Free Equity Dealer Course (4Months)

Equity Dealer:

Brief Job Description:

Equity dealers buy and sell investment and financial instruments on behalf of their clients. They also provide market insights and investment advice to potential and existing clients.
Personal Attributes:

The individual is required to have numerical and analytical skills. He/She must be able to perform multiple tasks accurately within fixed timelines in a high-pressure environment.

Dealer Market Definition

Prepare for Dealing Operations:

Operations
To be competent, the user/individual on the job must be able to:
PC1. Set-up the dealing terminal and log in their identification details
PC2. Ensure all requisite software is uploaded and running on the terminal
PC3. Resolve any problems with software or terminal if necessary
PC4. Receive list of clients from supervisor/online schedule/client liaison
PC5. Update new client details into information system from list given
PC6. Contact supervisor in case of any missing information regarding details to be updated
PC7. Verify all existing client details are available on the system
PC8. Contact IT and Technical maintenance incase of severe technical issues
PC9. Report all technical and manual errors to concerned supervisor/manager

Market Knowledge Development/ Advisory
To be competent, the user/individual on the job must be able to:
PC10. Obtain market analysis reports on various securities traded from research team or secondary sources of information
PC11. Read and interpret reports/information to develop key insights and understanding of the financial markets
PC12. Assist client liaison with market information/insights for the purpose of reaching out to clients
PC13. Respond to client queries related to market trends if required

General/ Administrative
To be competent, the user/individual on the job must be able to:
PC14. Prepare daily reports of all errors encountered during set-up of terminal and update updation of client list
PC15. Prepare regular reports of number of clients serviced by dealer and details of the same
PC16. Fill in forms for technical maintenance and repairs as required by organizational procedures Knowledge and Understanding (K) A.

Organizational Context

The user/individual on the job needs to know and understand:

KA1. Types of documentation in the organization and importance of the same

KA2. Standard operating procedure for setting up terminal

KA3. Risk and impact of not following organizational and industry regulations in set-up and operation of terminal

KA4. Records to be maintained and implications of non-maintenance of the same

KA5. Security procedures for handling sensitive information including client financial data, market transactions etc.

KA6. Stock market regulations and laws

KA7. Rules and regulations of trading floor

KA8. Roles of all colleagues part of the broking/trading process

KA9. The procedure in the case of addressing customer grievances

KA10. Escalation matrix for problems unresolved

KA11. Format for preparing reports

Market Breadth Definition

Technical Knowledge

The user/individual on the job needs to know and understand:

KB1. Types of securities dealt with including stocks, bonds etc

KB2. Controls and processes for operating exchange terminal

KB3. IT processes to raise queries and resolve minor technical problems

KB4. Basic accounting concepts and principles KB5. Basic understanding of financial markets

KB6. Methods for carrying out secondary research to develop market insights, if required

Generic Skills

Writing Skills
The user/ individual on the job needs to know and understand how to:
SA1. Prepare concise periodic reports to be submitted to supervisor/manager
SA2. Fill in forms for technical maintenance etc.

Reading Skills
The user/individual on the job needs to know and understand how to:
SA3. Read organizational and industry regulations and guidelines
SA4. Read client details from list received and input the same into the information system

Integrity
The user/individual on the job needs to know and understand how to:
SA5. Maintain integrity with respect to company property and equipment

Oral Communication (Listening and Speaking skills)
The user/individual on the job needs to know and understand how to:
SA6. Listen to the customers to be able to offer insight and advice on securities
SA7. Communicate clearly with the customer using language that he/she understands.
SA8. Communicate with peers and supervisors with professionalism to work towards company objectives.

Professional Skills

Decision Making
The user/individual on the job needs to know and understand how to:
SB1. Decide at what prices to buy/sell for orders that are given broad price ranges or minimum/maximum price limits
SB2. Coordinate orders to ensure maximum value is created from transactions

Time Management
The user/individual on the job needs to know and understand how to:
SB3. Complete all preparatory tasks before markets are open for trading
SB4. Prioritize and execute tasks in a high pressure environment
SB5. Balance multiple tasks and complete them within fixed timelines

Problem Solving
The user/individual on the job needs to know and understand how to:
SB6. Address problems arising out of either technical, customer or administration related aspects and escalate those unresolved issues to appropriate personnel

Analytical Skills
The user/individual on the job needs to know and understand how to:
SB7. Assess clients financials and understand client capacity to buy/sell securities
SB8. Develop insights and analyze trends from industry reports, secondary sources for market analyses etc.
SB9. Breakdown and assimilate complex and high volumes of information
SB10. Pay attention to minute details to each and every task

Mathematical Skills
The user/individual on the job needs to know and understand how to:
SB11. Perform computations quickly and accurately
SB12. Process large numeric values and input the same into the information system

Critical Thinking
The user/individual on the job needs to know and understand how to:
SB13. Consistently obtain feedback and improve their performance
SB14. Exercise judgment in unforeseen situations which preserve company values and are in line with organizational guidelines

Certified Equity dealer – HICM- Stock Market Training Institute, Investment  Banking training, Future and Options, Business Analyst Training, Technical  Analyst training, Equity dealer, wealth management, Intraday trading, 100%  placement assistance ...

Carry Out Dealing Operations:

Operations
To be competent, the user/individual on the job must be able to:
PC1. Receive orders from clients via various communication modes such as telephone, online system or from client liaison
PC2. Carry out client identity authentication before noting order
PC3. Obtain mandatory order details such as stock type, volume, etc. and additional details if necessary
PC4. Ensure client accounts have sufficient credit/stock for buy/sell transaction
PC5. Confirm receipt of order and input the same into the information system/order file
PC6. Determine exchange on which transaction is to be executed according to clients’ instruction/availability of stock etc.
PC7. Prepare buy and sell order lists with all details factored in or submit order for the same into the information system
PC8. Contact supervisor in case of any missing information regarding details required to carry out an order
PC9. Bundle or schedule orders according to timeline, company or any other criteria as applicable
PC10. Ensure each order/transaction is within regulatory limits of volume and value , if any
PC11. Carry out the orders by punching in buy/sell orders at appropriate terminals
PC12. Report orders that could not be executed to supervisor, appropriate personnel, and client if necessary
PC13. Ensure total orders executed are within volume limits set by the exchange and regulatory authorities
PC14. Determine appropriate solution for orders executed at volumes lower than instructed in accordance with company procedures
PC15. Ensure timely executions of orders and report any delays or technical issues to IT and maintenance teams
PC16. Report all technical and manual errors to concerned supervisor/manager
PC17. Notify back office or input the status into the terminal for every order executed/transaction performed
PC18. Communicate the order status to the client if necessary

Market Knowledge Development/ Advisory
To be competent, the user/individual on the job must be able to:
PC19. Obtain market analysis reports on various securities traded from research team or secondary sources of information
PC20. Read and interpret reports/information to develop key insights and understanding of the financial markets
PC21. Assist client liaison with market information/insights for the purpose of reaching out to clients
PC22. Respond to general client queries regarding market status, investments
PC23. Assist clients with identifying investments and planning orders, if necessary
PC24. Reach out to clients in case of unanticipated market risk or new information regarding orders received or pending

General/ Administrative
To be competent, the user/individual on the job must be able to:
PC25. Prepare daily reports of all errors encountered during operation of terminal
PC26. Prepare regular reports on number of orders converted into executed transactions, number of orders executed partially and number of orders that haven’t been executed
PC27. Fill in forms for technical maintenance and repairs as required by organizational procedures
PC28. Fill in forms for any transaction errors as required by organizational procedures
PC29. Adhere to risk and compliance procedures as outlined by organizational guidelines

Organizational Context

The user/individual on the job needs to know and understand:

KA1. Types of documentation in the organization and importance of the same

KA2. Standard operating procedure for operating terminal

KA3. Risk and impact of not following organizational and industry regulations in operation of terminal

KA4. Records to be maintained and implications of non-maintenance of the same

KA5. Security procedures for handling sensitive information including client financial data, market transactions etc.

KA6. Stock market regulations and laws

KA7. Rules and regulations for dealers

KA8. Implications of errors made during the dealing process

KA9. Procedure for buying and selling securities different exchanges

KA10. Roles of all colleagues part of the broking/trading process

KA11. The procedure in the case of addressing customer grievances

KA12. Escalation matrix for problems unresolved

KA13. Format for preparing reports

Technical Knowledge

The user/individual on the job needs to know and understand:

KB1. Types of securities dealt with including stocks, bonds etc

KB2. Controls and processes for operating exchange terminal

KB3. Technical procedure and specifications required to operate at different exchanges

KB4. IT processes to raise queries and resolve minor technical problems

KB5. Accounting concepts and principles and how to interpret them

KB6. Economic concepts such as GDP growth, macroeconomic indicators etc.

KB7. Financial markets and factors that impact them

KB8. Factors influencing prices at which securities are bought and sold

KB9. Methods for carrying out secondary research to develop market insights, if required

Geojit Equity Dealer Salaries | Glassdoor

Generic Skills

Writing Skills
The user/ individual on the job needs to know and understand how to:
SA1. Prepare concise periodic reports to be submitted to supervisor/manager
SA2. Fill in forms for technical maintenance etc.
SA3. Prepare order lists in accordance with client orders received
SA4. Prepare order status reports/notifications if required

Reading Skills
The user/individual on the job needs to know and understand how to:
SA5. Read and understand organizational and industry regulations
SA6. Read orders from order lists and carry out transactions
SA7. Read and assimilate information on terminal to carry out transactions

Oral Communication (Listening and Speaking skills)
The user/individual on the job needs to know and understand how to:
SA8. Listen to the clients requirements/ queries carefully and offer insight and advice on securities
SA9. Communicate with the customers clearly and effectively
SA10. Communicate with peers and supervisors and maintain professionalism in the business environment

Professional Skills

Decision Making
The user/individual on the job needs to know and understand how to:
SB15. Decide at what prices to buy/sell for orders that are given broad price ranges or minimum/maximum price limits
SB1. Coordinate orders to ensure maximum value is created from transactions

Time Management
The user/individual on the job needs to know and understand how to:
SB2. Prioritize and execute tasks in a high pressure environment
SB3. Balance multiple tasks and complete them within fixed timelines

Problem Solving

The user/individual on the job needs to know and understand how to:
SB4. Address problems arising out of either technical, customer or administration related aspects and escalate those unresolved issues to appropriate personnel

Analytical Thinking
The user/individual on the job needs to know and understand how to:
SB5. Assess clients financials and understand client capacity to buy/sell securities
SB6. Develop insights and analyze trends from industry reports, secondary sources for market analyses etc.
SB7. Breakdown and assimilate complex and high volumes of information
SB8. Pay attention to minute details while performing each and every task

Mathematical Skills
The user/individual on the job needs to know and understand how to:
SB9. Process large numeric values and input the same into the information system
SB10. Perform computations quickly and accurately

Critical Thinking
The user/individual on the job needs to know and understand how to:
SB11. Consistently obtain feedback and improve their performance
SB12. Exercise judgment in unforeseen situations which preserve company values and are in line with organizational guidelines

Integrity
The user/individual on the job needs to know and understand how to:
SB13. Maintain integrity with respect to company time, property and equipment
SB14. Maintain integrity with respect to sensitive client information