, preferably within financial services or securities firms