Settlement Specialist

eClerx LLC; Pune District; On-site; INR 600,000 - 1,200,000; Full time

Job summary

eClerx Financial Markets is hiring for SA & Team leads with experience in Trade Settlements—Equity & Fixed Income settlements, OTC settlements, FX settlements, DTCC, prematching, and post-settlement activities for Navi Mumbai location.

The role requires strong numerical ability, experience with trade lifecycle, and capability to lead from the front in a fast-paced environment. Night shift work, cross-functional collaboration, and adherence to controls are essential.

Qualifications

• 2–4 years of experience in Settlements and OTC derivative.
• Should have basic knowledge of finance, trade life cycle, investment banking, and derivatives.
• Should be good with logical and quantitative abilities.

Responsibilities

• Responsible for all components of the daily Pre-matching, Value Date, fails management & settlement and ensuring accurate and timely processing, through adherence of internal control policies and procedures, trade capture processes, including trade blotter reconciliations and resolution of exceptions.
• Maintains proper daily workflow documentation evidence for regulatory and compliance purposes. Satisfies documentation processes to ensure files are easily found, understood and are well maintained.
• Daily comparison of open trade fails and ensuring items are tracked and actioned.
• Daily interaction with external clients, Brokers, Sales desk, trading desk etc on trade discrepancies.
• Match trades with broker dealer counterparts.
• Monitor Euroclear/DTCC/Crest/SGX/Clear stream to ensure matching of all settlement items.
• Work with settlements team to monitor and resolve fails.
• Cover BAU functions within Middle Office and Settlements team if necessary

Skills

Trade settlements

Data analysis

MS Excel

PowerPoint

Attention to detail

Team leadership

Education

B.Com / BBA / BBM / BCA

M.Com / MBA / PGDM

Tools

MS Excel

PowerPoint

MS Word

Job description

We are hiring for SA & Team leads who have relevant experience into Trade Settlements - Equity & Fixed Income settlements/OTC Settlements/FX Settlements/DTCC/Prematching/Pre & Post Settlements/Fail trade management for Navi Mumbai lcoation

Shift : Night

The ideal candidate should possess strong business understanding of finance industry with special focus on Trade Lifecycle, trade/cash settlements. He/she should be good with numbers and ability to derive information from data with excellent multi-tasking and creative problem solving. He/she should have strong capabilities in PowerPoint, MS Word and MS Excel and should be able to build domain expertise and lead from the front with the ability to work under pressure, handle multiple priorities and work as part of the team.

Settlements- Senior Analyst /APM Responsibilities

• Responsible for all components of the daily Pre-matching, Value Date, fails management & settlement and ensuring accurate and timely processing, through adherence of internal control policies and procedures, trade capture processes, including trade blotter reconciliations and resolution of exceptions.
• Maintains proper daily workflow documentation evidence for regulatory and compliance purposes. Satisfies documentation processes to ensure files are easily found, understood and are well maintained.
• Daily comparison of open trade fails and ensuring items are tracked and actioned.
• Daily interaction with external clients, Brokers, Sales desk, trading desk etc on trade discrepancies.
• Match trades with broker dealer counterparts.
• Monitor Euroclear/DTCC/Crest/SGX/Clear stream to ensure matching of all settlement items.
• Work with settlements team to monitor and resolve fails.
• Cover BAU functions within Middle Office and Settlements team if necessary

Minimum Qualifications

• Graduation (B.Com., BBA, BBM, BCA) / Post Graduation (M.Com., MBA, PGDM)
• 2 to 4 years of experience in Settlements and OTC derivative.
• Should have basic knowledge of finance, trade life cycle, investment banking, and derivatives.
• Should be good with logical and quantitative abilities.

Preferred Qualifications

• Ability to manage and complete specific tasks with minimal direction
• Should be able to act fast and decisively when dealing with critical situations – ability to read situations and act in minutes
• Willingness to continuously learn, upgrade skills and stay relevant to business demands
• Excellent interpersonal skills – ability to network and earn confidence of diverse Client personnel plus interaction with and management of eClerx India based operations team.

eClerx Financial Markets offers consulting, technological innovation, and process management expertise to uniquely solve operational challenges for financial organizations worldwide. With nearly two decades of industry experience, complemented by smart automation and robotics, our team of experts delivers holistic solutions across the trade lifecycle, change management, data analytics, compliance, cash securities operations, document digitization and generation, and outreach.

To know more about us, visit https://eclerx.com

eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, per applicable law.