Position Name - Equity Dealer
Location - Mumbai
Experience Range - 5+years
Mandatory Requirement:
- Strong knowledge of Indian equity markets, trading mechanics, and PMS/AIF norms.
- Advanced Excel skills including Pivot Tables, VLOOKUP/XLOOKUP, conditional formatting, charting, data validation, macros/VBA (preferred)
- Accuracy, integrity, and ability to work under time-sensitive trading conditions.
- Excellent coordination skills with brokers, fund managers, and back-office teams.
- Familiarity with tools like Bloomberg, Reuters, NSE/BSE terminals is a plus
About the client:
The Company manages equity assets across PMS, AIF, and Advisory channels, including offshore funds It oversees assets under management and advisory of approximately 3600 Cr.
Job Roles and Responsibilities:
- Share trade instructions (buy/sell orders) with empaneled brokers as per fund managers direction.
- Track market activity, liquidity, and price trends during trading hours to support timely and informed execution.
- Coordinate with brokers to ensure prompt and efficient execution of trades with best possible pricing and minimal impact cost.
- Review and verify trade confirmation files received from brokers for accuracy in quantity, price, and execution time.
- Maintain proper records of dealer notes, broker conversations, and trade instructions (email or recorded lines).
- Prepare and share reconciled trade files with the Operations team for further processing and settlement.
- Ensure compliance with internal investment guidelines, SEBI PMS/AIF norms, and risk controls.
- Maintain relationships with key broker partners and stay updated on market intelligence and research insights.
- Track corporate actions, circuit limits, and stock-specific developments that may impact trading.
Qualification and Experience:
- Graduate/Postgraduate in Finance.
- NISM certifications (Equity Derivatives, Research Analyst) preferred.
- 58 years of experience in an equity dealing role on the buy-side (PMS, AIF, or similar setups).
