HSBC

1 week ago

Vice President Brokerage Operations

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 3 hours agoStatus: Live

Job Summary

Manage day-to-day broking back-office operations across trading support, clearing & settlement, risk operations, depository (DP), reconciliations, and client service. Ensure timely settlements, accurate reconciliations, strong controls, and regulatory compliance with SEBI, exchanges, depositories, and clearing corporations. Partner with Technology, Compliance, Finance, and front-office teams to maintain operational stability, support regulatory/audit reporting, and drive incremental automation and process improvements.

Location: Mumbai

Workplace: Onsite

Employment Type: Full time

Job Function: Executive & General Management

Seniority: Sr. Director level

Key Responsibilities

•Manage daily clearing and settlement activities with NSE Clearing and BSE Clearing, ensuring timely fund flows and demat deliveries.
•Oversee margins, collateral, and risk operations including MTM/exposure monitoring, limit breach controls, and escalation with root-cause and fix plan.
•Own daily/periodic reconciliations across exchange, client ledger, bank, depository, and settlement reconciliations; ensure maker-checker controls and documentation.
•Oversee client lifecycle and service operations, including onboarding/activation/modifications and investor grievance handling aligned to SEBI timelines and SCORES.
•Prepare and support regulatory reporting and audits, including operational inputs for filings, audit responses, evidence packs, and maintaining current SOPs/process notes.

Key Requirements

•Graduate in Commerce, Finance, Business Administration, or Engineering; MBA or equivalent preferred.
•Minimum 10+ years in stock broking operations, clearing, or depository functions.
•Deep functional knowledge of NCL and ICCL settlement processes, reconciliation, risk operations, collateral management, reporting, and back-office accounting software.
•Mandatory NISM Series VII: Securities Operations and Risk Management.
•Good-to-have: NISM Series-VIII (Equity Derivatives), NISM Series-XXIV (AML and CFT Provisions), and NISM Series-VI (Depository Operation).

Experience:10+ yearsStock brokingClearingDepositoryFinancial servicesBrokerage operations

Education:

Skills:Attention to detailOperational resilienceStakeholder managementRisk managementWorking under strict deadlines

Certifications:NISM Series VII - Securities Operations and Risk ManagementNISM Series-VIII: Equity DerivativesNISM-Series-XXIV: AML and CFT ProvisionsNISM Series-VI: Depository Operation

Tech Stack:OMSRMSBOUATSCORESAI-enabled tools

Company Brief

HSBC

Global banking and financial services organisation offering retail, commercial, corporate and investment banking, wealth management, and global markets services across Europe, Asia, the Americas and the Middle East.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1865

Glassdoor: 3.6

Website LinkedIn

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HSBC

1 week ago

Vice President Brokerage Operations

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 3 hours agoStatus: Live

Job Summary

Location: Mumbai

Workplace: Onsite

Employment Type: Full time

Job Function: Executive & General Management

Seniority: Sr. Director level

Key Responsibilities

•Manage daily clearing and settlement activities with NSE Clearing and BSE Clearing, ensuring timely fund flows and demat deliveries.
•Oversee margins, collateral, and risk operations including MTM/exposure monitoring, limit breach controls, and escalation with root-cause and fix plan.
•Own daily/periodic reconciliations across exchange, client ledger, bank, depository, and settlement reconciliations; ensure maker-checker controls and documentation.
•Oversee client lifecycle and service operations, including onboarding/activation/modifications and investor grievance handling aligned to SEBI timelines and SCORES.
•Prepare and support regulatory reporting and audits, including operational inputs for filings, audit responses, evidence packs, and maintaining current SOPs/process notes.

Key Requirements

•Graduate in Commerce, Finance, Business Administration, or Engineering; MBA or equivalent preferred.
•Minimum 10+ years in stock broking operations, clearing, or depository functions.
•Deep functional knowledge of NCL and ICCL settlement processes, reconciliation, risk operations, collateral management, reporting, and back-office accounting software.
•Mandatory NISM Series VII: Securities Operations and Risk Management.
•Good-to-have: NISM Series-VIII (Equity Derivatives), NISM Series-XXIV (AML and CFT Provisions), and NISM Series-VI (Depository Operation).

Experience:10+ yearsStock brokingClearingDepositoryFinancial servicesBrokerage operations

Education:

Skills:Attention to detailOperational resilienceStakeholder managementRisk managementWorking under strict deadlines

Certifications:NISM Series VII - Securities Operations and Risk ManagementNISM Series-VIII: Equity DerivativesNISM-Series-XXIV: AML and CFT ProvisionsNISM Series-VI: Depository Operation

Tech Stack:OMSRMSBOUATSCORESAI-enabled tools

Company Brief

HSBC

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: London, United Kingdom

Founded: 1865

Glassdoor: 3.6

Website LinkedIn