Vice President / Sr. Vice President - Market Watch

Position : Vice President / Sr. Vice President - Market Watch

Key Accountabilities :

• Managing and ensuring smooth trading operations including Beginning of Day (BOD) and End of Day (EOD) activities including maintenance of system parameters in core trading and integrated downstream systems at Primary site (Mumbai) and BCP Split site (Jaipur)
• Ensuring error free contract launch and expiry cycle of futures and options contracts
• Ensuring compliance towards daily checklist, operational policy and SOPs
• Sanctioning of Hedge limits to hedgers and monitoring their periodical compliance with the hedge policy.
• Ensure compliance of Algorithm guidelines issued by the Regulator by members enabled for algorithmic trading.
• Monitor member terminal status based on risk management and compliance requirements
• Designing operational flow of new derivative products and ensuring smooth rollout of new functionalities in Trading system and downstream system
• Enhancing operational control through automation and timely reconciliations of various master and transaction data
• Monitoring and updating the Business Continuity Plan and Disaster Recovery Policy (BCP & DR) of the Exchange. Coordinating BCM Committee meetings and ensuring BCP compliance
• Coordinating with the Regulator, ensure submission of timely and accurate information and implementing changes as per SEBI directives.
• Managing teams at Primary and Disaster Recovery site through advance planning, scheduling and effective coordination for operational efficiency.
• Participation and effectively driving various projects in coordination with other Exchanges and Regulator.
• Managing Computer to Computer Link (CTCL) software empanelment and approval, including periodic review of applicable regulatory guidelines, controls, database management.
• Handling Lease Line operations, including commission of lease lines based on member request or internal Exchange requirement.
• Ensuring process access management for members through user id management, proprietary enablement based on member request, document management etc.
• Providing functional requirement, setting up of operational process, recruitment of team, conduct testing etc of other segments like Equity and Equity Derivatives segment
• Engage, Develop and Retain the team

Educational Qualification : Chartered Accountant / Post graduate in management from reputed university / institution

Experience : Min. 15 years of experience in commodity market, Securities market, Banking & financial services

Skills Required : Proficiency in Derivatives market

Functional Competencies required :