Senior Analyst - Global Markets

eClerx LLC; Navi Mumbai; On-site; INR 800,000 - 1,300,000; Full time

Job summary

eClerx LLC in Navi Mumbai invites applications for Senior Analyst roles focusing on settlements, reconciliation, and payments. The role requires solid communication, teamwork, and Excel skills to support cash flow confirmations and discrepancy resolution.

You will work with global counterparties, manage SWIFT message workflows, and gain exposure to fixed income and related financial products in a fast-paced environment.

Qualifications

• Graduation or higher in commerce/related field.
• 2–4 years experience in Settlements, Reconciliation, Payments & Nostro.
• Familiarity with DTCC, CLS, MarkitWire and ALERT.

Responsibilities

• Understand pre-settlements activities including cash flow confirmation and system updates.
• Understand post-settlements activities like fails management and breaks resolution.
• Know SWIFT messages used in cash settlements (MT103, MT202, MT210).
• Interact with global counterparties and trade support groups to confirm cash flows and resolve discrepancies.
• Possess basic product knowledge for Fixed Income, CDS, IRS, Equity Swaps, FX instruments.
• Demonstrate proactive ownership and willingness to take up responsibilities beyond assigned work area.

Skills

Communication skills

Team collaboration

Excel proficiency

Education

Graduation (B.Com./BBA/BBM/BCA)

Post Graduation (CA/M.Com./MBA/MCA/PGDM)

Tools

DTCC

MarkitWire

CLS

ALERT

Job description

The ideal candidate must possess strong communication skills, with an ability to listen and comprehend information and share it with all the key stakeholders, highlighting opportunities for improvement and concerns, if any. He/she must be able to work collaboratively with teams to execute tasks within defined timeframes while maintaining high-quality standards and superior service levels. The ability to take proactive actions and willingness to take up responsibility beyond the assigned work area is a plus.

Senior Analyst Roles & responsibilities:

• Should have understanding of Pre Settlements activities, like: Cash flow confirmation with counter parties, affirmation of cash flows in system, cash flow processing, SSI update / correction / upload, etc.
• Should have understanding of Post Settlements activities, like: Fails Management, Breaks resolution, Reconciliation of breaks with fails, etc.
• Should have understanding of SWIFT messages used in Cash Settlements, like: MT103, MT202, MT210, etc.
• Should be aware of client money use & its implications
• Should be aware of electronic confirmation platforms like Markitwire, DTCC, CLS, etc.
• Should have basic product knowledge for Fixed Income, CDS, IRS, Equity Swaps, Equity Options, FX Forward, FX Options, Equity Accumulators, FX accumulators, Nostro Reconciliation
• Should able to communicate effectively with global counterparties and trade support groups to confirm cash flows/resolve discrepancies & breaks
• Should have hands on experience on Excel (Basic as well as Advance)
• Financial Products Knowhow:Fixed Income (Interest Rate Swap & Credit Default Swaps), Equity Swaps, Equity Options, FX Forward, FX Option, NDF, Accumulators, etc
• EMEA (1 PM to 10 PM IST) / NAM (6:30 PM to 3:30 PM IST)

Functional & Technical Skills:

• Minimum Academic Qualifications: Graduation (B.Com./BBA/BBM/BCA) / Post Graduation (CA/M.Com./MBA/MCA/PGDM)
• Experience Span:2 to 4 years of experience in Settlements, Reconciliation, Payments & Nostro
• Tools/industry utilities: Preferred hands-on & understanding of DTCC, CLS, MarkitWire, ALERT, etc.