India Broking Equity & Currency Derivatives Operations (Futures & Options) - Analyst

India Broking Equity & Currency Derivatives Operations (Futures & Options) - Analyst

Join JPMorgan Chase’s Corporate & Investment Bank (CIB) Operations team in Mumbai and play a key role in broking operations for Cash Equity and Equity & Currency Derivatives (Futures & Options). As a Trade Lifecycle Analyst within the Corporate and Investment Banking Operations team, you will manage the full trade lifecycle—from trade contracting and confirmations to clearing, settlement, reconciliations, and regulatory reporting.

Job responsibilities

• Manage end-to-end broking operations for Equity & Currency Derivatives (F&O), including trade contracting, clearing, and settlement.
• Execute operational controls such as margin and position limit monitoring, margin utilization, and exception management, escalating issues as needed.
• Coordinate with clients, custodians, clearing members, exchanges (BSE/NSE), depositories, banks, and overseas desks to ensure smooth trade processing and resolve issues.
• Prepare and send trade confirmations, ensuring documentation meets internal and regulatory standards.
• Perform trade settlement and accounting activities, including bank accounting, ledger review, and break investigation.
• Prepare management information and operational reports for internal use.
  Handle exchange, SEBI, and statutory reporting, ensuring timely and accurate submissions.
• Respond to regulatory and client queries within agreed timelines, escalating as required.
• Perform reconciliations for positions, P&L, trial balance, and cash/ledger.
• Drive root cause analysis for recurring issues to improve straight-through processing and reduce client inquiries.
• Contribute to process reviews and support strategic initiatives to implement new processes and technology.
  

Required qualifications, capabilities, and skills

• Bachelor Degree
• Minimum 3 years of experience in stock broking operations, including trade lifecycle, settlement, accounting, and reconciliations.
• Strong understanding of India broking regulations and exchange frameworks (BSE/NSE), with knowledge of derivatives (future & options).
• Good accounting knowledge and hands-on experience investigating breaks and maintaining data integrity.
• Strong communication and stakeholder management skills.
• Ability to work under pressure, manage high volumes, and meet deadlines with accuracy and discipline.
• Strong risk and control mindset, ownership, and ability to learn quickly.
• Proficiency in Microsoft Excel and Word
  

Preferred qualifications, capabilities, and skills

• Proficiency in Microsoft Excel and Word; experience with data/reporting tools (e.g., Tableau, Alteryx, UiPath) is a plus.
• Understanding of India broking stock exchange operations, trade lifecycle, reconciliation rules, and custody coordination.

Experience Level