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Operational Oversight Specialist
3 days ago
The role involves overseeing various operational tasks.
This includes supervising daily Mark to Market (MTM) activities and verifying calculations. Ensuring accuracy is critical in this process, as it directly affects the company's financial performance.
Maintaining a high level of organizational efficiency requires the Assistant Manager to oversee Market Operations. This includes setting new futures contracts, market timings, settlement calendars, and disseminating margin calls to relevant stakeholders. Effective communication and coordination are essential in this role.
The Assistant Manager must also reconcile capital gain tax with NCCPL on a monthly basis and process payments. Additionally, they need to reconcile capital gain processing charges with NCCPL and process payments accordingly. Accurate and timely reconciliation is crucial to maintaining healthy relationships with external parties.
In addition to these responsibilities, the Assistant Manager verifies members' ledgers daily to ensure accurate trading activity, margins, and cash balances are reflected. This requires attention to detail and a strong understanding of financial systems.
The Assistant Manager prepares asset/liability reconciliation reports on a monthly basis, which provides valuable insights into the company's financial position. They also compile monthly Management Information System (MIS) reports, which helps in making informed business decisions.
Effective communication and coordination are key skills required for this role. The Assistant Manager must be able to work closely with internal teams and external partners to achieve common goals. Assist in documenting policies and standard operating procedures, and implement improvements as needed.
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