Hiring Manager - Aditya Mulkhi
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 and not a portfolio management one.
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.
Track a sector and prepare financial models and research reports on companies in the sector. Attend conference calls and management meets to gauge future prospects of a Company.
Make stock recommendations to the fund manager on a regular basis.
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
Ability to work under tight deadlines in a competitive environment
Strong networking & relationship building skills to create a strong network of brokers, traders and analysts.
Strong networking & relationship building skills to create a strong network of brokers, traders and analysts.
Graduate / Post graduate with experience in debt fund management or credit analysis.