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.