Associate - trade processing

Job Description – Trade Processing & Custody Operations (Freshers can also apply)

Role Summary

The Trade Processing Manager is responsible for managing end-to-end trade processing, custody operations, exchange settlements, billing, regulatory reporting, reconciliations, and operational controls across Equity, Currency, Commodity, Custody segments. The role ensures seamless execution of post-trade activities, regulatory compliance, operational efficiency, stakeholder management, process automation, and continuous process improvements.

Key Responsibilities

Trade Processing & Exchange Operations

Lead and manage day-to-day trade processing activities for Equity, Currency, Commodity, Institutional, Custody segments. Ensure all trades executed during the trading day are accurately captured, validated, processed, settled, accounted for, and reported within defined timelines. Monitor trade lifecycle from execution through settlement while ensuring adherence to exchange and regulatory guidelines. Verify daily exchange obligations and reconcile settlement data with exchange records. Ensure timely completion of pay-in/pay-out obligations and settlement activities.

Custody Operations

Oversee end-to-end custody trade processing for custodian clients. Coordinate with Custodians for timely trade confirmations, affirmation, settlement instructions, and exception resolution. Ensure timely STP (Straight Through Processing) upload of custodian clients trades. Monitor and resolve STP exceptions, unmatched trades, and settlement failures. Coordinate with Custodians, Clearing Members, Depositories, and internal teams to ensure smooth settlement. Manage DVP (Delivery Versus Payment) settlement processes and ensure timely execution. Track settlement status and proactively resolve trade and settlement discrepancies. Ensure compliance with custodian client SLAs.

Contract Notes & Billing

Oversee generation and dispatch of daily Contract Notes and Bills through electronic and physical modes. Ensure Contract Notes are generated accurately and duly authorized as per regulatory requirements. Manage monthly reconciliation of exchange charges and provide validated data to the Finance & Accounts team. Monitor brokerage billing, exchange charges, and operational revenue reporting.

Margin Reporting & Regulatory Reporting

Ensure timely reporting of margin collection files to Stock Exchanges for Equity, Currency, and Commodity segments. Perform reconciliation of exchange margin reporting and penalty reports. Monitor daily margin reporting compliance and maintain MIS. Ensure adherence to Exchange, SEBI, Clearing Corporation, and Depository guidelines.

Reconciliation & MIS

Perform reconciliation of: Exchange obligations Custody settlements Margin reporting Billing and exchange charges Trade confirmations DVP settlements Maintain operational MIS relating to: Trade processing Margin reporting Transaction modifications Brokerage changes Exchange penalties Operational KPIs Custody operations Generate periodic management reports and operational dashboards.

Audit, Compliance & Risk Management

Coordinate with Compliance, Internal Audit, Statutory Audit, Exchange Inspection, and Regulatory teams. Provide operational data, reconciliations, and supporting documents during audits. Ensure timely closure of audit observations and implementation of corrective actions. Strengthen operational controls to mitigate operational and regulatory risks. Ensure compliance with SEBI, Stock Exchange, Depository, and Custodian guidelines.

System Enhancement & Process Automation

Coordinate with IT teams and software vendors for: Exchange-mandated system upgrades New process implementation STP enhancements Process automation Error rectification System maintenance Maintain operational reports and ensure timely implementation of system enhancements. Identify opportunities for automation and operational efficiency improvements.

Key Skills & Competencies

Strong knowledge of Equity, Currency, Commodity, Custody Operations. In-depth understanding of Exchange Settlement, Clearing Corporation processes, DVP settlement, Custodian Operations, STP processing, Trade Lifecycle. Expertise in Trade Processing, Contract Note generation, Billing, Margin Reporting, and Exchange Reconciliation. Sound knowledge of SEBI, Exchange, Depository, and Custodian regulations. Experience in Operational Risk Management, Audit Coordination, and Regulatory Reporting. Strong analytical, reconciliation, and problem-solving skills. Excellent stakeholder management and cross-functional coordination abilities. Proven experience in process automation and operational excellence. Strong leadership, people management, and communication skills.

Preferred Qualifications

Bachelor's or Master's degree in Commerce, Finance, Accounting, or Business Administration. NISM VIII – Risk and Operational module certification required.

Experience

0 to 3 years of experience in Capital Market Operations, Trade Processing, Custody Operations, Exchange Settlements, and Regulatory Reporting.