Job Description

Make your mark in the world of equity operations, where every trade you touch moves markets forward. This is a senior opportunity to build and apply deep expertise in trade lifecycle management within the Indian market, while collaborating with global teams and industry partners. You'll operate at the intersection of financial markets and technology, driving process innovation and leading strategic projects.

As a Senior Associate in Cash Equity Operations India Branch, you will be a key pillar of our Broking Operations team, overseeing trade contracting and trade settlement functions specific to the Indian equity market. You will work directly with clients, custodians, Indian exchanges (BSE/NSE), depositories (NSDL/CDSL), and global desks to ensure every trade moves seamlessly from execution to settlement. This is a hands-on senior role where your deep market knowledge, analytical skills, stakeholder coordination, and process improvement mindset will make a real and measurable impact.

Job Responsibilities

Manage broking operations encompassing trade contracting and trade settlement functions, ensuring accuracy and timeliness across the end-to-end trade lifecycle in the Indian market context.
Interface with clients, custodians, exchanges (BSE/NSE), depositories (NSDL/CDSL), banks, and overseas desks to facilitate proper trade processing and settlement, building productive working relationships that drive mutually beneficial outcomes.
Prepare and send trade confirmations to clients, ensuring proper documentation and adherence to SEBI regulations, exchange-specific requirements, and internal standards.
Oversee trade settlement and accounting processes, including bank accounting and reconciliation of ledgers through detailed investigation using various systems and tools, contributing to the accuracy and integrity of financial data.
Prepare and deliver management information reporting to support business decision-making and operational transparency.
Respond to regulator and client-related queries within required service-level agreements, ensuring compliance with SEBI, BSE, NSE, and other applicable Indian regulatory frameworks, and escalating issues as necessary.
Handle exchange reporting requirements, ensuring timely and accurate submissions in line with Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and other regulatory obligations.
Contribute to the review and improvement of end-to-end trade lifecycle processes, applying process improvement methodologies to optimize operations within the Indian broking environment.
Support strategic projects in partnership with product, technology, and change management partners, ensuring seamless adoption of new processes and technologies.
Identify and manage risk issues and exceptions above materiality thresholds, driving timely resolution and maintaining a strong control environment aligned with Indian regulatory standards.
Perform root cause analysis for respective clients to increase straight-through processing rates and reduce client inquiries.

Required Qualifications, Capabilities, And Skills

Bachelor's degree in Business, Commerce, or a related discipline.
Minimum 8 years of experience in stock broking operations, including trade contracting, settlements, trade and bank accounting, exchange and bank reconciliations, and liaising with banks, custodians, exchanges, and depositories.
Mandatory: Thorough, hands-on knowledge of the Indian stock market, including BSE and NSE operations, SEBI regulatory framework, Indian trade lifecycle, and depository systems (NSDL/CDSL). This is a non-negotiable requirement for this senior role.
Mandatory: Demonstrated experience with India-specific broking operations, reconciliation rules, exchange reporting obligations, and custody coordination within the Indian market.
Strong communication skills with the ability to coordinate effectively across clients, custodians, exchanges, overseas desks, and internal stakeholders.
Ability to manage high volumes and competing priorities while maintaining discipline and attention to detail in a deadline-driven environment.
Proficiency in Microsoft Word, Excel, and Access, with comfort working with data and reporting tools.
Self-motivated with the ability to learn quickly and a strong risk and control mindset.

Preferred Qualifications, Capabilities, And Skills

Experience with data and automation tools such as Tableau, Alteryx, UiPath, or similar platforms.
Exposure to cross-border settlement processes and coordination with global desks on India-linked trades.
Familiarity with emerging regulatory developments in the Indian capital markets space.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants and employees religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Senior Cash Equity Operations - India Branch - Associate