NDPMS Dealer
We are seeking a detail-oriented and proactive Dealer to join our Non-Discretionary Portfolio Management Services (NDPMS) desk. You will be responsible for the efficient execution of equity trades, ensuring 100% accuracy in order placement, and maintaining rigorous post-trade documentation. This role is ideal for a candidate with a strong grasp of market mechanics and a zero-error mindset.
Key Responsibilities
- Trade Execution: Execute buy/sell orders in the Indian Equity markets across various terminals accurately and timely, as per instructions.
- Trade Reconciliation: Match actual executed trades with placed orders at the end of each session to ensure no slippage or errors.
- Data Management: Maintain and update daily trade sheets, transaction records, and portfolio data with high precision.
- Confirmation & Reporting: Provide timely trade confirmations to clients/fund managers and coordinate with the back-office for smooth settlement.
- Compliance: Adhere strictly to SEBI regulations and internal risk management policies during execution.
- Reporting: Prepare daily MIS reports and maintain historical data sheets using MS Excel.
Candidate Requirements
- Experience: 12 years of experience in equity dealing, stockbroking.
- Market Knowledge: Solid understanding of the Indian Equity Market, including Cash and F&O segments, and settlement cycles (T+1).
- Technical Skills: Proficiency in MS Office (especially Advanced Excel for data sheets) and familiarity with trading terminals.
- Certifications: NISM Series VIII (Equity Derivatives) certification is highly preferred.
- Soft Skills: Ability to remain calm under market pressure, high numerical aptitude, and excellent communication skills for trade confirmations.