Navi
Location
Bangalore | India
Job description
About Navi Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.
Founders: Sachin Bansal & Ankit Agarwal Know what makes you a “Navi_ite” : 1.Perseverance, Passion and Commitment • Passionate about Navi’s mission and vision • Demonstrates dedication, perseverance and high ownership • Goes above and beyond by taking on additional responsibilities 2.Obsession with high quality results • Consistently creates value for the customers and stakeholders through high quality outcomes • Ensuring excellence in all aspects of work • Efficiently manages time, prioritizes tasks, and achieves higher standards 3.Resilience and Adaptability • Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility Responsibilities: Execute the trades given by the fund manager for both domestic and international funds with precision and best price. The role is purely a trade execution role. Executing orders in manners consistent with best execution and risk management practices as well as internal policies and procedures. Prevent trading errors, timely confirm trades and co-ordinate with the back-office team for EOD operations with respect to the trades for the day. Provide regular updates to the fund manager regarding the market changes and source block & Securities Lending and Borrowing (SLB) deals whenever required. Track the funds cash position and other compliance issues related to equity dealing. Keep a check on limits to comply with internal investment policies Allocate business to various brokers as per ratings provided by the investment team and according to regulations. Periodically review the list of empanelled brokers and assist in empanelling new brokers to replace poorly rated ones. Maintain an information network with brokers to keep the investments team informed of any news flow and trade impact in portfolio names. Prepare various reports like VWAP report, limit check report and other regulatory reports. Function as a back-up debt dealer. Key Skills: Sound understanding of capital markets and trading strategies Strong grasp on market mechanics and fundamentals Quick execution of trades, ability to take, expand or liquidate positions quickly Strong networking & relationship building skills to create a strong network of brokers, traders and analysts.Job tags
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