Analyst-Settlements

Societe Generale SA; Chennai; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Société Générale in India (Bangalore/Chennai) seeks a Senior Analyst/Analyst for US Markets settlements, focusing on DTC and FED products. You will manage end-to-end settlement processes, coordinate with front office and custodians, and ensure timely resolution of trade breaks and settlement issues.

The role requires strong knowledge of US securities markets, experience with settlement platforms (BPS, Impact, BDC), and the ability to work night shifts in a US-dominated schedule.

Qualifications

• Strong domain knowledge of US Securities Markets, specifically DTC and FED settlement processes.

Responsibilities

• Manage end-to-end settlement activities for US markets, primarily DTC and FED products.
• Monitor and process trade settlements for Equities and Fixed Income.
• Investigate and resolve settlement fails, unmatched trades, and cash/stock breaks within SLAs.
• Liaise with Front Office, Custodians, Counterparties, and Internal Operations teams to ensure timely resolution of issues.
• Perform daily reconciliation activities and ensure all exceptions are investigated and cleared.
• Monitor funding requirements and manage settlement risks to avoid penalties and losses.
• Prepare and review MIS reports, KPI metrics, and incident reports.
• Participate in process improvement initiatives, automation projects, and UAT testing.

Skills

US Securities Markets

DTC settlement

FED settlement

Equities

Fixed Income

Settlement platforms (BPS, Impact, BDC

Tools

BPS

Impact

BDC (Bony)

Job description

ResponsibilitiesJob Title: Senior Analyst / Analyst – DTC & FED Settlements (US Markets)Location: Bangalore / ChennaiShift: US Shift (Night Shift no rotation)Key Responsibilities:Manage end-to-end settlement activities for US markets, primarily DTC (Depository Trust Company) and FED (Federal Reserve) products.Monitor and process trade settlements for Equities and Fixed Income,Investigate and resolve settlement fails, unmatched trades, and cash/stock breaks within agreed SLAs.Liaise with Front Office, Custodians, Counterparties, and Internal Operations teams to ensure timely resolution of issues.Perform daily reconciliation activities and ensure all exceptions are investigated and cleared.Monitor funding requirements and manage settlement risks to avoid penalties and operational losses.Prepare and review MIS reports, KPI metrics, and incident reports.Participate in process improvement initiatives, automation projects, and UAT testing.Required Skills & Experience:Strong domain knowledge of US Securities Markets, specifically DTC and FED settlement processes.Good understanding of Equities and Fixed Income productsHands-on experience in settlement platforms such as BPS, Impact and BDC ( Bony )Excellent analytical and problem-solving skills.Strong communication and stakeholder management skills.Ability to work independently and manage critical market deadlines.Ready and willing to work in US Shift (Night Shift).Preferred Qualifications:4+ years of experience in Capital Markets Operations with exposure to US Settlements.Knowledge of T+1 settlement environment and market regulations.Experience in handling high-value transactions and managing operational risks.Profile requiredJob Title: Senior Analyst / Analyst – DTC & FED Settlements (US Markets)Location: Bangalore / ChennaiShift: US Shift (Night Shift no rotation)Key Responsibilities:Manage end-to-end settlement activities for US markets, primarily DTC (Depository Trust Company) and FED (Federal Reserve) products.Monitor and process trade settlements for Equities and Fixed Income,Investigate and resolve settlement fails, unmatched trades, and cash/stock breaks within agreed SLAs.Liaise with Front Office, Custodians, Counterparties, and Internal Operations teams to ensure timely resolution of issues.Perform daily reconciliation activities and ensure all exceptions are investigated and cleared.Monitor funding requirements and manage settlement risks to avoid penalties and operational losses.Prepare and review MIS reports, KPI metrics, and incident reports.Participate in process improvement initiatives, automation projects, and UAT testing.Required Skills & Experience:Strong domain knowledge of US Securities Markets, specifically DTC and FED settlement processes.Good understanding of Equities and Fixed Income productsHands-on experience in settlement platforms such as BPS, Impact and BDC ( Bony )Excellent analytical and problem-solving skills.Strong communication and stakeholder management skills.Ability to work independently and manage critical market deadlines.Ready and willing to work in US Shift (Night Shift).Preferred Qualifications:4+ years of experience in Capital Markets Operations with exposure to US Settlements.Knowledge of T+1 settlement environment and market regulations.Experience in handling high-value transactions and managing operational risks.Why join usWe are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran statusBusiness insightAt Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating, and taking action are part of our DNA. If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!Still hesitating?You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.We are committed to support accelerating our Group’s ESG strategy by implementing ESG principles in all our activities and policies. They are translated in our business activity (ESG assessment, reporting, project management or IT activities), our work environment and in our responsible practices for environment protection.Diversity and InclusionWe are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.