PMS DEALER

About the Role

We are hiring a PMS Dealer to manage trade execution, compliance, and portfolio operations for our PMS desk. The role involves executing equity and derivative trades, ensuring SEBI compliance, managing settlements, and supporting client reporting. Ideal for someone with 3+ years of experience in PMS or equity dealing, strong regulatory knowledge and a sharp eye for execution accuracy.

Key Responsibilities

Trade Execution & Order Management

• Execute buy/sell orders for PMS portfolios across equity, derivatives, and debt
  instruments.
• Manage block deals and bulk orders.
• Monitor market liquidity, impact cost, and best execution practices.
• Coordinate with fund managers for the timely implementation of investment decisions.

PMS Compliance & Regulatory Adherence

• Ensure 100% compliance with SEBI (PMS) Regulations, 2020
• Monitor client-wise position limits, exposure norms, and risk thresholds.
• Maintain trade logs, audit trails, and timestamp records as per SEBI requirements.
• File monthly/quarterly reports with SEBI and internal compliance teams.

Portfolio Operations & Settlement

• Handle corporate actions (dividends, splits, mergers) for PMS holdings.
• Reconcile daily trades with custodians and brokers.
• Manage margin requirements for derivative positions.
• Oversee SIP/STP/SWP executions in PMS portfolios.

Client Reporting & Communication

• Generate daily trade confirmations for clients.
• Prepare monthly portfolio statements with performance attribution.
• Address client queries on executions, settlements, and corporate actions.

Risk Management

• Monitor counterparty risk with brokers.
• Flag unusual trading patterns to the compliance team.

Must-Have Skills & Experience

Deep understanding of the financial market. Previous experience using trading execution tools like Odin/Noren.

Preferred Qualification:

Graduate/Postgraduate in Finance –
• 3+ years of experience in PMS dealing/equity trading.
• Strong track record in execution quality and error-free trading.
• Knowledge of markets.