Choice
Website:
choiceindia.com
Job details:
Job Description
Position: Back Office Executive – Stock Broking
Location: Mumbai
Experience: 2–3 years
Industry: Stock Broking
Job Summary
We are looking for an experienced Back Office Executive to handle day-to-day back-office
operations of a stock broking firm. The candidate should have hands-on experience in billing,
margin processes, collateral allocation allocation, and strong working knowledge of Excel.
Accuracy, process understanding, and coordination skills are essential for this role.
Key Responsibilities
Handling daily billing activities for Equity, F&O, Currency, and/or Commodity
segments
Monitoring and processing margin requirements as per exchange and internal risk
policies
Performing Collateral Allocation and ensuring accuracy in client-wise allocation
Reconciliation of trades, margins, bills, and client balances
Assisting in resolving client and internal queries related to billing and margins
Coordinating with front office, risk, accounts, and IT teams
Ensuring compliance with exchange, SEBI, and internal operational guidelines
Maintaining proper records and MIS reports
Required Skills & Qualifications
Minimum 2 to 3 years of experience in back-office operations with a stock broker
Strong knowledge of billing and margin processes
Good understanding of collateral allocation procedures
Excellent working knowledge of MS Excel (VLOOKUP/XLOOKUP, Pivot Tables,
formulas, reports)
Good communication skills (verbal and written)
Attention to detail and ability to work under deadlines
Preferred Skills
Experience with back-office software (Billing systems)
Exposure to Equity, Derivatives, and Commodity markets
Basic understanding of settlement processes
Key Attributes
Process-oriented and detail-focused
Team player with a proactive approach
Click on Apply to know more.