1. Requirement Gathering:
o Collaborate with stakeholders (internal teams, clients, and regulators) to gather, document, and analyse business requirements.
o Understand the firm's stockbroking operations, including trading platforms, compliance systems, back-office processes, and client interactions.
2. Process Improvement:
o Analyses and evaluate existing processes related to stockbroking, such as order management, risk management, settlement, and reporting.
o Identify inefficiencies and propose solutions to streamline workflows, reduce costs, and improve overall productivity.
3. System Implementation and Support:
o Work closely with IT teams to implement new software solutions or enhance existing systems (trading platforms, risk management systems, etc.).
o Conduct system testing (UAT) to ensure changes align with business requirements.
o Provide post-implementation support and ensure a smooth transition for users.
4. Data Analysis and Reporting:
o Perform data analysis to support business decisions, focusing on market trends, trading performance, client behaviour, and operational performance.
o Develop and maintain dashboards and reports that provide actionable insights to business heads, risk managers, and compliance teams.
5. Compliance and Regulatory Alignment:
o Ensure all business processes and technological changes comply with regulatory requirements set by SEBI, exchanges (NSE, BSE), and other regulatory bodies.
o Assist in regulatory reporting and audits.
6. Client and Stakeholder Communication:
o Act as the liaison between business teams, clients, and technical teams, ensuring effective communication and alignment of goals.
o Address client queries related to stockbroking products, trading systems, and processes.
7. Market Research and Strategy:
o Stay updated with industry trends, new technologies, and regulatory changes in the stockbroking industry.
o Provide insights on how the firm can leverage emerging technologies (AI, blockchain, algorithmic trading) to stay competitive.
8. Project Management:
o Lead or assist in project management for new initiatives, including platform upgrades, system integrations, and process overhauls.
o Create detailed project plans, track progress, and ensure timely delivery within budget.
Required Skills:
• Analytical Skills: Ability to analyse complex business processes, market trends, and trading data.
• Knowledge of Financial Markets: Understanding of stockbroking operations, financial instruments (equities, derivatives, bonds), and trading regulations.
• Technical Skills: Familiarity with stockbroking platforms, trading systems, and relevant financial software.