Operation Analyst - Settlements

Delta Capita; Bengaluru; Hybrid; INR 900,000 - 1,300,000; Full time

Job summary

Delta Capita in Bangalore seeks an Operations Analyst - Settlements to ensure timely and accurate settlement of cash flows for Equity Derivative trades. The role requires handling pre-settlement checks, swift messaging familiarity, and collaboration with the controls and compliance teams.

The candidate should have experience in treasury operations, settlements, and cash management, with strong MS Excel skills and knowledge of ISDA definitions.

Qualifications

• Knowledge of settlement lifecycle and cashflow verification.
• Experience with pre-settlement checks and confirmations.
• Proficiency in MS Office and Excel.

Responsibilities

• Affirm EQD cash flows with counterparties and perform pre-settlement checks.
• Identify and escalate issues delaying settlements and create exceptions.
• Address requests from internal and external clients promptly.
• Adhere to policies and procedures.
• Support control initiatives and programs.

Skills

Interest rate derivatives

Cashflow calculation

SWIFT MT messages

Settlement instructions

Currency cut-offs

ISDA definitions

MS Excel

Financial markets basics

Education

Business/Finance degree

Tools

Calypso/Summit

Job description

Role Overview

The role of the settlement’s operations analyst is to ensure the timely and accurate settlement of cash flows of Equity Derivative trades for our client. This involves conducting prereg coofflines etc… (text continues as described above).

Job Description

Role: Operations Analyst - Settlements

Location: Bangalore (Hybrid)

Employment Type: Permanent

Core Responsibilities

• Affirming EQD cash flows with counterparties and performing all pre-settlement checks (SSI’s, booking, etc.), and settling cash flows accurately.
• Timely identification and escalation of issues that may delay the settlement of cash flows and create exceptions.
• Addressing all requests received from our internal and external clients in a timely manner
• Adhering to all policies and procedures.
• Supporting the control initiatives and programs of the Control, Compliance, and Management team.
• Some investigations work may be required

Skills and Experience Required

Knowledge

• Life cycle of interest rate derivatives - booking, resets, fixing advices, settlements.
• Calculation/verification of interest cashflows.
• Prior Swift messaging knowledge/understanding is beneficial (MT103, MT199, MT202, MT202COV, MT299).
• (Standard) Settlement Instructions.
• Currency cut-offs and regulations.
• Interpretation of confirmation documents – electronic and paper.
• Familiarity with ISDA definitions.
• Familiarity with market standards related to settlements.
• Cash management and funding requirements.
• Understanding of Nostro accounts beneficial.
• Business writing and communication.
• MS Office suite, especially Excel.
• Financial markets – general principles and products of the markets.

Experience

• Treasury operations, especially settlements.
• Payments and/or cash management experience.
• Ability to maintain focus while working within a dynamic, high-volume environment
• Prior Calypso/Summit knowledge beneficial

Qualifications

• Business, Management, Finance, Accounting graduates or equivalent preferred.

How We Work

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients’ offices or our own offices depending on the client) aligns to what our clients’ policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require. Valid working permit for Bangalore mandatory.

Who We Are

Delta Capita Group is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non-differentiating services.

Our 3 Offerings Are

• Managed Services
• Consulting & Solutions
• Technology