Operations Analyst at Norrenberger Financial Group

Job Summary:

The candidate will be responsible for the day-to-day management of activities pertaining to jobbing, allotment and Inter-member and shares transfer. The talent must possess details-oriented approach to work, analytical skills, and experience in Equity market. The candidate must have good knowledge of Risk Management approach in line with regulations and understand organizational standard of Norrenberger Securities.

Internal Responsibilities:

• Trade Processing and Settlement: Ensure accurate and timely processing of all trades, including order entry, order matching, trade execution, and trade settlement.
• Account Maintenance: Maintain, and close customer accounts, ensuring compliance with all regulatory requirements.
• Corporate Actions Processing: Handle corporate actions, such as dividends, stock splits, and mergers, ensuring that customer accounts are updated accordingly.
• Reconciliation: Perform daily, weekly, and monthly reconciliations of all accounts and transactions, ensuring that all records are accurate and complete.
• Regulatory Compliance: Comply with all applicable laws, regulations, and industry standards related to stockbroking operations.
• Risk Management: Implement and monitor risk management procedures to identify, assess, and mitigate operational risks.
• Additional Activities: Processing of global search, intermember transfers, change of name & correction of name requests, account consolidation request, Allotment. processing etc.

External Responsibilities:

• Liaise with clients and external stakeholders to resolve account-related issues and provide account updates.
• Work with clearinghouses, custodians, and other financial institutions to ensure the smooth flow of transactions.
• Respond to regulatory inquiries and provide information to regulators as needed.
• Attend industry events and conferences to stay up to date on the latest developments in the stockbroking industry.

Requirements:

• Bachelor’s degree in economics, Accounting, or other related numerate discipline.
• 1 - 3 years in the equity market is desirable.
• Membership of a relevant Professional Body is desirable.
• Proficiency in Microsoft Suite.
• High sense of ownership, autonomy, and self-motivation.
• Problem solving skills.
• High level of integrity and transparency in personal dealings
• Strong customer and service orientation