Career Guideline
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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