Executive Director-Securities Settlements

Michael Page; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Competitive pay

Leadership role

Job summary

Michael Page is seeking a Senior Settlement Lead in Mumbai to oversee billions in daily settlements, ensuring regulatory compliance and risk controls while driving transformation initiatives. The role involves leading a global team and shaping settlement strategies across markets and platforms.

The ideal candidate will have 15+ years in investment banking or financial services, deep settlement knowledge, and strong leadership and stakeholder management skills to drive global programs and

Qualifications

• 15+ years of experience in investment banking or financial services.
• Deep understanding of securities settlement processes and market infrastructure.
• Knowledge of regulatory requirements and industry standards.
• Understanding of global markets and financial instruments.
• Settlement systems and platforms expertise.
• Understanding of STP (Straight Through Processing).
• Strong leadership and team management skills.
• Excellent communication and stakeholder management.

Responsibilities

• Handle billions in daily settlements, drive operational excellence while ensuring regulatory compliance and risk management.
• Lead settlement transformation initiatives by leveraging predictive analytics to reduce settlement fails, evaluating DLT/blockchain solutions, and driving industry-wide programs such as T+1 settlement adoption.
• Drive operational excellence through cost optimization, risk mitigation, process improvement, and strategic stakeholder management across Trading, Risk, Compliance, Custodians, CSDs, and regulators.
• Direct a global team, drive technology transformation, manage risk and regulatory frameworks.

Job description

About Our Client

A well-known organisation in the financial services sector, based in Mumbai.

Job Description

• Handle billions in daily settlements, drive operational excellence while ensuring regulatory compliance and risk management.
• Lead settlement transformation initiatives by leveraging predictive analytics to reduce settlement fails, evaluating DLT/blockchain solutions, and driving industry-wide programs such as T+1 settlement adoption.
• Drive operational excellence through cost optimization, risk mitigation, process improvement, and strategic stakeholder management across Trading, Risk, Compliance, Custodians, CSDs, and regulators.
• Direct a global team, drive technology transformation, manage risk and regulatory frameworks.

The Successful Applicant

• 15+ years of experience in investment banking or financial services.
• Deep understanding of securities settlement processes and market infrastructure.
• Knowledge of regulatory requirements and industry standards.
• Understanding of global markets and financial instruments.
• Settlement systems and platforms expertise.
• Understanding of STP (Straight Through Processing)
• Strong leadership and team management skills.
• Excellent communication and stakeholder management.

What's on Offer

• Competitive pay and benefits.
• Leadership role