Settlement Specialist

Impetus Career Consultants; Gurugram District; On-site; INR 800,000 - 900,000; Full time

Benefits offered by this job

Cab Facility Available

Job summary

Impetus Career Consultants is hiring a Clearance & Settlement Specialist in Gurgaon. The role involves managing the end-to-end trade life cycle, resolving settlement issues, and ensuring timely processing of security transfers. Ideal candidates will possess strong operational expertise and knowledge of SWIFT messages (MT 500-599). Immediate joiners preferred. The position offers a cab facility.

Qualifications

• Strong understanding of the securities trade life cycle including equities, ETFs, and bonds.
• Experience handling settlement issues and security transfers.
• In-depth knowledge of SWIFT messaging standards, particularly MT 500-599.

Responsibilities

• Manage the end-to-end trade life cycle, including trade capture, matching, clearing, and settlement.
• Resolve settlement breaks, discrepancies, and operational issues related to securities transfers.
• Liaise with internal teams and counterparties for smooth settlement processes.

Skills

Understanding of securities trade life cycle

Experience with settlement issues

Knowledge of SWIFT messaging standards

Analytical and problem-solving skills

Excellent communication skills

Detail-oriented

Job description

Job Title: Clearance & Settlement Specialist

Location: Gurgaon

Salary: upto 8-9 LPA

Joining: Immediate Joiners Preferred

Transport: Cab Facility Available

About the Role

We are looking for a detail-oriented Clearance & Settlement Specialist to join our operations team. This role involves managing the end-to-end trade life cycle, resolving settlement issues, and ensuring accurate and timely processing of security transfers. The ideal candidate will have strong operational expertise, knowledge of SWIFT messages (MT 500-599), and the ability to provide both customer and operational support.

Key Responsibilities

• Manage the end-to-end trade life cycle, including trade capture, matching, clearing, and settlement.
• Resolve settlement breaks, discrepancies, and operational issues related to securities transfers.
• Monitor and process SWIFT messages (MT 500-599) accurately and efficiently.
• Liaise with internal teams, brokers, custodians, and counterparties to ensure smooth settlement processes.
• Provide operational support for both customer-related queries and internal escalations.
• Maintain accurate records and prepare reports related to settlements and reconciliations.
• Identify process gaps and recommend improvements to enhance settlement efficiency.

Required Skills & Experience

• Strong understanding of the securities trade life cycle (equities, ETFs, bonds, etc.).
• Experience handling settlement issues and security transfers.
• In-depth knowledge of SWIFT messaging standards, particularly MT 500-599.
• Prior experience in operations or back-office roles within a brokerage or wealth management environment.
• Strong analytical and problem-solving skills.
• Excellent communication skills to coordinate with multiple stakeholders.
• Detail-oriented with the ability to manage multiple tasks under tight deadlines