Broking Operations Lead

Date live: 06/02/2026 Business Area: Private Bank Processing Area of Expertise: Banking Operations Contract: Permanent Reference Code: JR\-0000099404 Join us as Broking Operations Lead where you will lead and manage the Broking Operations team responsible for trade processing and trade settlement activities, Oversee operational risk management, including position limits and margin utilization monitoring. Ensure adequate margin availability at exchanges for Trading Members (TM) and Clearing Members (CM). Coordinate with Front Office teams, client custodians, exchanges, and overseas desks to ensure efficient trade lifecycle management. Manage trade settlement, accounting, exchange reporting, security settlements, and MIS reporting activities. Ensure adherence to regulatory requirements relating to UCC, OTR, Pay\-in, Pay\-out, Margins, and other broking processes. Respond to regulator queries and support timely and accurate regulatory reporting submissions. Drive process excellence through automation, operational efficiency initiatives, and scalable solutions. Identify gaps in regulatory and procedural adherence and escalate issues appropriately. Manage operational risk events through ORAC reporting and issue remediation tracking. Foster a high\-performance culture through colleague engagement, skill development, cross\-training, and team leadership. To be successful in this role, you should: * Possess strong expertise in broking operations, trade processing, and settlement functions. * Demonstrate a comprehensive understanding of SEBI regulations and exchange guidelines applicable to stock broking firms. * Have excellent stakeholder management and communication skills, with the ability to influence across multiple levels. * Be highly analytical with strong problem\-solving and reporting capabilities. * Thrive in a fast\-paced, deadline\-driven environment while maintaining accuracy and control. * Exhibit strong leadership capabilities and a proactive approach to risk management and process improvement. Essential Skills / Basic Qualifications * Graduate or Postgraduate degree in any discipline. * Minimum 10 years of experience in Broking Operations. * Strong knowledge of trade settlement, clearing operations, depository operations, and securities processing. * Sound understanding of SEBI regulations and exchange\-prescribed guidelines for stock broking firms. * Experience managing operational risk, margin monitoring, and settlement processes. * Strong communication and stakeholder management skills. * Proficiency in Microsoft Excel, Word, and Access. * Ability to handle high volumes and work effectively under pressure. * Strong attention to detail, discipline, and operational control mindset. Desirable Skills / Preferred Qualifications * Experience in business process design, process re\-engineering, and operational transformation initiatives. * Strong understanding of operational risks, control frameworks, and mitigation strategies. * Experience implementing automation and process efficiency solutions. * Demonstrated ability to manage multiple priorities and deliver high\-quality outcomes. * Strong focus on excellence, resilience, and continuous improvement. * Knowledge of financial crime risk, governance frameworks, and regulatory compliance requirements. You may be assessed on the key critical skills relevant for success in this role, such as: * Broking Operations \& Trade Settlement * Securities Processing \& Depository Operations * Regulatory Compliance \& SEBI Frameworks * Risk Management \& Controls * Stakeholder Management * Process Improvement \& Automation * Leadership \& People Management * Problem Solving \& Decision Making Job Location is Mumbai, India **Purpose of the role** To support PBWM with day\-to\-day processing, reviewing, reporting, and issue resolution. **Accountabilities** * Support with day\-to\-day Private Bank and Wealth Management initiatives including processing, reviewing, reporting, and issue resolution with regards to accounts, products and services. * Support the management of the banks client relations to clearly identify their needs and provide a service that meets expectations. * Collaboration with teams across the bank to align and integrate Private Bank and Wealth Management processes. * Identification of areas for improvement and providing recommendations for change in Private Bank and Wealth Management processes. * Development and implementation of Private Bank and Wealth Management procedures and controls to mitigate risks and maintain operational efficiency. * Development of reports and presentations on Private Bank and Wealth Management performance and communicate findings to internal senior stakeholders. * Identification of industry trends and developments to implement best practice in Private Bank and Wealth Management Services. * Participation in projects and initiatives to improve Private Bank and Wealth Management efficiency and effectiveness. **Analyst Expectations** * To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. * Requires in\-depth technical knowledge and experience in their assigned area of expertise * Thorough understanding of the underlying principles and concepts within the area of expertise * They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. * If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others. * OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate. * Will have an impact on the work of related teams within the area. * Partner with other functions and business areas. * Takes responsibility for end results of a team’s operational processing and activities. * Escalate breaches of policies / procedure appropriately. * Take responsibility for embedding new policies/ procedures adopted due to risk mitigation. * Advise and influence decision making within own area of expertise. * Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct. * Maintain and continually build an understanding of how own sub\-function integrates with function, alongside knowledge of the organisations products, services and processes within the function. * Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub\-function. * Make evaluative judgements based on the analysis of factual information, paying attention to detail. * Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. * Guide and persuade team members and communicate complex / sensitive information. * Act as contact…