Senior Manager - Trading Operations & Middle Office

Role OverviewAmunra is a proprietary multi-manager trading platform in India that allocates the firm's capital and margin across a select group of external traders.We are looking for a Senior Manager — Trading Operations & Middle Office to own the day-to-day operating infrastructure of the platform across traders, brokers, margin, risk, reconciliations, P&L and performance reporting.This is a hands-on role suited to someone with experience in proprietary trading, hedge fund/AIF/PMS middle office, institutional broking, securities operations or capital markets operations.Key ResponsibilitiesTrader & Broker OperationsManage onboarding and offboarding of external traders and brokers.Maintain trader-broker-account mappings, trading IDs, APIs and access records.Coordinate account setup, broker documentation and operational readiness.Ensure trading access is appropriately activated, modified and revoked.Act as the primary operational point of contact for external traders, brokers and custodians.Resolve account, reporting, settlement, access and other day-to-day operational issues.Capital, Margin & Risk OperationsImplement capital and margin allocations approved by management.Monitor broker balances, collateral, available margin and margin utilization.Coordinate and execute approved cash, collateral and margin movements and confirm successful completion.Track intraday trader P&L, exposures, drawdowns and approved risk limits.Escalate margin shortages, limit breaches, unusual activity and material operational issues.Maintain appropriate approval and maker-checker controls around capital, margin and risk-related actions.Trade, Position, Cash & Collateral ReconciliationReconcile daily trades, positions, cash and collateral against broker, custodian and other relevant source records.Investigate trade breaks, missing trades, incorrect mappings and unexplained differences.Maintain supporting reconciliation evidence and daily source records.Maintain an exception log and ensure material breaks are resolved or escalated promptly.P&L & PerformanceIndependently calculate and validate trader-level and consolidated P&L.Calculate and validate brokerage, transaction costs and other agreed trading expenses.Maintain manager-level NAV, MTD/YTD performance, drawdowns and high-water marks.Maintain accurate historical performance records for each trader and strategy.Ensure reported performance is supported by reconciled underlying data.Daily ReportingPrepare and review the daily management Tear Sheet covering:Platform and trader-level P&LCapital and margin utilizationBroker cash and collateral balancesDrawdowns and risk statusReconciliation breaksMaterial operational or risk issues requiring management attentionTrader Payouts & Finance SupportCalculate trader profit-share and payout amounts.Maintain high-water-mark and loss carry-forward records where applicable.Ensure payout calculations are independently reviewed and appropriately approved.Provide reconciled trading and performance data to finance/accounting.Support month-end closing, broker invoice reconciliation and audit requirements.Process Improvement & AutomationImprove and automate broker data ingestion, reconciliation, P&L and reporting workflows.Reduce reliance on manual spreadsheets and repetitive data entry.Maintain scalable SOPs, controls and operational records.Work with technology resources to improve live P&L, margin and risk visibility across traders and brokers.Candidate ProfileIdeally 4–6 years of relevant experience in proprietary trading operations, hedge fund/AIF/PMS middle office, institutional broking, securities operations or a similar environment.The candidate should have strong working knowledge of Indian listed markets, including equities and derivatives, and understand:Trade lifecycle and settlementsPositions and exposuresRealized and unrealized P&LFutures and optionsMargin and collateralBrokerage and transaction costsDrawdowns and performance calculationsBroker and clearing operationsStrong Excel skills are essential.Experience with Python, SQL, APIs, OMS/RMS systems or automated reconciliation tools is a strong advantage.Key AttributesWe are looking for someone who is:Extremely detail-oriented and numerically strongComfortable working under market-hour pressureStrong on controls, reconciliation and audit trailsAble to challenge discrepancies rather than simply accept reported numbersComfortable dealing directly with traders, brokers and custodiansHands-on, organized and process-drivenCapable of managing multiple operational issues simultaneouslyTechnically minded and interested in automationDisciplined about escalation, documentation and approval controls