Assistant Manager / Manager - OTC Settlement & Collateral

SS&C Technologies, Inc.; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

SS&C Technologies, Inc. in Mumbai, Navi Mumbai seeks an Assistant Manager / Manager for OTC Settlement & Collateral.

The role covers end-to-end OTC derivatives operations, including trade lifecycle, reconciliations, collateral management, and dispute resolution, with a focus on automation and AI-driven solutions. The candidate will manage pre/post-settlement activities, Nostro reconciliations, and margin operations, ensuring regulatory compliance and high-quality control across FX, Equities,

Qualifications

• Operational expertise in capital markets operations.
• Stakeholder management skills.
• Experience driving automation initiatives in OTC operations (AI, intelligent automation).

Responsibilities

• Manage end-to-end OTC trade lifecycle processes across asset classes including FX, Equities, Rates, and Credit Derivatives.
• Oversee pre-settlement and post-settlement activities, ensuring timely and accurate settlement of trades.
• Investigate and resolve settlement failures, breaks, and operational discrepancies.
• Perform daily Nostro cash and securities reconciliations; investigate breaks and coordinate with counterparties and internal stakeholders; minimize aging items; prepare MIS and metrics.
• Manage collateral allocation, optimization, substitutions, movements; oversee variation and initial margin calculations; process and validate margin calls; ensure ISDA/CSA/regulatory compliance; monitor exposures.
• Investigate and resolve margin and valuation disputes; track dispute aging; maintain audit trails.

Job description

## Assistant Manager / Manager - OTC Settlement & CollateralApply: Maharashtra, Navi Mumbai: Full time: Posted Yesterday: End Date: March 31, 2027 (30+ days left to apply): R46407SS&C is a leading provider of mission-critical, AI-powered technology and services empowering financial services and healthcare organizations to work smarter, faster, and securely. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices worldwide. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. **Job Description** **Assistant Manager / Manager - OTC Settlement & Collateral****Office Location - Mumbai, Airoli****Role Summary**We are seeking a highly motivated and experienced professional to join our Capital Markets Operations team as an Assistant Manager / Manager.The role will be responsible for end-to-end OTC Derivatives Operations, including trade lifecycle management, pre and post-settlement activities, Nostro reconciliations, collateral management, margin call processing, dispute resolution, and corporate actions. The ideal candidate should possess strong operational expertise, stakeholder management skills, and hands-on experience in driving automation initiatives using AI, Agentic Bots, and Intelligent Process Automation solutions.**OTC Operations & Settlement*** Manage end-to-end OTC trade lifecycle processes across various asset classes including FX, Equities, Rates, and Credit Derivatives.* Oversee pre-settlement and post-settlement activities, ensuring timely and accurate settlement of trades.* Investigate and resolve settlement failures, breaks, and operational discrepancies.**Nostro Reconciliations*** Perform daily cash and securities Nostro reconciliations.* Investigate reconciliation breaks and coordinate with counterparties, custodians, and internal stakeholders for timely resolution.* Ensure aging items are minimized and tracked through closure.* Prepare MIS and reconciliation metrics for management review.**Collateral Management & Margin Operations*** Manage collateral allocation, optimization, substitutions, and collateral movements.* Oversee daily variation margin, initial margin, and regulatory margin calculations.* Process and validate margin calls with counterparties.* Ensure compliance with ISDA, CSA, and regulatory requirements.* Monitor collateral exposures and mitigate settlement and counterparty risks.**Dispute Management*** Investigate and resolve margin and valuation disputes with counterparties.* Track dispute aging and implement root cause analysis to prevent recurring issues.* Maintain comprehensive documentation and audit trails.Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.