Manish Joshi

• Handling all latest regulatory developments prescribed by SEBI/Exchanges for all products Cash Equities/Derivatives/Currency.
• Regularly interacts with regulators and peers to understand the impact of regulatory changes in day-to-day activities.
• Keep Business and Clients apprised of all new updates and developments in India Market.
• Interacts with internal technology team, as well as vendors, for system developments as required by business, clients, regulators, etc.
• Conduct frequent training sessions for cross-functional teams to provide them insights on risk management as well as clearing and settlement functions across all products.
• Handles audits and inspections by Internal Auditors as well as by regulators.
• Keep recommending SEBI ,Exchanges and CC's on any upcoming regulatory changes floated via consultation papers.
• Coordinates with client's custodian in case of escalations like high-value trades getting converted to DVP, Auction/Closeout of trades, if any, etc.
• Coordinates with PCM's/Clearing members in case of any breach observed, such as peak margins, BAN violation, Position Limit Breach, etc.

Key Responsibilities: Derivatives, Currency Segment, Cash Equities.

Front Office:

• ·Position Monitoring of Institutional Clients (like FPI’s/MF’s) as per guidelines stipulated by the regulatory authorities.
• Monitoring of requisite margins of clients as required by exchanges.
• Continuous interaction with clients for fund transfers and other related queries.
• Handling front office and regional queries, and updating them about position limits.
• Liaising with regulatory bodies - NSCCL, NSE, MCX-SX, MCX-SX CCL.
• Reconciliation and confirmation of trades with the exchange pertaining to our clients as per stipulated timeliness.

Risk management of clients is done through RMS software called Precision, which is designed and developed by TCS.

Back Office:

• Preparation of daily End of Day Reports containing clients' trades, position details, and available funds.
• Settlements of trades on T+1 basis which includes pay-in and pay-out of funds to NSCCL.
• Maintenance of accounts (ledgers, account reconciliation) for all clients.
• Regulatory Reporting to Exchange on a daily basis.

Job Profile:

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Nuvama Wealth Management (Former Edelweiss Securities Ltd.) The company is registered as a trading cum clearing member in the FNO Derivatives/Currency segment in NSE, MCX-SX, and BSE. It acts as a trading member in the Equity segment of NSE, MCX-SX, and BSE.

Key Responsibilities: Derivatives/Currency Segment,

• Position Monitoring/Margin Monitoring:- Handled complete Risk Management of Institutional clients (like FPI's/ MF’s etc) and non-Institutional clients like Domestic body corporate .
• Interacting with them to understand requirements and get it developed in the system.
• · Systems used were for RMS it was “Protector” designed and developed by Financial Technologies (India) Ltd. and Back-office activities were done through applications called “CLASS” and LD (Lidha-Didha).

Back Office:

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· Preparation of daily End of Day Reports containing Clients trades, Position Details and available funds.

· Settlements of trades on T+1 basis which includes pay-in and pay-out of funds to NSCCL.

· Maintenance of accounts (ledgers, account reconciliation) for all clients.

Back Office operations include reporting to clients, which is generated.

by software called ‘MATCH’ which is developed by Financial Technologies (India) Ltd.

Job Profile:

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ICICI Bank is a Professional Clearing Bank (PCM) for derivatives trades

for the National Stock Exchange (NSE) and BombayStock Exchange (BSE)

ICICI Bank mainly caters to FIIs and Mutual Funds, and is the market leader.

in this segment.