Clearing & Settlement Associate

PineQ Lab Technology; Gurugram District; On-site; INR 270,000 - 330,000; Full time

Benefits offered by this job

Cab facility within 20 km

On-site work

Job summary

PineQ Lab Technology in Gurugram, Haryana, seeks a detail-driven Clearing & Settlement Associate to manage trade clearing and settlement cycles across equities and ETFs. You will reconcile trades, coordinate with brokers and custodians, ensure regulatory compliance with NISM norms, and prepare daily logs and MIS reports.

On-site 5 days a week with cab facilities within 20 km. Ideal candidates have 6+ months in clearing/settlement, familiarity with NSE/BSE settlement workflows, and strong MS

Qualifications

• Experience: 6+ months in clearing and settlement, middle-office operations, or institutional trade processing.
• Familiar with NSE/BSE settlement workflows and T+1/T+2 conventions.
• Knowledge of regulatory standards and NISM certifications.
• Strong analytical abilities and attention to detail; good communication for multi-party coordination.

Responsibilities

• Trade Operations: Facilitate, monitor, and process end-to-end clearing and settlements across equities, ETFs, and digital assets.
• Lifecycle Management: Track and manage T+1/T+2 settlement cycles and resolve breaks.
• Reconciliation: Daily reconciliations of trades, positions, cash, and stock ledgers.
• Stakeholder Coordination: Interface with brokers, custodians, clearing houses, and exchanges to expedite resolution.
• Compliance & Auditing: Adhere to NISM norms and regulatory frameworks; maintain audit-ready records.
• Reporting: Prepare daily trade logs, exception reports, and MIS dashboards.

Tools

MS Excel (lookup, pivot)

Job description

• Designation: Clearing & Settlement Associate
• Work Arrangement: On-site (5 days/week, rotational shifts)
• Transportation: Dedicated two-way cab facility (within a 20 km radius) or transport allowances as per the policy.
• Hiring Timeline: Immediate joiner (join within 2 days)
• Budget: Up to 3 LPA
• Selection Process: Virtual interview

Role Specifications

• Designation: Clearing & Settlement Associate
• Location: Sector 30, Gurugram, Haryana
• Work Arrangement: On-site (5 days/week, rotational shifts)
• Transportation: Dedicated two-way cab facility (within a 20 km radius) or transport allowances as per the policy.
• Hiring Timeline: Immediate joiner (join within 2 days)
• Budget: Up to 3 LPA
• Selection Process: Virtual interview

Position Overview

We are seeking a detail-driven Clearing & Settlement Associate with demonstrated experience in trade operations and post-trade lifecycle management. In this role, you will oversee trade clearing, monitor settlement cycles, manage fund/position reconciliations, and liaise with brokers, custodians, clearing corporations, and exchanges to ensure operational continuity and compliance.

Key Responsibilities

• Trade Operations: Facilitate, monitor, and process end-to-end clearing and settlements across equities, ETFs, and digital assets.
• Lifecycle Management: Track and manage standard settlement cycles (T+1 / T+2), proactively identifying and resolving operational breaks and settlement exceptions.
• Reconciliation: Conduct rigorous daily reconciliations of trades, positions, cash, and stock ledgers to maintain zero-break operational accuracy.
• Stakeholder Coordination: Interface with brokers, custodians, clearing houses, and exchanges (NSE, BSE) to expedite exception resolution.
• Compliance & Auditing: Maintain strict adherence to NISM norms and exchange regulatory frameworks while keeping operational records audit-ready.
• Reporting: Prepare daily trade logs, exception reports, and MIS dashboards for management review.

Candidate Profile & Qualifications

• Experience: 6+ months in clearing and settlement, middle-office operations, or institutional trade processing.
• Market Knowledge: Practical exposure to Indian exchange settlement workflows (NSE/BSE) and standard T+1/T+2 settlement conventions.
• Technical Skills: Proficiency in MS Excel (lookup functions, pivot tables) and operational MIS reporting.
• Regulatory Awareness: Working familiarity with applicable regulatory standards, compliance guidelines, and NISM certifications.
• Soft Skills: Strong analytical capabilities, rigorous attention to detail, and professional communication skills for multi-party coordination.