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OTC brokerage payable

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OTC brokerage payable

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OTC brokerage payable

2 months ago

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Important information


Contract type:

Permanent

Salary:

₹500,000 – ₹1,000,000 / year

Location:

Bengaluru, Karnataka, India

Work mode:

Onsite

Published on:

12 August 2026

What they need


OTC brokerage payable Role SME/ SPE

Skill OTC brokerage payable

Experience 2-9 years

Open Positions

  • SME up to 10 LPA
  • SPE- up to 6.5 LPA(Please set an expectation with the candidates that a standard of 30 -40% hike can be given on their last drawn fixed CTC.)
  • Location Pune/ BLR
  • Notice period 0-90days

Roles and Responsibilities

  • Ensure accurate management of daily reconciliations of brokerage trades and brokerage calculation with Hands-on experience in the process.
  • Exception management, including timely escalation of discrepancies to appropriate stakeholders, follow up and ownership through to resolution
  • Have required communication with Recon team for better understanding of their workflow and making reporting process more efficient
  • Ensure all SLA/KPI as agreed with Client is met with 100% accuracy and timeliness
  • Manage the broker relationships with timely responses to their queries and settling the outstanding brokerage within agreeable period
  • All reports to be prepared accurately and submitted on time as per timelines agreed with client.
  • All exceptions are tracked and escalated as per timelines agreed.
  • EOD checklists are reviewed and saved on daily basis
  • Ensure you are aware & trained on all activities/reports in the team with no dependency on Client and team.
  • Zero escalations from brokers for inadequate response.
  • Have regular interactions and review meetings with Client
  • Identify areas of improvement and propose solutions & Ensure any and all change in the process is reported and documented.
  • Assist TL/Management in any adhoc requests and support during their absence.

Required Skills

  • Experience in OTC Brokerage Reconciliation process
  • Strong knowledge of the OTC market, derivative products like (FX, Options, IRS, CCS, Repos, FXO, PMO{Precious metal options} PM {Precious metal} ) and operating conventions
  • Excellent MS Excel/Word skills
  • Effective communication skills to manage broker/client
  • Ability to work with team and demonstrate the positive influences among peers
  • Proven ability to work effectively within strict deadlines
  • Flexibility to work as per business requirements.

Interested candidates can apply/share their profiles for consideration.

HR Javeed S @ 8828153744/ [email protected] and also refer to the people who are seeking for job

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