01Overview
Job Title: Head of Operations Organization:
Allvest Location: Kurla, Mumbai Department:
Operations Experience Required: 10+ Years (Wealth Management / Broking / Financial Services Preferred)
Role Overview
We are looking for an experienced and result-driven Head of Operations to lead and manage end-to-end operational functions including KYC, DP operations, fund settlement, trade settlement, security settlement, and billing operations. The ideal candidate will ensure smooth operational processes, regulatory compliance, and robust coordination between internal teams, Compliance & Risk teams, and external stakeholders.
Key Responsibilities
1. Operations Management
- Oversee day-to-day operations of:
o KYC Team
o DP Operations Team
o Fund Settlement Team
o Trade Settlement Team
o Security Settlement Team
o Billing Team
- Ensure all operational activities are completed within defined timelines.
- Implement process improvements to increase efficiency and accuracy.
2. KYC & Compliance Operations
- Monitor onboarding and KYC processes for new clients.
- Ensure strict adherence to regulatory requirements (SEBI / Exchanges /
Depositories).
- Manage audit readiness and documentation processes.
- Coordinate with compliance and risk teams when required.
3. DP & Settlement Operations
- Supervise DP operations including account opening, modifications, and closures.
- Oversee:
o Fund settlements
o Trade settlements
o Security settlements
- Ensure smooth coordination with exchanges, custodians, and depositories.
- Liaise closely with the Compliance and Risk teams to ensure operational
processes are aligned with regulatory and risk frameworks.
- Handle operational escalations and resolve issues promptly.
4. Billing & Operational Controls
- Oversee billing processes for clients and partners.
- Ensure timely and accurate invoicing.
- Monitor reconciliation processes and operational risk controls.
- Identify gaps in processes and implement corrective actions.
5. Team .
