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Commodity Settlement Operations

Operations
Job Description
About Groww

We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA.  Every product, every design, and every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity, and the passion to constantly challenge the status quo.

Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.

Our Values

Our culture enables us to be what we are — India’s fastest-growing financial services company. Everyone at Groww enjoys the autonomy and flexibility to bring their best work to the table, as well as craft a promising career for themselves.
The values that form our foundation are:

  • Radical customer centricity
  • Ownership-driven culture
  • Keeping everything simple
  • Long-term thinking
  • Complete transparency

Job Responsibility:

  •  Manage the day-to-day operations in Commodity
  •  Ensuring the timely completion of the process and adherence to the SEBI
     and Exchange compliance requirements.
  •  Conduct the UAT and timely closure of the product releases.
  •  Coordinate with the internal technology team and vendor for any changes in the System, Process and for any Bug resolutions.
  •  Tracking the regulatory changes and timely implementation of the same.
  •  Work in close coordination with the funds settlement and security settlement
     team.
Job Requirement
  •  Hands-on experience in Stock/Commodity operations.
  •  Understanding of various operations like billing, positions file handling,
     physical delivery handling, etc.
  •  Good understanding of MCX files and reports related to the Commodity
     trading.
  •  Good understanding of regulatory reporting
  •  Knowledge in Margin Pledge processes
  •  Member-level margin monitoring and fund allocation

Educational Qualifications:
Essential – Graduation
Experience: Essential - 3-7 years of experience
Desired - Relevant experience in financial services/ exchange

Other Skill Set and Competencies:

Good Written and Verbal communication skills
Good interpersonal skills
Good understanding of MS Excel and MS Word.