Job Purpose
Monitor position and intimate Branches/BPs of the shortfall and Debit in clients account by region wise. Follow up on MTM losses in client’s account. Exception handling and to support Branches on RMS process for Trading activities.
Job Context & Major Challenges
Aditya Birla Money Ltd. (ABML) is primarily a Broking Company, deals in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of in excess of 3 lacs. Commodity operations are managed through its 100% subsidiary Aditya Birla Commodities Broking limited. ABML is one of the leading securities trading companies in the country. ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. ABM works in a highly regulated setting with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating its day to day operations. In addition to the regulator ABML is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX / NSDL / CDSL etc.



ABML also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like ICICI Securities, HDFC Securities, Angel Broking, MOFSL etc. and a range of local Broking outfits.

Job Context:
Primary responsibility includes supporting Branches/Business partners by setting limits to clients as per the defined RMS process. Any deviation has to be taken forward to team Leader who will approve based on predefined approval matrix. Debtors arising out of various reasons have to be continuously followed with and any Shortfall to client’s account has to be intimated to the respective Branches/BPs. It’s also the duty of the executive to intimate RMS head on any request for process change from Branch’s behalf which can be done to enhance business without compromising on RMS policy

Major Challenges:

• Includes ensuring timely update to team members on product

📌 Assistant Manager (Guindy)
🏢 Financial services
📍 Guindy