Clearing and Settlement Analyst 1-2Yrs

Rangam Infotech Pvt. Ltd.; Pune District; On-site; INR 4,00,000 - 6,00,000; Full time

Job summary

A leading financial services company based in Pune is looking for an Analyst to handle back office operations. This role involves settlement of client instructions, reporting, reconciliation of securities and cash, and problem resolution with clients. Candidates should have strong communication skills, knowledge in capital markets, and proficiency in Excel. Relevant experience in settlement operations is preferred but not mandatory. This position offers an opportunity to work in a collaborative team environment and contribute significantly to daily operations.

Qualifications

• Strong communication should be demonstrated.
• Relevant settlement experience of 1-2 years preferred.
• Experience in security settlement in IB/Asset Management/Broking is beneficial.

Responsibilities

• Manage day to day deliverables in back office operations.
• Resolve settlement issues with custodian agent.
• Prepare and verify pending trades report.

Skills

Strong communication

Excel knowledge

Knowledge in Capital Markets

Knowledge of SWIFT

Problem-solving skills

Teamwork

Education

Graduate from recognized university

Tools

Microsoft Windows

Job description

• Specific/ mandatory skills: Ccommunication should be strong, excel knowledge, knowledge of capital market/securities
• Experience range: Relevant settlement experience (1-2 Years) would be great however no such mandate on experience.
• Open to considering fresher candidates (Yes/No): Yes
• Open to considering relocation/ non-local candidates (Yes/No): Local will be preferable.
• Shift timings: 11:00 to 20:30
• Number of days work from office: 3 days
• Preference of hiring only diversity candidates (Yes/No): No

Process Details:

• Preparing and verifying swift instructions to our custodian agent as required
• Resolving problems arisen from unmatched items and implement long term solutions for frequently occurred issues
• Preparing pending trades report and communicate with custodian agent to identify settlement issues over telephone or via provided systems
• Identifying cash or any other discrepancies to our books & records and following up till resolved
• Supporting client services team to resolve problem for client in terms of settlement issue.
• Assist in creating proper backups through adequate cross training, within the department
• Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business
• EOD control reports as per procedures

Your key responsibilities

Area of responsibility is in back office operation of Custodian, opening is at Analyst position whose main responsibilities include managing day to day deliverables of the process. The individual will be responsible for Settlements of client instructions, Client Reporting, Reconciliation of Securities and Cash, Repairing incorrect client instructions.

The analyst will have to adhere to Key Operating Procedures for performing daily functions

Your skills and experience:

• Knowledge in Capital Markets
• Microsoft Windows and Associated Applications
• Knowledge of SWIFT
• Good Team Worker and Collaborative approach
• Apt in Problem Solving and Decision Making
• Graduate from recognized university
• Preferable should have Security Settlement work experience of 1 year in IB/Asset Management/Broking business