Senior Associate - Back Office Settlement | Upstox Jobs
Senior Associate - Back Office Settlement
Location: Mumbai
Upstox Mission & Values

To make every Indian a financially Independent individual. Upstox's values are: Customer First, Ownership and Collaboration

The Upstox Story:
 
Upstox is one of India's leading Fin-Tech companies with a mission to simplify trading & investing to make it easily accessible to the masses. We aim to enable everyone, from new investors to seasoned traders, to invest across multiple categories with our state-of-the-art trade & investment platform and commission-free pricing. We offer numerous asset categories to invest in, like Stocks, IPOs, Mutual Funds, and more. 
 
By focusing on our customers’ needs and equipping them with personalized yet powerful tools, we witnessed a steep growth of 800% in our customer base from 25 Thousand in 2017 to 2 Lakh in 2019. With 1500% growth in 2020, currently, over 11 million customers trust us with their investment decisions, thus setting us on the course to become an industry-leader in the country.
 
Our mission is simple - to break down the complexities of investing and make it more effortless, accessible, affordable, and easy for the masses to adopt. This key principle when infused with intuitive design and leading-edge technology will help us empower every Indian to take control of their investments.

RKSV Securities was founded by Ravi Kumar and Shrinivas Viswanath in 2009 and was soon graced by Kavitha Subramanian as the third co-founder in 2016. Backed by Ratan Tata, Upstox had raised $4 million in Series A funding in early 2016 that was led by Kalaari Capital. The Series B funding round scaled multifolds and witnessed an investment of $25 million by US-based investment firm - Tiger Global Management in September 2019.
 
 
We have a team of highly skilled technology and finance professionals, and are currently looking for highly motivated field experts to be part of our high-energy team.

Position: Sr. Associate - Settlement

Roles & Responsibilities:

. Responsible for Retail Trade Settlement / Managing Equity Payin Payout of Shares
 Auction Settlement & Closeout
. Corporate Action handling – Identification of clients eligible to receive Corporate Action benefits and on time distribution of the same to such eligible clients (Dividend / Bonus / Split / Sub-Division / Merger / Demerger)
. Processing of Shares Pledge / Unpledge request from Clients
. Testing & implementation of changes in Backoffice system
. Managing regulatory reporting requirements
. Reconciliation of Demat Holding of Pool Account / CUSA Account and other Demat Accounts
. Handling client queries / audit queries / inspection queries
. Liaising with colleagues and other teams to resolve issues and drive system enhancements
. Candidate should have strong basic knowledge of Excel
 
Skills required:
 
·       Candidate should be well versed with Retail trade settlement of all products available in Capital Market
·       Candidate should be a team player and self-motivated to drive for excellence
 
 Psst… tips on how you can beat the competition:
 
If you can showcase your abilities to:
·    Be self-driven / quick starter
·     Have an ownership mindset
·     Aggressively drive and deliver results
 
If you fit the above description, we would love to connect with you! APPLY NOW
 
A basic requirement but one that many forget: Make sure you go through our websitedownload our app and give us feedback!

Working at Upstox

Overall Culture Score

4.5/5

CEO Score

Ravi Kumar
Top
5%

Ravi Kumar
Top 5% of Similar Sized Companies on Comparably

Reviews from current employees

We work as a family.
Its best in the industry
Learning something new everyday here

Videos

Diversity at Upstox

Top
50%

Gender Score

As rated by current employees on Comparably

Top
25%

Diversity Score

As rated by current employees on Comparably

Perks and Benefits

Health & Wellness
Health Insurance
Life Insurance
Gym Membership / Reimbursement
Paid Time Off
PTO / Vacation Policy
Paid Holidays
Maternity / Paternity Leave
Financial Benefits
Performance Bonus
Employee Stock Purchase Plan
Office Perks
Work From Home Policy
Unique Office Space

eNPS

44
eNPS Score
56%Promoters
32%Passive
12%Detractors

Upstox's Employee Net Promoter Score (eNPS) is 44, as rated by 124 employees. This means 56% of Upstox employees would encourage their friends to become coworkers today.

3 Cool Reasons to Work at Upstox

  1. Our employees say, there are ample complex problems to solve and now is just the beginning!
  2. Upstox provides a great platform to learn and implement your learning.
  3. The sense of ownership given to employees makes us feel belonged!