ASHIKA STOCK SERVICES LIMITED

Regional Broking Head : North / South

Designation: Retail Broking Head (North & South)

Experience Required: 12 to 15 years

About Us

With over 31 years of trust and industry expertise, Ashika Stock Services Ltd. is a SEBI-registered stockbroker and a proud member of all major Indian exchanges, including NSE, BSE, MCX, NCDEX, and MSEI. We are also registered as a depository participant with both CDSL and NSDL, a SEBI-registered Research Analyst, and an AMFI-certified mutual fund distributor. Headquarters in Kolkata with a solid operational presence in Mumbai, our dedicated team of nearly 300 professionals is committed to delivering dependable, client-focused financial solutions across a broad spectrum of investment needs.

Role Brief The Retail Broking Head will own the overall retail broking business for the North/South zone, setting the strategy and direction across equity broking, distribution and advisory products. The role carries full accountability for zonal revenue and profitability, and for building, scaling and leading a network of branches and branch heads that consistently deliver on client acquisition, retention and business growth targets.

Role Responsibilities

Define and execute the retail broking growth strategy for the zone, aligned to overall company objectives

Own end-to-end zonal P&L;, including revenue growth, cost management and profitability across all branches

Build, lead and review a network of branch heads, holding them accountable for their individual branch targets and performance

Drive expansion of the zone's footprint through current branches, franchisees and channel partners

Set direction for cross-sell of broking,



advisory and third-party distribution products across the zone

Establish and oversee governance around client servicing standards, escalation handling and regulatory/compliance discipline across all branches

Recruit, develop and retain talent within the zone, building a strong second line at the branch level

Track zonal performance through structured MIS, and course-correct strategy based on market and competitive trends

Represent the zone in leadership discussions and act as the key liaison between zonal operations and senior management

Role Requirements

12 to 15 years of experience in the stock broking / financial services industry

Demonstrated experience leading multiple branches or a zone/region with full P&L; ownership

Experience leading a multi-branch/multi-city network own branches as well as franchisee/channel partner branches rather than a single branch

Experience managing a large frontline team, including branch heads, RMs and sales staff, across the zone

Full accountability for a sizeable annual revenue/brokerage book at the zonal level, with a demonstrated history of year-on-year growth

Strong command over equity markets, broking and investment distribution products

Direct exposure to SEBI/exchange audits, inspections and regulatory reviews at a senior/leadership capacity

Experience working closely with product, compliance, operations and risk teams to scale the business responsibly

Track record of building and leading high-performing leadership teams across locations

Career progression from individual client-facing broking roles into branch and then zonal leadership

Strong strategic and business-planning orientation, with the ability to operate independently at a senior level

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